Carbacid’s offer for BOC opens amidst pushback on price

By Kepha Muiruri,

Carbacid Investments offer to acquire BOC Kenya (BOCK) has opened without amendments to its valuation of the company. Carbacid alongside its Aksaya...

BOC Kenya , Carbacid Investments , mergers and acquisitions

Konza partners with Israel embassy in Kenya for innovation challenge

By Citizen Reporter,

Konza Technopolis Development Authority (KoTDA) and the Israel embassy in Kenya have partnered to host an innovation challenge to address technology d...

israel embassy , Konza

Employers warn of further job cuts as they slam new taxes

By Kepha Muiruri,

Employers represented by the Federation of Kenyan Employers (FKE) have warned of further job cuts as business struggle to thrive under higher taxes. ...

Federation of Kenya Employers (FKE) , job cuts , taxes , unemployment

Laikipia becomes fourth county to earn credit ratings

By Kepha Muiruri,

Laikipia has become the fourth County to earn credit ratings as the devolved units continue to gear up for independent borrowing. On Tuesday, the C...

GCR , Laikipia County.

Kenya’s digital taxi drivers seek worker benefits after landmark U.K. ruling

By Kepha Muiruri,

Digital taxi drivers in Kenya are seeking worker benefits following a landmark ruling relating to the treatment of the drivers by companies in the U.K...

Bolt , digital taxis , uber

5 Reasons why Bitcoin is better than Fiat Money

By Agencies,

Since the introduction of Bitcoin in 2009, the preferences of the investors and traders are slowly moving towards the cryptocurrency market. There are...

Kenya’s debt exposures expected to cut 2021 growth prospects

By Kepha Muiruri,

Kenya’s growing exposure to debt is expected to trim 2021 growth prospects even as the economy rebounds from contraction in 2020. According to ec...

debt , John Gachora , NCBA Group

New IMF, World Bank loans trim Kenya’s debt refinancing risks

By Kepha Muiruri,

Kenya’s change of tact to re-integrate cheap financing from the International Monetary Fund (IMF) and the World Bank has served to trim the country�...

2021 MTDS , debt refinancing , National Treasury

Bluebird Aviation projects recovery of airline industry with roll out of COVID-19 vaccine

By Benjamin Muriuki,

Regional airline, Bluebird Aviation has projected the aviation sector could start picking up towards the last half of the year 2021. BlueBird Aviat...

Bluebird Aviation , Captain Hussein Mohammed

Treasury CS Ukur Yatani now goes for Ksh.124 billion Eurobond

By Kepha Muiruri,

National Treasury Cabinet Secretary Ukur Yatani is set to make his debut in the international capital markets with a Ksh.123.5 billion Eurobond in the...

2021 Budget Policy Statement (BPS) , CS Ukur Yatani , Kenya's debt , National Treasury

Kenya’s debt repayment costs jump by Ksh53.7B

By Kepha Muiruri,

Kenya’s debt repayment costs in the year ending on June 30 have shot up by Ksh.53.7 billion in spite of relief on external repayments. According ...

debt , Treasury , Yatani

Is online trading a safe way to invest in markets?

By Citizen Reporter,

COVID-19 has definitely disrupted several economies resulting in catastrophic losses but if one were to look at the financial markets' conditions, it ...

Elon Musk , Forex , GameStop , online trading

Safaricom shrugs virus concerns to declare Ksh.18B shareholder pay

By Kepha Muiruri,

Leading telecom operator Safaricom has shrugged off virus concerns on operations to approve a Ksh.18.03 billion half year dividend pay out to sharehol...

coronavirus , Safaricom

Flower exporters forecast rosy Valentine’s Day

By Kepha Muiruri,

Local flower exporters expect better tidings from this year’s Valentine’s Day sales in contrast to last year. According to the Kenya Flower Cou...

COVID-19 , Kenya Flower Council (KFC) , Valentine's Day

Understanding factors that cause stock prices to fluctuate

By Benjamin Muriuki,

Stock prices increase and decrease in value frequently, fluctuating sometimes by shocking amounts and in short periods of time. New traders or investo...

Forex Trading , stock market

Reprieve for firms as the ownership disclosure deadline is pushed back

By Kepha Muiruri,

Local firms have earned reprieve following an extension of the deadline requiring entities to make disclosures on their beneficial owners. The Busi...

2015 Companies Act , The Business Registration Service (BRS)

Companies face a complex, three-tiered tax filing process

By Kepha Muiruri,

Companies are looking at a complex and three-tiered tax filing process for corporate tax payments covering income earned across last year and 2021. ...

corporate tax , Kenya Revenue Authority (KRA)

Kenya seeks Ksh.154B World Bank, IMF loans

By Kepha Muiruri,

Kenya is hoping to raise Ksh.154 billion in debt from the World Bank and the International Monetary Fund (IMF) before the end of June this year. Th...

International Monetary Fund (IMF) , Kenya debt , World Bank

CBK interventions lift digital banking

By Kepha Muiruri,

Interventions by the Central Bank of Kenya (CBK) to support cashless transactions under the cloud of the COVID-19 pandemic have served to lift digital...

Central Bank of Kenya (CBK) , Digital Banking , Kenya Bankers Association (KBA)

From 64 branches to just 5: Retailer Tuskys nears its last breath

By Kepha Muiruri,

Troubled retailer Tuskys is nearing its last breath with its branch count having fallen to just five from a high of 64 in a little over 12 months. ...

liquidation , nakumatt , Tuskys