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Kenya inflation cools to 5.47 percent in May- KNBS
By Kepha Muiruri,
1149, May 30, 2020 (EAT)
Inflation cooled down to 5.47 percent in May down from 5.62 percent in April, new data from the Kenya National Bureau of Statistics (KNBS) shows. T...
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CBK falls short of goal to switch Treasury bill investors to bonds
By Kepha Muiruri,
1554, May 28, 2020 (EAT)
The Central Bank of Kenya (CBK) has fallen short of its goal to switch Treasury bill (T-bill) investors to bonds in its quest to relieve pressure of t...
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Kenya Airways seeking Ksh.4 billion Gov’t loan to stay afloat
By Kepha Muiruri,
1124, May 28, 2020 (EAT)
National carrier Kenya Airways (KQ) says it is seeking an additional Ksh.4 billion in government support to stay afloat through the pandemic. The n...
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Kenya Airways posts expanded Ksh.13 billion annual loss
By Kepha Muiruri,
1936, May 26, 2020 (EAT)
National carrier Kenya Airways (KQ) has reported an expanded Ksh.13 billion loss for the year ending December 2019 representing a 71 percent rise in l...
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Kenya’s commercial debt has grown by 750 percent for the last 10 years
By Kepha Muiruri,
1239, May 26, 2020 (EAT)
Kenya’s appetite for commercial debt grew by over eight times or an equivalent 750 percent in a decade from June 2010 to March 2020. The data con...
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Used vehicle dealers oppose KRA’s new pricing regime
By Kepha Muiruri,
1546, May 25, 2020 (EAT)
Used vehicle dealers have opposed the Kenya Revenue Authority (KRA) draft current retail selling prices for imported motor vehicles terming the new da...
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Uhuru announces Ksh.54B stimulus plan to jumpstart Kenyan economy
By Faizal Ahmed,
1809, May 23, 2020 (EAT)
President Uhuru Kenyatta has unveiled his eight-point economic plan that will see the economy jumpstarted. He announced an allocation of Ksh. 53.7b...
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Mobile money transactions soar by 9.4pc on Covid-19 emergency measures
By Kepha Muiruri,
1440, May 22, 2020 (EAT)
The average number of daily mobile money transactions carried out by Kenyans since emergency measures to support cashless deals has soared by 9.4 perc...
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Qatar Airways cabin crew to wear hazmat suits
By CNN,
1129, May 20, 2020 (EAT)
Flight attendant uniforms have evolved considerably over the years, with styles adapting to reflect fashion trends, along with the changing world. ...
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9 out of 10 Kenyans uncertain of return to work as Covid-19 pandemic bites
By Kepha Muiruri,
1825, May 19, 2020 (EAT)
Nine out of ten Kenyans are unclear of when they would be returning to work following disruptions arising from the Covid-19 pandemic, a new survey. ...
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CBK seeks to switch T-bill investors to bonds in Covid-19 led pressure
By Kepha Muiruri,
1446, May 16, 2020 (EAT)
The Central Bank of Kenya (CBK) has sought to switch Treasury bill (T-bill) investors to bonds with a view to provide relief to exchequer upcoming red...
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These are the most popular Covid-19 quarantine food orders
By Ian Omondi,
1328, May 15, 2020 (EAT)
Online food delivery platform Uber Eats has released a report of the most popular orders placed by Kenyans during the Covid-19 quarantine period. T...
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Kenya’s dilemma in re-opening economy
By Kepha Muiruri,
1151, May 15, 2020 (EAT)
Kenya faces a dilemma in re-opening the economy as the government seeks to balance economic recovery and taming new infections. The option to ease ...
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Church sues Zoom after porn streamed during a Bible study class
By CNN,
1121, May 15, 2020 (EAT)
A San Francisco church is suing Zoom after one of its bible study classes was allegedly infiltrated by a hacker who bombarded the video call with porn...
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Super Petrol prices decrease by Ksh.9.54 per litre
By Kepha Muiruri,
1743, May 14, 2020 (EAT)
Super Petrol and Diesel prices have decreased by Ksh.9.54 per litre and Ksh.19.19 per litre respectively. In its monthly review, the Energy and Pet...
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Jumia cuts costs, hopes for lockdown boost
By Reuters,
1242, May 14, 2020 (EAT)
Jumia Technologies reported an almost 7 percent fall in first quarter revenue due to supply chain disruptions, particularly in China. the strugglin...
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Gov’t mulls resuming passenger service operations as KAA convenes meeting
By Faizal Ahmed,
1314, May 13, 2020 (EAT)
The government is likely to allow airline companies to resume passenger service operations. A phased out plan indicates that the domestic passenger...
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Stanbic Bank inks deal with Rotary for 700 sanitation stations in Kenya
By Citizen Reporter,
1238, May 13, 2020 (EAT)
Stanbic Bank’s flagship women’s proposition DADA has announced a partnership with the Rotary District 9212 that will see the bank invest in 700 sa...
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Oil marketers conspire to raise fuel prices as Kenyans brace for tough times ahead
By Kepha Muiruri,
1611, May 12, 2020 (EAT)
Oil marketers have made an attempt to manoeuvre existing marketing rules to retain higher fuel costs to Kenyans this month, denying relief to consumer...
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Kenyan banks forecast drop in new loans as Covid-19 pandemic impacts sector
By Kepha Muiruri,
1444, May 12, 2020 (EAT)
Local banks expect new loan accounts to shrink significantly in 2020 as the industry prices in the impact of the Covid-19 pandemic. According to a ...
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