Higher Food Transport Costs Drive Inflation to 9.2% in February
Kenya National Bureau of Statistics (KNBS) has revealed that inflation surged to 9.2% in February, with certain food items registering an 11% increase compared to their prices in January. KNBS's [...]
Government Raises Hustler Fund Borrowing Limit by 100%
The government has increased the financial inclusion fund (Hustler Fund) borrowing limit by 100%. According to a statement from Cooperatives and MSME Development Cabinet Secretary (CS) Simon Chelugui, the substantial [...]EPRA Leaves Fuel Prices Unchanged in Latest Review
Fuel prices will remain unchanged for the month ending March 14, providing Kenyans with some relief from the high cost of living. On Tuesday, the Energy and Petroleum Regulatory Authority [...]NSE Pointing to a Bear Market-Where Are the Opportunities?
The NSE( Nairobi Securities Exchange) Equities Market is sliding into a bear one if figures from the bourse are anything to go by. For instance, the NSE performance report for [...]
CBK Reports a 7.6% Rise in Diaspora Remittance to $ 339.7m in May
CBK (Central Bank of Kenya) Weekly Statistical bulletin has reported that diaspora remittance inflows to Kenya in May 2022 totalled US$ 339.7 million compared to US$ 315.8 million in May [...]Google Offers Scholarships to Enable Kenyan firms Go Online
Google, the USA-based multinational technology company, is offering 1,000 scholarships to small retailers in Kenya to enable them to shift their business to online platforms and sell their wares and [...]EPRA Announces Higher Pump Prices in May
The Energy and Petroleum Regulatory Authority (EPRA) has announced higher pump prices in May, raising fears of a higher cost of living for most Kenyan households. According to the latest [...]Taifa Gas to Enter Kenya’s LPG Market
Taifa Gas, Tanzania’s biggest gas dealer, is set to establish a plant within Kenya's Export Processing Zone(EPZ). The move is expected to trigger a fierce price war between Taifa Gas [...]NSE Daily Equity Turnover Ups to KSh 713.6M
The Nairobi Securities Exchange(NSE) recorded a rise in equity turnover to KSh 713.6 Million, an increase from KSh 103.9 Million on Monday. This is an increase of 586.35 from close [...]NSE Weekly Equity Turnover falls 43% to KSh 1.1 B
The Nairobi Securities Exchange(NSE) recorded a decline in weekly equity turnover to KSh 1.1 Billion when trading closed this Friday, from the previous week's KSh 1.95 Billion, a drop of [...]Nairobi International Financial Hub to open this year
Nairobi International Financial Centre(NIFC) is set to officially open for business later this year. This disclosure was made by Treasury and National Planning Cabinet Secretary Ukur Yatani, while reading the [...]Copia Global Appoints Jason Murray to its Board
Copia Global, Kenya’s B2C e-commerce platform serving a rapidly growing 750 million middle and low-income African consumer market, has appointed former Amazon executive Jason Murray to its Board. He brings [...]
