1896 2021; Evolution of Kenya's Banking Sector
The banking sector in Kenya is one of the oldest, largest, and most important of part of the country's industries. The Banks play very important economic functions and the most [...]
Unaitas Receives KSh1 Billion Funding from OikoCredit for SMEs
Unaitas Kenya has received KSh1 billion funding from Dutch private equity firm, Oikocredit, to fund small businesses in the agribusiness space. The firms said the funds will be repaid over [...]
REITs Are the New Way to Invest in Real Estate in Kenya
Real Estate Investment Trusts (REITs) are gaining traction in Kenya. They are investment instruments backed by income-generating properties like apartments, offices, or hotels. The Real Estate Investment Trusts (REITs) launched [...]
National Treasury says 18 State firms face KSh 382 Billion Financial Shortfall
The National Treasury has said that some 18 state-owned enterprises will have liabilities that exceed assets, totalling KSh 382 Billion over the next five years. National Treasury samples 18 state-owned [...]
Kenyans to Pay More for Alcohol, Imported Jewellery, Motorcycle, Chocolates and Betting
Kenyans have begun feeling the pinch on their wallets as new tax measures passed in the Finance Bill 2021 begin to take effect. The list of those affected by the [...]NSE Equity Turnover up 6% to KSh 395.4 Million
Nairobi Securities Exchange(NSE) recorded a 6% increase in turnover to KSh 395,410,780.00 when trading ended at the bourse this Tuesday, 13th July 2021. There was also a 27% increase in [...]Why Women Entrepreneurs fear Electronic Business
Most women in business fear embracing technology or have ‘technophobia’ due to a lack of trust with the online community and lack of capacity building skills. Vivo Woman CEO and [...]100MW Kipeto Wind Farm Project in Kajiado Now Complete
Construction of the 100 MW Kipeto Wind Farm Project, located in Kajiado, has reached its completion. The two partners in this project, Pan-African developer BTE Renewables and Kenyan Craftskills said [...]Electricity Bills to Increase in July on Forex Adjustment
The cost of electricity is expected to go up significantly beginning this July after the Energy and Petroleum Regulatory Authority (EPRA) increased the forex exchange component on the power bill. [...]Gov't Announces Plans for a KSh100 Million Cotton Ginnery in Lamu
The government has announced plans to construct a KSh100 million cotton ginnery in Lamu County, seeking to revive cotton farming. According to Lamu County Governor, Fahim Twaha, the ginnery will [...]Base Titanium Gets Approval to Extend Mining Operations for 1 Year
Mining company, Base Titanium, has gotten approval from the Petroleum and Mining ministry to extend its operations in Kenya by 1 year under a new licence. The Ministry is processing [...]Horticulture Earnings Fall to KSh77 Billion in H1 2021
Horticulture exports earnings in H1 2021 (January to June) fell by KSh6.3 billion to only fetch KSh77.1 billion, from KSh83.4 billion recorded during the same period last year. Volumes of [...]
