CBK leaves benchmark lending rate at 7 percent

By Kepha Muiruri,

The Central Bank of Kenya (CBK) has retained the benchmark lending rate at seven percent breaking the recent cycle of cuts to support the economy. ...

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

OPINION: This should be the new normal when protecting our natural capital

By Guest Writer,

By Major (Rtd) Steve Leakono Sun Tzu, one of the greatest military strategists and a renowned philosopher said that the greatest victory is that wh...

Commercial banks stock of bad loans rise to a 13.1 percent high

By Kepha Muiruri,

The quality of assets inside Kenyan banks has continued to deteriorate this year with the stock of bad loans held surging to 13.1 percent in April. ...

Central Bank of Kenya (CBK) , Kenya Bankers Association (KBA) , non-performing loans

Coronavirus is killing more men. But the lockdown is disastrous for women and their rights

By CNN,

The novel coronavirus seems to be more deadly for men. But in every other way, women are bearing the brunt of this pandemic. From a spike in domest...

coronavirus , domestic violence , GBV

Kenya COVID Fund gets Ksh.3.7B in donations

By Elphas Lagat,

The COVID-19 Emergency Response Fund Board has received donations totaling Ksh. 3.7billion. Ksh. 3.2billion was received by the committee in cash w...

coronavirus , KAM , karuku , Kenya COVID Fund

WATO: What next where livelihoods almost entirely depend on biodiversity?

By Guest Writer,

Over 190 countries adopted the Convention on Biological Diversity in 1992 as a commitment to reverse the pervasive biodiversity loss globally. Unde...

Biodiversity , International Day for Biodiversity

Tanzania says coronavirus defeated through prayer, but fears grow

By VOA,

On just one day this month, 50 Tanzanian truck drivers tested positive for the coronavirus after crossing into neighboring Kenya. Back home, their pre...

coronavirus , Tanzania

Kenya, Tanzania agree on COVID-19 testing for truck drivers without mentioning nationality of positive cases

By Citizen Reporter,

Kenya and Tanzania have struck a deal to make public data on the COVID-19 status of truck drivers without mentioning nationality of those who test pos...

coronavirus , magufuli , Tanzania

Kenya ni marafiki zetu, corona isiwe chanzo cha migogoro,’ Magufuli now says

By Tonny Ndungu,

Tanzania's President John Magufuli has said President Uhuru Kenyatta called him recently with the aim of putting to bed, an escalating border impasse ...

coronavirus

Uhuru, Treasury line up Ksh.54 billion economic rescue package

By Kepha Muiruri,

President Uhuru Kenyatta has given Treasury the green light to resubmit its ministerial budget appropriations to include a Ksh.53.7 billion economic r...

Covid-19 pandemic , National Treasury , Post Covid-19 Economic Stimulus Package (PC-ESP)

Tanzania claims COVID-19 tests on 19 drivers at Namanga were false

By Tonny Ndungu,

The Tanzanian Government has rubbished claims that 19 truck drivers from the country tested positive at the  Namanga border earlier in the week. I...

coronavirus , magufuli , Tanzania

Over 500 Italians stranded in Kenya’s Coast to be evacuated back home

By Zomolo Wanje,

The Italian Government has began evacuating its citizens who were left stranded in the Kenyan Coastal region following the coronavirus diseases outbre...

DIAZ: EAC partnership the cornerstone of post Covid-19 recovery

By Guest Writer,

Images from around the world showing flowers being dumped told of a worsening situation as the ongoing coronavirus pandemic dealt a blow to the indust...

coronavirus , EAC , economy , IMF , Namanga , TRUCK DRIVERS

Gov’t mulls resuming passenger service operations as KAA convenes meeting

By Faizal Ahmed,

The government is likely to allow airline companies to resume passenger service operations. A phased out plan indicates that the domestic passenger...

Balala , coronavirus , kq

Kenyan banks forecast drop in new loans as Covid-19 pandemic impacts sector

By Kepha Muiruri,

Local banks expect new loan accounts to shrink significantly in 2020 as the industry prices in the impact of the Covid-19 pandemic. According to a ...

coronavirus , COVID-19 , KBA

Cost of COVID-19 testing reduced to Ksh.1000 for restaurant & bar operators

By Citizen Reporter,

Tourism CS Najib Balala has announced a subsidised cost for restaurant and bar operators to have their employees tested for COVID-19. Balala said t...

Balala , coronavirus

DIAZ: Covid-19: Epoch of a new normal

By Guest Writer,

The coronavirus pandemic is the defining global health crisis of our time and the greatest challenge we have faced since World War II. Since its em...

coronavirus , COVID-19 , E-Learning , IMF , Zoom

Top banks restructure Ksh.176 billion customer loans in cushion against Covid-19

By Kepha Muiruri,

Seven of Kenya’s largest banks have restructured a combined Ksh.176 billion worth of customer loans to cushion clients against the Covid-19 pandemic...

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

Kenya receives Ksh.78 billion IMF loan to address Covid-19 pandemic

By Kepha Muiruri,

The International Monetary Fund (IMF) Executive Board approved the disbursement of Ksh.78.3 billion ($739 million) in emergency funding to Kenya on We...

Covid-19 pandemic , International Monetary Fund (IMF) , Kenya's debt

20 people rescued from sinking water bus on Lake Victoria

By George Amolo,

20 people escaped death by a whisker after they were rescued from a sinking water bus on Lake Victoria. They had been traveling from Mageta Island ...

lake victoria , Usenge