Uganda calls on mobile Money to cultivate new debt investors

By Reuters,

Ugandans will be able to buy government securities through a mobile money platform in a move by the east African country to become less dependent on c...

mobile money , uganda

KRA widens rental tax net to capture big-time landlords

By Kepha Muiruri,

The Kenya Revenue Authority (KRA) has cast its rental-tax net wider to include landlords and property owners with annual incomes surpassing the Ksh. 1...

Kenya Revenue Authority (KRA) , National Treasury , Rental Income Tax

Inside the life of a nurse: Why are they on strike?

By Laura Otieno,

Why are the nurses putting up such a fight despite intense criticism from Kenyans online about the devastating effects of their strike? Citizen Dig...

Nurses strike

Suppliers bleed out from local retailers’ collapse

By Kepha Muiruri,

Retail suppliers have taken the heaviest bruising from the failure of Kenya’s long-serving supermarkets which are sinking and taking with them insur...

Association of Kenyan Suppliers , Kimani Rugendo , Retail Traders Association of Kenya (RETRAK) , Willy Kimani

China just quietly wrote off a chunk of Cameroon’s debt. Why the secrecy?

By CNN,

When top Chinese diplomat Yang Jiechi met Cameroon President Paul Biya in the capital Yaounde last month and wrote off a chunk of the African country'...

CMA backs local currency bond issuance to hedge against volatility

By Kepha Muiruri,

The Capital Markets Authority (CMA) has backed the adoption of local currency in the issuance of government debt in the international market, this to ...

Capital Markets Authority , Central Bank of Kenya (CBK) , International Monetary Fund (IMF) , Paul Muthaura

CBK calls for debt renegotiation, says external shocks likely to impact Kenya

By Dennis Otieno,

The Central Bank of Kenya (CBK) now says it is time the country renegotiated its debts to offer relief on repayments. Speaking during the post Mone...

CBK

Karuturi loses court immunity in liquidation row

By Kepha Muiruri,

Flower farm Karuturi Limited lost its battle to have the Supreme Court put up an injunction to stop Stanbic Bank Plc from attaching itself to company ...

Ian Small , Karuturi Limited , Kieran Day , Muniu Thoithi , Stanbic Bank

Base Titanium clears Ksh. 2.4B outstanding project debt

By Kepha Muiruri,

Kwale-based titanium exploration and mining company Base Titanium has cleared its outstanding debt amounting to Ksh2.4 billion (USD 14.8 million) givi...

Base Titanium

Retailers, suppliers reach deal to end late payments

By Kepha Muiruri,

A section of retailers and suppliers drawn from Kenya’s expansive retail sub-sector on Thursday signed on a code of practice to facilitate the ethic...

Kanini Kega , Kenya Association of Manufacturers , Kimani Rugendo , Retail Traders Association of Kenya (RETRAK) , The Association of Kenyan Suppliers , Willy Kimani

We won’t budge on Kenya, foreign firms pledge after 14 Riverside attack

By Reuters,

International companies with regional headquarters in Kenya said a deadly militant attack at dusitD2 hotel inside the 14 Riverside office complex will...

Al Shabaab , dusitD2 , general electric , riverside attack

KRA bullish of topping revenue targets as reforms come full-circle

By Kepha Muiruri,

The Kenya Revenue Authority (KRA) has expressed optimism of topping its revenue collection requirements in the medium term, this as the agency expect ...

Henry Rotich , John Njiraini , Kenya Revenue Authority (KRA) , National Treasury

Uganda not worried China will seize assets over rising debt

By VOA,

Uganda's growing debt is sustainable, and the country is not at risk of losing state assets to China, the country's finance minister, Matia Kasaija, s...

China debt , Museveni , uganda

Kenya budget deficit forecast to fall, overall spending to rise – Finance ministry

By Reuters,

Kenya budget deficit is forecast to fall in the 2019/20 fiscal year, while overall spending will rise, the Finance Ministry said on Friday. In a dr...

President Kenyatta mourns Professor Olive Mugenda’s husband

By Citizen Reporter,

President Uhuru Kenyatta has sent a message of condolence and encouragement to the family, relatives and friends of Professor Abel Gitau Mugenda who d...

Abel Mugenda , olive mugenda

1000 top KCPE performers head to secondary school under ‘Wings to Fly’ program

By Faizal Ahmed,

One thousand bright students from poor families are now heading to various secondary schools courtesy of the Equity Wings to Fly program. The benef...

Education CS Amina Mohammed , KCPE 2018 , Kenyatta University , Wings To Fly

Kenya struggles to give life to Konza, futuristic ‘Silicon Savannah’

By VOA,

Laborers milled around an unfinished eight-story building in an expansive field in Konza dotted with zebra and antelope. This is the only visible s...

Konza , silicon savannah

Mudavadi scolds government over ‘excessive’ borrowing

By Wycliffe Nyamasege,

The leader of Amani National Congress Party (ANC) Musalia Mudavadi has criticised the government for increasing public debt that he said is unsustaina...

ANC leader Musalia Mudavadi , Musalia Mudavadi

Sugarcane farmers issue strike notice over Ksh.2.6B debt

By George Juma,

The Kenya National Federation of Sugarcane Farmers have issued a one week strike notice to the government over unpaid arrears amounting to Ksh.2.6bill...

Kenya National Federation of Sugarcane Farmers

2022 politics takes centre stage at Idakho bullfighting

By DPPS,

More than 20 MPs from Central, Kisii and Western Kenya have vowed to back Deputy President William Ruto for presidency in 2022. The leaders had joi...

bullfighting , Idakho , ruto