Stanbic Bank Kenya announces Ksh.3.6B profit after tax

By Citizen Reporter,

Stanbic Bank Kenya has announced a Ksh. 3.6 billion after-tax profit for the period ended September 30, 2020 underpinned by solid balance sheet growth...

stanbic

CBK leaves the benchmark rate unchanged at 7% for the fifth time

By Kepha Muiruri,

The Central Bank of Kenya (CBK) has left the benchmark lending rate unchanged at seven percent for the fifth straight time following its policy meetin...

Central Bank of Kenya (CBK) , Central Bank Rate (CBR)

Kenya lowers 2020 growth projection, sees rebound next year

By Reuters,

Kenya has lowered this year’s economic growth projection because the first half turned out worse than expected, but growth is expected to rebound in...

coronavirus

CS Balala ties up tourism recovery to vaccine hopes

By Kepha Muiruri,

Tourism Cabinet Secretary Najib Balala has tied up the recovery of the industry to the eventual approval and rollout of a vaccine to pin down the spre...

COVID-19 , CS Najob Balala , Tourism in Kenya

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

13% of businesses shut during COVID-19 pandemic yet to reopen: KEPSA

By Kepha Muiruri,

13 per cent of businesses shutdown during the COVID-19 pandemic or an equivalent one enterprise for every ten shut are yet to resume operations. Th...

coronavirus , COVID-19 , jobs , KEPSA

Vision 2030 still on course despite COVID-19 adversities- Agency

By Faizal Ahmed,

With 10 years to go to the 2030 deadline, the secretariat charged with delivering vision 2030 flagship project insist that they are still on course de...

Investors in publicly listed firms at NSE set for barren dividends season

By Kepha Muiruri,

Investors in publicly listed firms at the Nairobi Securities Exchange (NSE) are set for barren dividends returns for the year as companies continue to...

dividends , nse , profits

Absa Bank nine month profit falls by 66 per cent

By Kepha Muiruri,

Absa Bank Kenya PLC has reported a 66.1 per cent profit wipe out in nine months to September to Ksh.1.9 billion from Ksh.5.6 billion last year. The...

Absa

Gov’t rolls out first comprehensive insurance cover for civil servants, NYS

By Citizen Reporter,

The Government has rolled out Kenya's first comprehensive insurance cover for civil servants and the National Youth Service (NYS). National Treasur...

insurance cover , NHIF , NYS , Yatani

Gov’t expands staff training on digital skills to enhance digitization efforts

By Citizen Reporter,

A total of 784 civil servants on Wednesday graduated after successfully completing a one-week ICT training organized by Huawei in collaboration with t...

Africa spared worst of pandemic by ‘coordinated, collaborative’ approach

By VOA,

As COVID-19 infections soar in the United States, the African continent is bracing for a smaller surge, defying predictions that it would be hardest h...

coronavirus , south africa

OPINION: From Survive to Thrive; working together for a better Africa

By Guest Writer,

By Chen Lei Technology is getting us through the pandemic, and technology can also drive our continent’s recovery in the post-pandemic era, w...

New FAO Kenya boss Carla Mucavi takes office

By Citizen Reporter,

The newly appointed Food and Agriculture (FAO) Representative to Kenya Carla Elisa Luis Mucavi has taken office. On Monday, she was welcomed by the A...

OPINION: The seismic economic effects of coronavirus

By Rachel Ombaka,

Every day, the Ministry of Health provides us with COVID-19 statistics detailing new cases and deaths. For many of us this exercise has even become...

coronavirus , Oxfam , social protection

Before Biden inauguration, 70,000 more could die from COVID-19 in the U.S.

By Reuters,

U.S. President-elect Joe Biden has pledged to make controlling the coronavirus a top priority and is likely to push for mask wearing mandates and more...

coronavirus t , COVID-19 , Joe Biden , President Donald Trump

Kenyan economy projected to see V-shaped recovery trend

By Kepha Muiruri,

The Kenyan economy has been projected to see a V-shaped recovery trend as it re-emerges from the depths of the COVID-19 pandemic. This is according...

COVID-19 , economy , Genghis Capital , NCBA

OPINION: Isolated poverty: Africa bearing burden of climate change in the Commonwealth

By Guest Writer,

By Mohamed Adow There is no region that is as badly affected by climate change like Africa. Whether it is droughts in the Sahel, coastal storms lik...

africa , CLIMATE CHANGE , Commonwealth , COVID-19 , Emmanuel Macron

Former Ghanian President Jerry Rawlings dies at 73

By Reuters,

Jerry Rawlings, who seized power twice in military coups but is now regarded as a driving force behind Ghana’s emergence as a stable democracy, died...

Ghana , Jerry Rawlings

Highlights from President Kenyatta’s State of the Nation Address

By Benjamin Muriuki,

President Uhuru Kenyatta has sought to reassure Kenyans that the State of the Nation is strong despite the economic disruptions brought about by the C...

President Uhuru Kenyatta