Fuel, LPG Prices Rise as January Financial Woes Pile
Motorists will pay more for petrol and diesel in the coming days. Additionally, the low –income households will dig deeper in their pockets to purchase a litre of kerosene. According [...]
IFC Gives $2 Million to Finance Private Companies
International Finance Corporation (IFC), together with World Bank, have committed to give $2 million to Kenya and other developing countries. The money is meant to develop new financing avenues for [...]
Unlocking the Potential of your Card
The rapid integration of innovation in payments is quickly gaining global acceptance. Customers now have options on what form of payment instrument they prefer for their transactions. In Kenya, mobile [...]
Amb. Yatani is Kenya’s 15th Finance Minister
The financial markets have remained relatively calm following the confirmation of Ambassador Ukur Yatani Kanacho as Kenya’s Cabinet Secretary for National Treasury. Mr. Yatani has been the acting Treasury CS [...]Sasini Trims Workforce, Cites Increased Wage Claims
Sasini Group has slashed its workforce by 240 workers citing an increase in wage claims that have sunk the firm deep into loss and debt. The firm recorded a net [...]Prepaid Cooking Gas Debuts in Kenya as Safaricom Partners with M-Gas
Safaricom has partnered with M-Gas to launch a prepaid cooking gas service. This move aims to improve access to cooking gas particularly for low income communities. In this new technological [...]One-Year Treasury Bills Oversubscribed
LISTEN TO ARTICLE Investors have oversubscribed to the one-year treasury bills issued by Central Bank, with CBK receiving bids totaling to KSh39.77 billion. This, therefore, saw CBK to take KSh36.8 [...]Tax Appeal Tribunal Delivers 23 Judgments
The Tax Appeals Tribunal (TAT) has delivered 23 tax appeal judgments with a revenue implication of Ksh11 billion. In a statement, Paul Matuku, KRA Commissioner for Legal Service, says the [...]
South Africa Rolls out Kiswahili Pilot in 90 Schools
South Africa Department of Basic Education (DBE) rolls out Kiswahili as an optional language in the curriculum in a pilot 90 schools. Moreover, Kiswahili will be among other optional languages [...]Digital Gig Economy's Potential to Solve Youth Unemployment
Digital technologies are a crucial source of economic dynamism and create opportunities for gig job creation. Kenya enjoys high mobile penetration standing at 112 per cent with a whopping 53.2 [...]Kenya Set to Begin KSh2 Billion Street Name Project
Kenya is set to begin development of the KSh2 billion street name project, dubbed National Addressing System (NAS), this year. According to the Communications Authority, the development of the street [...]Ksh5.8B Likoni Car Cable Project Hits a Snag
The Senate Roads and Transport committee has quashed Kenya Ferry Services Ksh5.8B Likoni channel cable car project. According to the Chairperson Kimani Wa Matangi, the project is unviable citing unsustainable [...]
