world business
Treasury official in Sh36m EACC probe seeks out-of-court deal
Anti-Corruption court gives EACC and the Treasury employee 30 days to conclude talks.
President Ruto cuts current budget spending by Sh14bn
President William Ruto has dropped funding of his predecessor’s infrastructure projects.
KTDA farmers borrow Sh7.5bn in six months
Tea growers have received Sh7.5 billion in loans in six months from the Kenya Tea Development...
KeNHA to upgrade Mombasa Road to Expressway standard in Sh24.8bn plan
KeNHA on Tuesday said that plans are underway to upgrade the old Mombasa Road to the standards...
Funding of Kenyan tech startups increases to Sh71 billion in 2022
Kenyan tech start-ups received a total funding of $574.8 million (Sh71.7 billion) last year.
Faster State firms sale will boost the capital market and economy
The National Treasury’s proposal to shorten the time it takes to privatise State-owned...
Why the future of business is in the hands of ethical consumers
Business ethics is becoming increasingly important to consumers, young and old.
Kijabe Street’s rise to a lighting hub
In the early 90s, Kijabe Street in Nairobi would not have been the most strategic spot for...
Current account deficit falls, exports, remittances up
Kenya’s current account deficit to GDP for 2022 has come in nearly a percentage point lower.
Kenya ranked fifth in Africa on AI readiness
Kenya has been ranked fifth in Africa on the government’s readiness to implement Artificial...
New luxury vehicle sales decline by 15pc
Sales of new luxury cars fell 15.4 percent in the year ended December 2022.
Proposed excise stamp rate hikes bad for Kenya’s manufacturing agenda
The proposed Excise Duty (Excise Goods Management System) (Amendment) Regulations, 2023 seek to...
