Alibaba hits Ksh.3trillion in annual singles day sales event

By Citizen Reporter,

Alibaba, a Chinese e-commerce giant, brought in $30 billion (about Ksh. 3 trillion) in sales with its annual Singles Day event on Monday. The numbe...

Alibaba , singles day

Uhuru, Ruto host Lesotho leader Thabane for State banquet

By PSCU,

President Uhuru Kenyatta on Monday evening lauded the Kingdom of Lesotho for continued support of Kenya in continental and international fora. The ...

Thabane

We borrowed funds to purchase “Business Class” ticket for Olunga: Mwendwa

By Mkalla Wa Mwambodze,

Football Kenya Federation President Nick Mwendwa on Monday claimed that the association was forced to borrow cash to purchase a business class air-tic...

#milliforJadudi , Afcon qualier , air-ticket , Business Class , Egypt , Nick Mwendwa

Banks free to set higher interest rates as Uhuru approves Finance Bill

By Kepha Muiruri,

President Uhuru Kenyatta has signed into the law the Finance Bill 2019 giving nod to among other provisions, the free setting of interest rates by com...

Finance Bill 2019 , interest rate caps , KBA

MPs leave Kenyans at the mercy of banks as rate caps fall

By Kepha Muiruri,

Members of Parliament (MPs) have left Kenyans at the mercy of banks on the rate charged on new loans as the interest rate caps fall. In a chaotic v...

U.S. ignores red flags on Kenya’s debt in fixation to match China’s role

By Kepha Muiruri,

The United States government has rolled up its sleeves in a bid to match up to China’s huge infrastructure undertakings in Kenya. The newly found...

china , debt , Kyle McCarter

OPINION: Coastal cities are exposed without mangroves

By Citizen Reporter,

Two things happened on October 31, 2019, it was World Cities Day and the three-day mangrove conference ended in Lamu County - home to around 60% of th...

coastal , lamu , mangrove , Paris

IMF anxious to see jump in Kenya’s tax base

By Kepha Muiruri,

The International Monetary Fund (IMF) has pinned taxes as the central pillar to the attainment of a satisfactory fiscal consolidation program as the c...

CBK , IMF , National Treasury

Why would Chinese risk their lives to enter U.K. in back of lorry?

By Duncan Mutwiri,

The news that 39 bodies of Chinese citizens were found in a lorry container in Essex, London, sent global shock waves. As investigations continue, ...

chinese , essex

KRA quarterly collections rise by Ksh.43.2 billion

By Kepha Muiruri,

Net revenue collections by the Kenya Revenue Authority jumped by 13.1 percent to Ksh.372.3 billion in the first three months of the 2019/20 fiscal yea...

KRA , National Treasury , taxes

BWIRE: Why Nairobi light rail system is the best option

By Benjamin Muriuki,

By Victor Bwire Hey wait a minute. How does the Nairobi City urban plan look like? Is it there in the first place? While the Government, mostly...

SGR

FKF chief Otieno speaks on new role after Muthomi’s exit

By Jacob Icia,

Jacob Icia When Football Kenya Federation (FKF) chief Nick Mwendwa appointed Barry Otieno as the Communications Manager at the beginning of his tenur...

Barry Otieno , FKF

The force behind Uhuru’s calls for removal of interest rate caps

By Kepha Muiruri,

President Uhuru Kenyatta’s rate interest cap repeal call to Parliament has been enforced, financial allied sector stakeholders now reckon. While ...

interest rate caps , KRA , National Treasury , Uhuru kenyatta

President Kenyatta awards charter to Umma University

By PSCU,

President Uhuru Kenyatta on Friday awarded Charter to Umma University after the institution met requirements by the Commission for University Educatio...

Umma University

Uhuru sides with banks, calls for removal of interest rate caps

By Kepha Muiruri,

President Uhuru Kenyatta has declined to sign the Finance Bill, 2019 following the move by Members of Parliament to retain interest rate caps. In a...

CBK , interest rate caps , KBA , Uhuru kenyatta

TECNO sponsors first China-Africa Mobile Internet Economy Summit

By Sponsored,

The first China-Africa Mobile Internet Economy Summit (CAMIES) was held in Nairobi from Tuesday, October 15 to 16. The summit brought together more...

Mobile Internet Economy Summit , Tecno

Nigeria bans imports, exports across land borders

By Duncan Mutwiri,

Nigeria has closed all its land borders stopping the movement of goods except by sea. The customs agency which is in charge of the country's border...

Nigeria

President Uhuru Kenyatta to launch Nairobi-Suswa SGR line that Chinese Gov’t stopped funding

By Citizen Reporter,

President Uhuru Kenyatta is expected to launch the Nairobi-Suswa train service on Wednesday. He will commission the Standard Gauge Railway (SGR) Ph...

SGR Phase 2A , suswa train

‘Handshake is not an employing company’: Shollei, Buyu face off on morning show

By Citizen Reporter,

Women lawmakers from the two political factions Inua Mama and Embrace traded accusations over the Uhuru-Raila handshake and the Building Bridges Initi...

BBI , buyu , Embrace , handshake , inua mama , Shollei

Inside Treasury’s fresh public debt management strategy

By Kepha Muiruri,

The National Assembly granted Treasury the green light to move Kenya’s borrowing ceiling to Ksh.9 trillion last Wednesday igniting the planning mini...

IMF , Kenya's public debt , National Treasury , World Bank