Kenya Moves Up 19 Places on Ease of Doing Business
Kenya has moved up 19 places on the ease of doing business to position 61 up from position 80 previously according to the World Bank ranking which ranks 190 economies [...]
ARM Trading Suspension Extended For 75 More Days
The capital Market Authority (CMA) has yet again extended the suspension of trading of Athi River Mining Cement PLC (ARM) for a further 75 working day. The extension comes after [...]$450 Million Olkaria V Power Plant Still On Track, Says KenGen
Kenya Electricity Generating firm (KenGen) has reiterated that Multi-billion Olkaria V project which is currently under construction will be ready to inject another 165MW to the national grid by June 2019 [...]KBA Boss Wins Continental Award For Best Association Leader
Kenya Bankers Association (KBA) Chief Executive Officer Dr. Habil Olaka has won the Association Leader of the Year award, with the association taking the runner-up position during the 2018 edition [...]KRA to use blockchain in tax administration
The Kenya Revenue Authority (KRA) has announced it has began to identify areas where it could utilize blockchain technology for tax administration with the help of the Blockchain and Ai taskforce. [...]
Kenya Power, Mumias to Delay release of Financial Results
Two NSE listed firms; Kenya Power Lighting Company and Mumias Sugar have announced that publication of their financial results for the period ended 30th June will be delayed and will [...]300 MSMEs Targeted In KBA's Inuka Enterprise Program
Over 300 Small and medium enterprises are set to benefit in this year’s Inuka Enterprise Program organised by the Kenya Bankers Association (KBA). The program intends to support Micro, Small [...]Fintech Enhances Banks Competitiveness Report
Banks backed by digital platforms are said to be offering larger loan sizes and broader product offering. According to a recent Fintech report by Genghis Capital, banks are said to [...]Guest Post; How do we get pension funds to play a bigger role in Infrastructure financing in Kenya?
By George Bodo As the public debate around Standard Gauge Railyway (SGR) funding and its attendant costs continues to emit varied nuances, the broader debate we need to have is [...]NSE Kenya To Admit Bank of Kigali After CMA Approval
The Nairobi Security Exchange is set to admit Bank of Kigali Group Plc (BK) after the Capital Markets Authority (CMA) granted approval for the cross-listing of the first Rwandese firm at [...]Safaricom Contribution To Kenyan GDP Stands At 6.5% Report
Telco service provider Safaricom input to the Kenyan Economy stands at 6.5 per cent on top of job creation which is said to have had a 5 per cent growth [...]Kenya To Host 90 Chinese Companies In Student Trade Fair.
Kenya is set to host 90 Chinese multinational companies for a student trade fair at the Kenyatta International Convention Center in Nairobi. The companies, under the Kenya China Economic Trade [...]
