Relaxed curfews lift private sector activity in June

By Kepha Muiruri,

The relaxation of restriction measures including an ease to set curfew hours saw a lift in private sector activity across June as both demand and sale...

COVID-19 , private sector activity , Stanbic Bank PMI

Oil falls below Ksh.4,583 a barrel on virus fears, still heads for weekly gain

By Reuters,

Oil fell below $43 ( Ksh.4,583) a barrel on Friday as a resurgence of coronavirus cases raised concern that fuel demand growth could stall, although c...

barrel , coronavirus , oil prices

Local firms’ foresee an economic rebound on further restrictions ease

By Kepha Muiruri,

Local enterprises foresee a potential economic rebound should government further ease restriction measures to contain the COVID-19 pandemic. As the...

Central Bank of Kenya (CBK) , COVID-19 , Kenya's economy

Chinese boss gets attempted murder charge for shooting two black employees

By CNN,

The shooting of two Zimbabwean workers by a Chinese boss shows the "systematic and widespread" abuse that locals face in Chinese mining operations, sa...

attempted murder , chinese , Zimbabwe

BWIRE: COVID-19 – Kenya not yet out of the woods

By Victor Bwire,

It is good to acknowledge that measures taken to mitigate the effects of the COVID-19 pandemic are well and expertly intentioned, but they have been s...

coronavirus , COVID-19

OPINION: COVID-19 crisis presents opportunity for Kenya to rethink

By Guest Writer,

By Allan Chesang Disruption. That is probably the most (mis)used word of the quarter - and rightfully so. I bet we can all agree that with a...

OPINION: COVID-19 crisis presents opportunity for Kenya to rethink

By Guest Writer,

By Allan Chesang Disruption. That is probably the most (mis)used word of the quarter - and rightfully so. I bet we can all agree that with a...

‘It would be foolish to say the worst is behind us,’ CBK Governor Njoroge says on economy

By Kepha Muiruri,

The Central Bank of Kenya (CBK) has remained pragmatic on economic prospects to Kenyans this year even as the green light flashes on a potential recov...

Central Bank of Kenya (CBK) , coronavirus , COVID-19 , Kenya's economy

Bank relief on loan repayment rises as credit restructures hit Ksh.680 billion

By Kepha Muiruri,

The relief by commercial banks on loan repayments to customers has risen significantly as loan restructures hit Ksh.679.6 billion. The new figure r...

Central Bank of Kenya (CBK) , Kenya Bankers Association (KBA) , loan relief

CBK holds the benchmark lending rate at 7 percent

By Kepha Muiruri,

The Central Bank of Kenya (CBK) has held its benchmark lending rate for the second time at seven percent, noting continued policy transmission on rece...

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

Eyes on new-loans growth as CBK stages rate meeting

By Kepha Muiruri,

The focus of the Central Bank of Kenya (CBK) is expected to be on the growth of loans to Kenyans when it hosts its policy setting meeting on Thursday....

Central Bank of Kenya (CBK) , government borrowing , private sector credit

ITU 2020 guidelines on Child Online Protection (COP) respond to new challenges in digital landscape

By Citizen Reporter,

The International Telecommunication Union (ITU) has launched its new 2020 Guidelines on Child Online Protection (COP). This is a comprehensive set ...

Child Online Protection , ITU , online learning

Government waives airline landing fees in industry turn-around boost

By Kepha Muiruri,

The government has lifted landing fees charged to airlines as part of incentives to support the industry’s turnaround as it emerges from depths of C...

airlines , COVID-19 , Ministry of Tourism

Beryl Okumu to chair the Governing Council of Kenya Water Institute

By Citizen Reporter,

Beryl Okumu has been appointed as the chairperson of the Governing Council of Kenya Water Institute. In a Gazette notice dated June 19, 2020, Water...

beryl okumu , Governing Council of Kenya Water Institute

TECNO, UNHCR to support education for African refugee children

By Citizen Reporter,

Leading smartphone brand TECNO has announced a new partnership with the United Nations High Commissioner for Refugees (UNHCR) that will provide qualit...

Tecno , UNHCR

Treasury ends annual local borrowing program on a high, raises Ksh.49 billion

By Kepha Muiruri,

The National Treasury has closed its local borrowing program for the year ending June 30 on a high, raising Ksh.49.3 billion against a target of Ksh.4...

Central Bank of Kenya (CBK) , domestic borrowing , National Treasury

60 percent of local businesses to cut jobs in 2020

By Kepha Muiruri,

A majority 60 percent of local firms will cut jobs this year owing to the hardships brought forward by the COVID-19 pandemic. According to the Cent...

Central Bank of Kenya (CBK) , unemployment in Kenya

DIAZ: 2020/2021 Kenya budget a short in the arm for local industry in advent of COVID-19

By Guest Writer,

In spite of having featured as one of the four thematic development pillars for Kenya over the medium, manufacturing has been seen by many observers t...

budget , coronavirus , kicotec , PPEs

Let’s Leverage on innovative potential of our youth in Covid-19 fight, President Kenyatta urges African counterparts

By PSCU,

President Uhuru Kenyatta has challenged his African counterparts to tap into the innovative abilities of the continent's youth as they roll out Covid-...

coronavirus , President Uhuru Kenyatta

Banks extend cushioning to customers as loan restructures hit Ksh.360 billion

By Kepha Muiruri,

Commercial bank loan restructures to cushion borrowers against the Covid-19 pandemic have increased to top Ksh.360 billion. In his maiden budget st...

Central Bank of Kenya (CBK) , Covid-19 pandemic , non-performing loans