Kenya's Domestic Debt Rises to KSh3.49 Trillion
Kenya's domestic debt increased to KSh3.49 trillion in the first week of January 2021, a 19% jump from KSh2.94 trillion in the same period in 2020. Investors piled their funds [...]
IFC Loans KSh8.25 Billion to Co-operative Bank to Support MSMEs
The International Finance Corporation (IFC), a member of the World Bank Group, has given a KSh8.25 billionloan to Co-operative Bank, to enable the bank to increase lending to Micro, Small [...]
Konza City Tatu City Partner to Enhance Investment
Konza City and Tatu City have announced a partnership, seeking to attract investors to Kenya. The companies have said that the collaboration will build both mega-projects’ investment policies and position [...]Tavaziva Madzinga Named as Britam's New CEO
Kenya's leading financial services company, Britam, has appointed Tavaziva Madzinga as its new CEO. He replaces Benson Wairegi who has been in the company for four decades. Tavaziva Madzinga is [...]Bitcoin Gaming the New Types of Games on the Gaming Market
There are plenty of things that people can do during their free time, but most of them choose to game. This makes gaming one of the most popular hobbies in [...]KRA's December Revenue Collection Exceeds Target by KSh 2 Billion
The Kenya Revenue Authority (KRA) collected KSh166 billion revenue in December 2020, exceeding its revenue collection target for the month of December by KSh 2 billion. The revenue collection was [...]Impact Investment and the growing shift toward meaningful finance in Africa
Written by Allan Wood, Global Head of Business Development at Jersey Finance The current global trend towards more meaningful, purpose-led investment – otherwise known as Impact Investing – has shown [...]KAA Begins Refurbishment Upgrade of JKIA
Kenya Airports Authority (KAA) has begun a 12-months long refurbishment and upgrade of the Jomo Kenyatta International Airport's (JKIA) Terminal 1B and 1C, a move that seeks to enhance the [...]China Exim Bank Repayment Holiday for $1.4 Billion Nairobi-Naivasha SGR Loan Expires
China Exim Bank five year repayment holiday for the$1.4 billion loanused to build the Nairobi-Naivasha SGR expires on Thursday, 21st January 2021. This means that unless officials from both countries [...]How to Find the Best Forex Broker in Kenya
As Kenyans become increasingly more interested in the Forex market, many brokers have brought their services to Kenya. This poses a new challenge: finding the best broker to open an [...]Blow as KQ Workers Face New 30% Pay Cuts
Kenya Airways (KQ) workers are facing a fresh round of pay cuts of between 5% and30%,a move that seeks to preserve cash amid unrelenting financial challenges due to the global [...]Sasini Plc Emerges from Losses to Post Net Profit of KSh 12.6 Million
Sasini Plc, a listed coffee and tea producer, posted a net profit of KSh 12.6 Million for the financial period ended 30th September 2020. This is compared to a net [...]
