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The force behind Uhuru’s calls for removal of interest rate caps
By Kepha Muiruri,
1201, October 19, 2019 (EAT)
President Uhuru Kenyatta’s rate interest cap repeal call to Parliament has been enforced, financial allied sector stakeholders now reckon. While ...
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Uhuru sides with banks, calls for removal of interest rate caps
By Kepha Muiruri,
2127, October 17, 2019 (EAT)
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...
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TECNO sponsors first China-Africa Mobile Internet Economy Summit
By Sponsored,
2036, October 17, 2019 (EAT)
The first China-Africa Mobile Internet Economy Summit (CAMIES) was held in Nairobi from Tuesday, October 15 to 16. The summit brought together more...
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Police DIG Kinuthia, MP Aladwa to be probed after damning Citizen TV expose
By Wangui Ngechu,
1510, October 15, 2019 (EAT)
Deputy Inspector General of Police Edward Kinuthia and Makadara MP George Aladwa are among those to be investigated after damning claims in the Citize...
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Kenyans angry over Mary Wambui’s appointment to employment authority
By Duncan Mutwiri,
1520, October 15, 2019 (EAT)
The appointment of former Othaya MP Mary Wambui to chair the National Employment Authority has elicited mixed reactions. The authority that is mand...
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Inside Treasury’s fresh public debt management strategy
By Kepha Muiruri,
1339, October 14, 2019 (EAT)
The National Assembly granted Treasury the green light to move Kenya’s borrowing ceiling to Ksh.9 trillion last Wednesday igniting the planning mini...
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Uganda plans bill imposing death penalty for gay sex
By Imani Mitchelle,
1125, October 11, 2019 (EAT)
Uganda has announced plans for a bill that will impose death penalty on gay sex. Speaking to Thomson Reuters Foundation, Ethics and Integrity Minis...
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MPs approve request to raise debt ceiling to Ksh.9 trillion
By Chemutai Goin,
1604, October 10, 2019 (EAT)
Members of Parliament on Wednesday approved a request by the National Treasury to raise the public debt ceiling to Ksh.9 trillion from Ksh.6 trillion....
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KCB seeking lessons from Safari Sevens
By Kenerickson Njeru,
1029, October 9, 2019 (EAT)
KCB RFC Sevens head coach Dennis Mwanja expects his charges to benefit from exposure when they face visiting international teams in the upcoming Safar...
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Bank mergers out do acquisitions in profitability
By Kepha Muiruri,
1854, October 8, 2019 (EAT)
The consolidation of banks through mergers has emerged as a more profitable venture in comparison to acquisitions, fresh data from the Central Bank of...
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Kenya to set up additional tax points along Ethiopia border
By Kepha Muiruri,
1636, October 7, 2019 (EAT)
Kenya is set on establishing additional One Stop Border Posts (OSBPs) along its border with Ethiopia as part of the State measures to rope in addition...
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KCB to keep National Bank of Kenya running as a separate brand
By Kepha Muiruri,
1235, October 7, 2019 (EAT)
The KCB Group is expected to keep the National Bank of Kenya (NBK) brand running on the side as a distinct brand over the long-term. The lender who...
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Jelagat, Simiyu triumph at 2019 Family Group Half Marathon
By Citizen Reporter,
1441, October 6, 2019 (EAT)
Nancy Jelagat proved her prowess destroying the field to win the Family Group Eldoret Half Marathon. Daniel Simiyu, national trials 5,000m champion, s...
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ILostMyjob: Hue and cry as Kenyan companies lay off workers
By Duncan Mutwiri,
1013, October 3, 2019 (EAT)
Wednesday's layoffs of all 400 employees at betting firm Sportpesa have opened a can of worms as Kenyans lament over university certificates gone to w...
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Garissa Governor Korane enters Ksh.500M with EU for refugee communities
By Citizen Reporter,
2048, October 1, 2019 (EAT)
The European Union (EU) has made an initial pledge of Ksh.566 million (€5 million) towards the Garissa Integrated Socio-Economic Development Plan (G...
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Lenders to cover Ksh.500K after Chase Bank, Imperial, Dubai saga
By Kepha Muiruri,
1223, October 1, 2019 (EAT)
Commercial banks will begin covering deposits for an estimated 98 percent of customers as from July next year. This follows amendments of provision...
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Treasury seeks to fix Kenya’s debt problem with new borrowing cap
By Kepha Muiruri,
1125, September 28, 2019 (EAT)
The National Treasury has set out on placing an absolute figure on Kenya’s debt accumulation with a view to better the transparency on public debt m...
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No more bench-marking trips as gov’t announces new austerity measures
By Kepha Muiruri,
1816, September 26, 2019 (EAT)
The government through the National Treasury has frozen bench-marking trips by ministries and their respective State departments in fresh austerity me...
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Kishoiyan vows to step up to Doha challenge
By Gilbert Kiprotich,
1432, September 26, 2019 (EAT)
National 400m champion Alphas Kishoiyan has promised to put on a good show in the World Championships that gets underway on Friday in Doha, Qatar. ...
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How to tell a genuine Ksh.1000 note in the new currency
By Citizen Reporter,
1717, September 26, 2019 (EAT)
The deadline for the old Ksh.1000 notes is fast approaching. The Central Bank of Kenya said the old Ksh. 1000 currency will no longer be accepted a...
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