Business news
India firm Adani targets 18pc annual return in JKIA deal
Adani is expected to build a second runway and a new passenger terminal.
State raises debt target by Sh164 billion to fill budget hole
The Budget and Appropriations Committee of the National Assembly has proposed an overall...
NSE wealth concentration now falls to 66pc
CMA says there is a positive trend towards better distribution of wealth in the market as...
Treasury headache as pension bill hits record Sh149bn
The rise in the bill highlights the growing burden of settling payments for thousands of...
Excise stamps contract sinks Sh4.7bn hole in KRA books
KRA has attributed the debt to the fact that the stamps were bought at a higher cost than the...
John Mbadi, a tax hike critic, set for Treasury Cabinet post
Kenyans will also be eager to see if Mr Mbadi lives true to his philosophy and introduces...
Impact of Treasury failure to release Sh30bn to counties
Through the 2023/24 year, which ended on June 30, governors kept complaining over frequent...
Parastatal chiefs face fines for non-remittance of profits
Kenya has 46 commercial State-owned entities, the majority of which are in the transport and...
NCBA overtakes KCB, Equity in high value accounts
The latest bank supervision report shows that NCBA’s high-net-worth accounts more than doubled...
Expats in Kenya wire out record Sh87 billion
CBK said most of the money was wired to countries within the East African region through...
Faulu Microfinance Bank launches money market fund
Faulu Bank said it will leverage on the extensive expertise and resources of its parent...
Kenya Railways dangles lounge, meals in SGR premium rates
Passengers will pay Sh12,000 for the premium class coaches as children pay Sh6,000.
