EU in Ksh. 15.8B deal with Equity Bank to support Kenyan business

By Citizen Reporter,

The European Union and the European Investment Bank, working together as Team Europe, are providing €120 million (Ksh. 15.8 billion) of new support ...

coronavirus , Equity , EU

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

KRA begins receiving voluntary tax disclosure applications

By Kepha Muiruri,

The Kenya Revenue Authority has activated its voluntary tax disclosure program (VTDP) as it moves to enhance revenue collection through enhanced compl...

Kenya Revenue Authority (KRA) , voluntary tax disclosure program (VTDP).

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

KenGen clinches Ksh.709M deal to drill geothermal wells in Djibouti

By Citizen Reporter,

Kenya Electricity Generating Company (KenGen) PLC has won yet another international contract to drill three geothermal wells in Djibouti. The company...

kengen

CA, telcos set up interactive portal for safer internet for children

By Citizen Reporter,

The Communications Authority of Kenya (CA) has launched an interactive portal aimed at creating a safer internet for children. The project is in pa...

safer internet day

Kenya Power targets 55,000 SME customers with smart meters

By Citizen Reporter,

Kenya Power has rolled out a smart metering project that will benefit 55,000 customers in the Small and Medium Enterprise sector across the country. ...

KENYA POWER

Firms sustain work from home arrangements in the New Year

By Kepha Muiruri,

Firms have sustained work-from-home arrangements in the New Year as remote working continues to have a foothold in the domestic labour force. Worki...

COVID-19 , working from home

Mdundo wants to be the Spotify of Africa

By CNN,

Mdundo provides access to the continent's favorite music to more than 6 million monthly active users. Set up in 2013 by Danish expat Martin Nielsen...

mdundo , Spotify

KQ, Air France KLM to terminate Africa Europe partnership in 2021

By Citizen Reporter,

Kenya Airways and Air France KLM Group have agreed to mutually terminate their Africa-Europe joint venture partnership from September 1, 2021. The ...

Air France-KLM , coronavirus , kq

Kenya Power unveils Ksh.800M plan to address outages

By Citizen Reporter,

Kenya Power has launched a Ksh. 800million electricity network management programme aimed at maintaining the electricity network countrywide for impro...

Electricity bill , KENYA POWER , Power Outage

Kenyan firm Techlait sets up new e-learning platform for children

By Rachel Ombaka,

A Kenyan tech-company has set up a new e-learning platform for children who are still at home in the advent of the COVID-19 pandemic. Also Read: Le...

coronavirus , E-Learning , Techlait

Why the CBK isn’t losing any sleep over banks sinking profitability

By Kepha Muiruri,

Banks earnings continue to take a beating from economic disruptions occasioned by the COVID-19 pandemic. This however is merely a secondary concern fo...

Central Bank of Kenya (CBK) , Dr. Patrick Njoroge , Kenya Bankers Association (KBA)

Kenya seeks three and a half year access to IMF emergency loans

By Kepha Muiruri,

Kenya is in deep talks with the International Monetary Fund (IMF) over the access of emergency bail out loans over the next three and a half years, th...

CS Ukur Yatani , debt , International Monetary Fund (IMF) , National Treasury

EABL doubles raw material purchases on rebounding alcohol consumption

By Kepha Muiruri,

East African Breweries Limited (EABL) has revised its demand for grains used in the production of alcoholic beverages on the back of a rebound in sale...

COVID-19 , East African Breweries Limited (EABL)

NBK bad loans exposure shrinks to Ksh.29 billion

By Kepha Muiruri,

KCB Group has continued its clean up of the National Bank of Kenya (NBK) books with the lender’s share of gross non performing loans (NPLs) shrinkin...

Stabex International rolls out LPG brand in Kenya and Uganda

By Benjamin Muriuki,

Stabex International (STABEX), one of largest oil marketers in Uganda and fast growing petroleum company in Kenya, is rolling out its Liquefied Petrol...

Stabex International

KQ pilots accuse management of sabotage

By Kepha Muiruri,

Kenya Airways (KQ) pilots represented by the Kenya Airline Pilots Association (KALPA) have accused the carrier’s management of sabotaging recovery e...

Kenya Airline Pilots Association (KALPA) , Kenya Airways (KQ)

KRA seizes alcoholic products branded ‘Fiesta Special Ice’ over fake excise stamps

By Citizen Reporter,

Kenya Revenue Authority (KRA) in conjunction with the multi-agency team charged with combating illicit trade has impounded more than 1,600 cartons of ...

fiesta special ice

COVID-19 fund raises Ksh.3.5 billion in donations

By Kepha Muiruri,

The management of the COVID-19 emergency response fund has confirmed the receipt of Ksh.3.5 billion in donations from members of public and companies ...

coronavirus , Covid-19 emergency fund