Kenya’s credit rating downgraded on debt woes

By Kepha Muiruri,

Kenya has earned yet another ratings downgrade over its rising debt vulnerabilities with the Standards & Poor's (S&P) lowering the country’s...

credit rating , Kenya's debt distress , National Treasury , Standards and Poor's

Citibank rolls out program to support women owned businesses

By Citizen Reporter,

Citibank N.A Kenya has established a Supply Chain Finance Program in support of women-owned businesses. Also Read: Women’s subpar representation ...

CitiBank , women

KPA forced back to the drawing board, to start MD recruitment afresh

By Kepha Muiruri,

Treasury CS Ukur Yatani has forced the management of the Kenya Ports Authority (KPA) back to the drawing board after he rejected proposed names for th...

KPA , manduku

Kenyan private sector firms cut employee salaries further

By Kepha Muiruri,

Kenyan private sector firms have continued to trim employee salaries further as the demand for goods and services staggers. Also Read: Pain for Ken...

paycut , salary , VAT

NCBA Bank, TATA Africa Holdings ink deal for commercial vehicles

By Citizen Reporter,

NCBA Bank Kenya PLC on Wednesday signed a partnership deal with Tata Africa Holdings (K) Limited to finance Tata models throughout the country. Und...

NCBA , Tata

Data is key to closing gender gaps in energy access in Kenya: AfDB

By Citizen Reporter,

Gender-specific data, especially detailed information on how women and men use financial resources, is needed to improve interventions geared to closi...

AfDB , energy access , Energy and Mineral Development Minister Irene Muloni

Simba Corp rolls out locally assembled Proton Saga saloon car

By Citizen Reporter,

Simba Corp on Monday launched sales of the locally assembled Proton Saga saloon car. The Proton Saga is locally assembled at the Associated Vehicle...

Proton Saga , Simba Corp

Jambojet inks deal with KTB to market Kenya

By Citizen Reporter,

Regional low-cost carrier Jambojet has entered into a partnership with the Kenya Tourism Board to promote domestic tourism. The partnership involve...

Jambojet , KTB

JKIA, Moi International Airport win ACI’s best airports in Africa award

By Citizen Reporter,

Jomo Kenyatta International Airport (JKIA), Nairobi and Moi International Airport (MIA), Mombasa have been recognized for excellence in customer servi...

jkia , Moi International Airport

Schneider Electric launches made-in-Kenya Prisma iPM switchboard

By Citizen Reporter,

Schneider Electric is supporting the national 'Buy Kenya, Build Kenya' initiative by announcing the launch of locally-manufactured Prisma iPM electric...

Schneider Electric

Why businesses must account for the Digital Services Tax

By Kepha Muiruri,

By 2017, about a quarter of the world’s population or about 1.3 billion people at the time had purchased goods online. This is according to data ...

Digital Services Tax , KRA

Gov’t forms team to set sugarcane prices

By Dennis Otieno,

The Ministry of Agriculture has moved a step closer in reviewing cane prices in the country. The government has appointed a nine-member team to ste...

sugarcane

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...

January tax receipts down 6pc at Ksh.111.3B

By Kepha Muiruri,

Tax receipts across the month of January fell by six per cent to stand at Ksh.111.3 billion from Ksh.118.3 billion last year. This is according to ...

Kenya Revenue Authority (KRA) , National Treasury , taxes

DTB to close six branches by end of October 2021

By Kepha Muiruri,

Tier I lender Diamond Trust Bank (DTB) is expected to shut six branches by the end of October as part of efforts to consolidate its physical footprint...

DTB

748 Air Services acquires additional aircraft

By Benjamin Muriuki,

Aviation company 748 Air Services has announced acquisition of another Dash 8-Q400 aircraft increasing their total fleet of aircraft to 14 of differen...

748 Air Services , Ahmed Jibril

EU launches projects worth Ksh.185.9M to lift small-scale fishing at the Coast

By Kepha Muiruri,

The European Union (EU) has unveiled two projects valued at Ksh.185.9 million (1.4 million Euro) to lift small-scale fisheries at the Kenyan Coast. ...

Ambassador Simon Mordue , Blue economy

Kenya & IMF reach agreement on Ksh.262.7 billion 3-year loan

By Kepha Muiruri,

Kenyan authorities and the visiting team from the International Monetary Fund (IMF) have reached a staff-level agreement on the disbursement of a Ksh....

COVID-19 , International Monetary Fund (IMF) , National Treasury

Inside gov’t Ksh3.5 trillion 2021/22 spending plan

By Kepha Muiruri,

Kenya’s 2021/22 budget is expected to top Ksh.3.5 trillion with National Treasury divulging details to the spending plans in the 2021 Budget Policy ...

2021/22 budget , Kenya debt , National Treasury