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Laikipia becomes fourth county to earn credit ratings
By Kepha Muiruri, 1658, February 23, 2021 (EAT)
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.
Why businesses must account for the Digital Services Tax
By Kepha Muiruri, 1003, February 23, 2021 (EAT)
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
January tax receipts down 6pc at Ksh.111.3B
By Kepha Muiruri, 1543, February 19, 2021 (EAT)
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
BAT profit rises by 41pc to Ksh.5.5B on lower costs, taxes
By Kepha Muiruri, 1728, February 18, 2021 (EAT)
BAT Kenya has announced a 41 per cent growth in profit for the year ended December 31, 2020 to Ksh.5.5 billion from Ksh.3.9 billion in 2019. The hi...

BAT Kenya
Central Bank of Kenya pays Treasury Ksh.5B ‘dividend’
By Kepha Muiruri, 1355, February 18, 2021 (EAT)
The Central Bank of Kenya (CBK) has transferred Ksh.5 billion to the National Treasury as its substantive dividend covering operations in the year end...

Central Bank of Kenya (CBK) , National Treasury
Shikanda blames ‘outsiders’ for inciting Leopards go-slow
By Godfrey Ashiali, 1522, February 17, 2021 (EAT)
AFC Leopards chairman Dan Shikanda has apportioned blame on ‘outsiders’ for inciting the club's players to stage the go-slow which started on Tues...

AFC Leopards
Kenya’s debt exposures expected to cut 2021 growth prospects
By Kepha Muiruri, 1516, February 17, 2021 (EAT)
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
Kenya & IMF reach agreement on Ksh.262.7 billion 3-year loan
By Kepha Muiruri, 2045, February 15, 2021 (EAT)
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, 1607, February 15, 2021 (EAT)
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
Treasury CS Ukur Yatani now goes for Ksh.124 billion Eurobond
By Kepha Muiruri, 1512, February 13, 2021 (EAT)
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, 1432, February 12, 2021 (EAT)
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
DP Ruto: County gov’ts to get additional Ksh.53.5B
By DPPS, 1442, February 10, 2021 (EAT)
County Governments will be allocated an additional Ksh53.5 billion in the 2021/2022 financial year, the Intergovernmental Budget and Economic Council ...

D.P William Ruto
KWS, Bidco pen deal to support communities living adjacent to wildlife
By Citizen Reporter, 1519, February 8, 2021 (EAT)
The Kenya Wildlife Service (KWS) and BIDCO Africa Ltd have signed a partnership that will see communities living adjacent to protected areas prone to ...

Bidco , human wildlife conflict , kws
KQ unveils cargo flights on repurposed Dreamliner craft
By Kepha Muiruri, 1520, February 8, 2021 (EAT)
National carrier Kenya Airways (KQ) is expected to operate its first fully fledged cargo flight to London on the repurposed Boeing-787 Dreamliner craf...

cargo , coronavirus , Kenya Airways (KQ)
Gov’t to borrow more to finance recurrent expenditure if BBI passes
By Sam Gituku, 1259, February 5, 2021 (EAT)
Should the Building Bridges Initiative-sponsored constitutional amendments take effect then the Kenyan government will have to effect structural chang...

BBI , National Treasury
Kenya adds Ksh.1.2T to debt stock in 2020
By Kepha Muiruri, 1549, February 1, 2021 (EAT)
Kenya added Ksh.1.2 trillion to its debt portfolio in 2020 as the country’s stock of debt hit Ksh.7.3 trillion in December from Ksh.6 trillion a yea...

coronavirus , debt
CMA eyes low costs to boost market activity
By Kepha Muiruri, 1355, January 29, 2021 (EAT)
The Capital Markets Authority (CMA) has set its sights on effecting lower transaction costs to boost trading at the Nairobi Securities Exchange (NSE)....

CMA , nse
CBK warns of a tougher and riskier economic outlook
By Kepha Muiruri, 1825, January 28, 2021 (EAT)
The Central Bank of Kenya (CBK) has warned of a much tougher and riskier economic forecast for the 2021 as the Kenyan economy wades uncertain waters. ...

Central Bank of Kenya (CBK) , Dr. Patrick Njoroge , Kenya's economy
CBK interventions lift digital banking
By Kepha Muiruri, 1726, January 26, 2021 (EAT)
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)
Treasury to borrow Ksh.1 trillion by June
By Kepha Muiruri, 1434, January 26, 2021 (EAT)
The National Treasury is expected to borrow Ksh.1 trillion in the current financial year ending on June 30, 2021 following upward adjustments to spend...

borrowing , fiscal deficit , National Treasury