business
DPP drops Sh520m loan fraud charges against Nyama Mama directors
The Shanghavis were charged in 2021 with obtaining a loan of Sh520 million from Victoria...
Treasury bills in domestic debt hit historic low
CBK data shows the stock of T-bills fell to Sh616 billion at the end of June 2024.
Credit access: How to de-risk small businesses to create much- needed employment for Gen Zs
The government's Bottom-Up Economic Transformation Agenda positions MSMEs as one of the pivotal...
Major currency movements in 2024
In Kenya, forex traders have shown a particular interest in currency pairs that reflect both...
Cheap fertiliser gets Sh2.5bn extra in mini-budget
Farmers are among the few winners in the first supplementary budget of the financial year 2024/25.
Nairobi must align trade with global trends to curb losing exports lustre
Kenya lags behind Uganda, Tanzania and Ethiopia as far as export diversification and product...
Billionaire Baloobhai doubled Bamburi stake ahead of buyout
Mr Patel’s stake in the cement firm rose to 30.52 million shares, equivalent to 8.41 percent of...
Safaricom earns Sh40bn from reverse calls and airtime loans
More than half of Safaricom’s voice usage in Kenya is now powered by a mix of loaned airtime...
Education, energy and roads suffer deep budget cuts
The Treasury has slashed teacher resource management, electricity distribution and road...
Treasury cuts Ruto’s debt plan despite Finance Bill pressures
Estimates by the Treasury show the borrowing will only be revised upward by 9.2 percent or...
How lenders are deepening foray into insurance business
Banks are riding on strong financial muscles and higher trust from customers, raising the...
Passengers stranded in Dubai as Kenya Airways cancels flights
Kenya Airways cancelled two of its flights to Nairobi on safety concerns.
