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Business

KCB Group Sets Up Kshs 800M Nakuru MSME Fund

KCB Bank has set up an Sh800 million fund to finance the revival of small businesses and cooperatives in Nakuru County hit by the Covid-19

Business

KTDA Releases Kshs3B as payment to Farmers

The Kenya Tea Development Agency (KTDA) has disbursed Sh3 billion as payment to its smallholder tea farmers. The payment is for the December 2021 green leaf deliveries

Business

Airtel Losses Hit Kshs 6B

Airtel Kenya’s losses doubled in 2020 to Sh5.9 billion even as its auditors raised the red flag on the company’s financial health. This is after

Business

Airtel, Telkom Kenya Join Safaricom on Mobile Tariff Slash Fight

Airtel Kenya, The Consumers Federation of Kenya, and Telkom Kenya have joined a case in which Safaricom has petitioned a tribunal to block the sector

Business

Equity Group to Earn Billions from Debit Card Fee

Equity Group is set to earn billions of shillings from the introduction of an annual debit card fee of Sh240. The amount is being charged

Personal Finance

Investment Goals 2022! We are Now Giving Stock Market Services For Free

With Market Cap’s new offer, customers should take advantage and learn how to invest for free and make a killing in stock trading for free.

Business

EPRA Flouts Uhuru’s Tender Order

The Energy and Petroleum Regulatory Authority (Epra) has flouted President Uhuru Kenyatta’s directive that requires all State agencies, ministries, and parastatals to publish all tenders

Business

Mini-Grid Power Suppliers Offered 50 percent Tax Allowance

Mini-Grid Power producers who sell electricity without going through the national grid have been granted a 50 percent tax allowance, This will in turn boost

Business

NSE Listed Firms Commitment to Corporate Governance Down to 67 Percent

The NSE-listed firms’ commitment to corporate governance has dropped marginally last year on delayed review of draft reports. The latest annual report by the Capital

Crypto

Cryptocurrency Scams: Why People Get Conned And How to Avoid Scammers

If you read a tweet, text, email, or get a message on social media that tells you to send cryptocurrency, it’s a scam.

Business

Kenyan Banks Report CBK to IMF Over Lending Rates

Kenyan banks executives have protested to the International Monetary Fund (IMF) over the Central Bank of Kenya’s (CBK) reluctance to approve lenders’ applications. This is

Business

Treasury to Issue Two New Eurobonds

The Treasury has announced plans to float two new Eurobonds over the next six months. These are to finance the budget and repay part of

Business

Imperial Bank Liquidation Halted by High Court

Imperial Bank liquidation has been halted by The High Court temporarily. This is after billionaire businessman Ashok Doshi and his wife Amit sued over their

Business

Kenya Airways Increases Flights to the US on High Demand

Kenya Airways has increased frequencies to the US to four a week as demand for bookings picks up KQ said it has seen an increased

Business

Equity Group to Aid Kenyans Investing in the DRC

Equity Group has announced that it will aid Kenyans investing in The Democratic Republic of Congo (DRC). The investments in the DRC will be in

Business

Treasury to Offer KQ 146B Cash Bailout

The Treasury will offer Kenya Airways a further Sh146.9 billion bailout amid delayed recovery from a travel slump. This is in financial support that will