IMF visit to Kenya Enters Week Two Amid Govt's Move To Freeze New Projects
A mission of the International Monetary Fund (IMF) on Monday last week began a two-week visit to Kenya to conduct the third review of the country's economy. The mission is [...]
EASRA to adopt regional framework employ Fintech regulatory sandboxes
East African Securities Regulators have agreed to adopt a regional framework to ensure that only operators with the highest standards operate regionally. The framework has provisions focusing on the ability [...]
Kenya Could Benefit Further from a Privatisation-Centric Financial Market- CMA Paper
The Capital Markets Authority’s recent research paper highlights the crucial role privatisation could play in financial market development, an aspect that Kenya could benefit from. Privatisation encourages foreign investment, facilitates [...]Kenya Govt to sign MoU to end oil trucking deadlock
The government is looking sign an MoU in a bid to end a stalemate between Tullow Oil Company and the local community of Turkana. The MoU is expected to address [...]Kenya Based conglomerate Simba Corp Eyes Ethiopian Market
Kenyan-based vehicle dealer and hospitality provider Simba Corporation could expand to Ethiopia if the government opens up its market to foreign investors. Simba Corp’s chief executive Dinesh Kotecha said they [...]ICT Reforms Body says Data Protection Bill Should Apply to all Aspects of Data
The Kenya ICT Action Network (KICTAnet) has recommended that the Data Protection Bill 2018 should consider all general aspects of data processing according to its memorandum. “We recommend that the [...]Seaboard to Pay Unga Group Shareholders Final Price of Sh40 Per Share
Global US-based Seaboard Corporation has said it will pay Unga Group shareholders who accepted its offer a cash offer price of Sh40 per share. This is an indication that the [...]Kenya Re Board To appeal reinstatement of MD Jared Mwarania
Kenya Re board members are set to appeal the reinstatement of MD Jadiah Mwarania which was upheld by Justice Byram Onganya of the Employment and Labour Relations Court. Mr. Mwarania [...]Sachen Gudka Named New Kenya Association of Manufacturers Chairman
The Kenya Association of Manufacturers (KAM) has named Sachen Gudka as the new chairman to serve for a period of two years. The Association has also appointed Mucai Kunyiha as [...]Book Review; Money Wise By Rina Hicks
Drawing from her extensive experience as an investment banker, Rina Karina-Hicks is on a mission to equip the youth with basic skills and tools enabling them to make smart sound [...]CBK to Seek Another Receivership Extension for Imperial Bank
The Central Bank of Kenya (CBK) is set to apply for Imperial Bank’s receivership extension to allow the bank to engage further with KCB Group according to the CBK governor. [...]South Korea to use Kenya as trading gateway to sub-Saharan Africa
South Korea intends to use Kenya as a trading gateway to sub-Saharan Africa, whilst enabling the government achieve its Big 4 agenda, sentiments echoed during South Korea’s PM visit to [...]
