Kenyan banks are expected to collect and cache cash as they report a jump in first-quarter loan-loss provisions as they try to come to terms with the aftermath of the …
Stanbic Bank Kenya has announced a profit of KSh 1.5 billion for the first quarter of 2020. The earnings were a result of increased customer deposits and a growing loan …
Remittances, usually refer to the money or goods that foreign workers in a given country send back to families and friends in their countries of origin, remittances are mostly the …
Kenyans around the country are increasingly embracing the use of energy-saving jikos with Jikokoa Xtra from Burn carrying the day in almost every homestead. According to Kenyans who are already …
Oil marketer OLA Energy (formerly OiLibya) has launched a new fuel formulation as part of its growth and rebrand strategy. The new fuel is now available in Nairobi, Mt. Kenya …
Tomato prices in Nairobi have spiked as the supply of the commodity continues to dwindle as a result of the ongoing dry spell. A sport-check in most parts of Nairobi …
National Bank of Kenya has launched new banking product, Almasi Lady, targeted mainly at Muslim women. Speaking at the launch, National Bank’s Director of Islamic Banking Mr. Musa Adan said, …
They say technology is like change. It is inevitable. It is a constant wave of change that is sweeping across the world and everyone is feeling the effect. The coming …
The electric giant company Schneider Electric has announced that it has set aside 50 million pounds that are aimed at supporting entrepreneurs in Sub-Saharan Africa. The announcement was made when …
Air France has announced that it will be resuming its flights between Paris and Nairobi after 18 years of absence. In an announcement that was made on Monday, the French-based …
A few years ago, gambling took over Kenya with a magnitude that has never been witnessed before. Every gambling firm rushed to open shop in Kenya and at one point, …
The Central Bank of Kenya has retained the lending rate for banks at 10 percent following a statement released by Monetary Policy Committee (MPC). According to the MPC’s chairman and …
Global electronic money transfer, Visa, has partnered with nine Kenyan banks to offer free domestic transactions. The move by Visa has been seen as an effort to rival the competition …
The trade expo targeting established and emerging businessmen is aimed at enhancing trade relations between Kenya and Ghana following seven key trade agreements signed between the two countries in December …
Mumias Sugar Company has been reconnected back to the national grid by Kenya Power and Lighting Company after three years of operating without KPLC due to the outstanding huge power …
The Prime Minister of the United Kingdom Theresa May has been left hanging by a thread after the British voters seemed to hammer her hard after they denied her the …
Many people think that they have a prosperous business when in the real sense they only have an expensive hobby. If you want to know whether you have a business …
Safaricom Limited has opened a fourth regional headquarter in Kisumu in a move that has been termed by the telecommunication company as aimed at enhancing service delivery. According to the …
Just days after the opposition, National Super Alliance (NASA) claimed that the ruling party, Jubilee was forcing directors of various companies to give them money for the campaign, a Legal …
Members of Parliament have called on the immediate reversal of the ban on the use of plastic bags in Kenya terming it dangerous to the economy.
There has been a lot of buzz around the just launched Standard Gauge Railway (SGR) with tongues, both from the Kenyans and their leaders have been wagging.
Thousands of politicians have come forth to seek votes from the more than 19 million Kenyan registered voters. Some say they have decided to enter into politics after hearing the …
Kenya’s current account deficit is projected to rise to 5.8 percent of the gross domestic product in 2017 from an estimated 5.3 percent in 2016 according to Dr. Patrick Njoroge, …
It has been almost a month since the Kenyan government announced a subsidized maize flour for all Kenyans but it is now emerging that most Kenyans have only managed to …
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