Proceeds from Mint exports rise ahead of the peak season
Proceeds from mint exports to the Netherlands and the United Kingdom are set to rise as a result of the peak season which started in August and will continue until [...]
Treasury approves KCB-NBK union
The acting CabinetSecretary National Treasury and Planning has released a statement supporting the KCB-NBK merger deal. In a press statement seen by Kenyan Wallstreet, Ambassador Ukur Yatani applauds the completion [...]
Barclays Kenya Rebrand to Absa Gains Momentum
Barclays Kenya is on course to transition to Absa by June 2020. Absa is a leading well-capitalized African banking conglomerate with presence in 12 markets. The transition will help Barclays Kenya [...]NSE to test its newly purchased Automated Trading System
The Nairobi Securities Exchange is preparing to test its newly acquired Automated Trading System (ATS). The exchange will conduct mock trading sessions and disaster recovery assessment protocol on Saturday 14th [...]
Cabinet approves KSh6.9Billion for Naivasha Special Economic Zone
Today, the cabinet has approved a budget for the development of the Naivasha Special Economic Zone. The funds will also finance phase 2A of the standard gauge railway. Naivasha Special [...]Foreign nationals banned from adopting children
A special Cabinet meeting held at State House, Nairobi on Thursday 12th September 2019 has banned the adoption of children by foreign nationals. The Ministry of Labour and Social Protection [...]More Public-Private Partnerships in the healthcare sector in Kenya
A healthy population is necessary for the social and economic development of any country. A report by the World Bank shows that 6 % of people in low and middle-income [...]New KEBS standards geared towards sustainable environmental conservation
The Kenya Bureau of Standards has released new guidelines on the production of non-woven bags and new Standard Code of Practice for Inspection of Road Vehicles. The new standards are [...]The Impact of Banking sector development on Kenya's economy
Kenya’s banking sector has facilitated sustainable development through affordable finance. The financial services sector has been at the centre of driving and shaping Kenya’s GDP growth. In a report; The [...]How Airtel and Telkom frequent change in management and brand diluted their market in Kenya
Companies’ brands thrive on consistency and qualities of services that they offer and of course the distribution and their network coverage for telecommunication companies. Mobile has become pervasive and therefore [...]Chinese investors keen on trade with Kenya
More Chinese investors are enthusiastic about conducting business with Kenyan traders, especially on the sale of fruits and vegetables. Chinese delegates from the Shandong Province recently visited various counties with [...]Digging Into Safaricom Investment Co-operative's Latest Project The Zaria Village
Safaricom Investment Co-Operative has been in existence since 2009, delivering a total of 129 projects. Over the ten years, the co-operative has been able to remit upto 42% annual returns [...]
