Kenya to open two new consulates in China to boost ties
President Uhuru Kenyatta has announced that Kenya will open two new consulates in China in order to enhance trade and bilateral relations between the two countries. The two consulates, will [...]
Track laying of Nairobi-Naivasha SGR Phase 2A kicks off
The laying of railway track of Nairobi – Naivasha SGR Phase 2A has begun and is expected to be completed within the next 18 months according to China Communications Construction Company, [...]
Safaricom Disapproves Budget Proposal to Increase Mobile Money Transfer Excise Duty
Safaricom has disapproved Treasury’s budget proposal to increase excise duty on mobile transfers from 10 per cent to 12 per cent as part of Govt's strategy to raise an additional [...]Kenyan Banks Lose Opportunity to Finance the Lamu Coal Plant Project
Kenyan banks have lost the opportunity to finance the $2 billion Lamu coal plant project because they lack the depth and tenor to fund large projects over an extended period. [...]Stakeholders’ diverse views on the Rate Cap Law
Fanaka TV in Collaboration with the Kenya Bankers Association and the Institute of Economic affairs convened a forum bringing together Private sector, Economists, Members of Parliament, Consumer rights advocates and [...]Jumia to Sell Amaize Unga for Sh1 in Campaign to Boost e-Commerce in Kenya
Jumia is offering new customers on its platform the opportunity to purchase Amaize Unga for only Sh1 with free delivery in Nairobi to boost e-commerce in Kenya. The offer will [...]The Tax measures aligned to Govt's Big 4 agenda
Sentiments echoed from the Barclays Bank Demystifying the 2018 National Budget Manufacturing The budget plans to increase the contribution of the manufacturing sector to GDP to 15 per cent by [...]Demystifying the 2018 National Budget
Last week, National Treasury Secretary Henry Rotich presented the 2018/19 budget which provides a framework for the Ksh3 trillion spending plan. According to Barclays Bank of Kenya Head of Markets [...]Kenya Changes its Plans for a Commodities Exchange
The Kenyan government has decided to create an agricultural and non-agricultural exchange according to the Principal Secretary at the State Department of Trade Chris Kiptoo. The change from its earlier [...]Kenya to open an Embassy in Senegal
Kenya is set to open its first embassy in Francophone countries in Dakar Senegal within 4 months. President Uhuru Kenyatta believes that, opening the embassy in Dakar will be a [...]Kenya Singapore to amplify mutual trade relations through signing of two agreements
Kenya and Singapore have signed two new agreements that are expected to pave way for mutual trade relations between the two countries. The first agreement touches on the Avoidance of [...]Kenya calls for tough action on SIM registration within EAC
Kenya ICT Cabinet Secretary Mr. Joe Mucheru has called for tough measures on enforcement of SIM card registration within the East African Community (EAC) as part of efforts to promote [...]
