Bizna Kenya launches BizTalks Show season 2
Small and Medium Enterprises (SMEs) continue to play an integral role in building the economy of the country. A National Economic Survey report by the Central Bank of Kenya (CBK) [...]
Japanese Investors Show Interest in Kenya
A delegation of Japanese investors is on a three-day tour to familiarize with business opportunities and potential in Kenya. The Kenya Japan Business Forum, organized by Kenya Association of [...]
KQ Expands Codeshare Agreement with Alitalia
Kenya Airways (KQ)and Alitalia have signed an enhanced codeshare agreement, that seeks to create additional connectivity to the networks of the two airlines. The move, also, seeks to boost business [...]
Kenya's Central Bank Lowers Key Policy Rate to 8.25%
Central Bank of Kenya's Monetary Policy Committee (MPC), top policy organ has lowered the Central Bank Rate (CBR) from 8.50 to 8.25. The last time it lowered this key rate [...]
Government’s Half Year Recurrent Spending Hits KSh479.6 Billion
The Government of Kenya used a total of KSh479.6 billion in recurrent expenditure at the end of the first six months of the current 2019/2020 financial year. It also spent [...]New Face of Irrigation as Authority Seeks KSh7.5 Billion
The National Irrigation Authority (NIA) is seeking KSh7.5 billion to rehabilitate existing schemes and put new land estimated at more than 700,000 acres, under irrigation. This financing arrangement is to [...]Treasury Restructures Public Debt Management Portfolio
The Public Debt Management Office (PDMO), a department at the National Treasury, has received a fresh mandate. Beginning next month, borrowing powers previously held by the Treasury Cabinet Secretary, will [...]Nairobi Ranks Second Best Startup Ecosystem in Africa
Nairobi is the second-best city for startup ecosystem in the continent, slightly behind Lagos at first position. Capetown follows at third with Cairo at fourth. A ranking by Startup Blink puts the [...]Bottled Water Prices to Go Up WBAK
The Water Bottlers Association of Kenya (WBAK) has said the prices of bottled water will hike by about KSh10, with effect from 1st February 2020. This unfolds after the association [...]NCBA Investment Arm Sees Banking Stocks Dominate Activity at NSE
The Banking Sector had shares worth KSh1.2 billion transacted which accounted for 42.62% of last week’s (20-24 January 2020) traded value. Equity Group Holdings actively moved 10.8 million shares, valued [...]‘Predatory’ Mobile Loan Apps Still Available Despite Google Ban
Five months ago, Google issued a global ban on Android apps that offer short-term loans, saying it wanted to protect consumers from what it called “deceptive and exploitative” terms. But [...]KRA Starts Issuing Instant Tax Compliance Certificates
The Kenya Revenue Authority will issue instant tax compliance certificates to all Kenyans with a clean tax record. This is thanks to the new simplified self-service feature which encourages transparency [...]
