Kenya’s dollar-denominated debt hit 69.3 percent of the country’s external debt in October, exposing the taxpayers to higher financing costs due to the sharp depreciation of...
Electric vehicle taxi company Nopea ride has announced plans to exit the Kenyan market. The company in a statement issued on Tuesday said that it had...
The National Treasury is planning to swap Sh87.8 billion worth of short-term debt with longer-term debt to create breathing space and fund its operations in a...
Popular Toyota car models including Probox, Succeed, Passo and Fielder dominate the list of an estimated 443 vehicles set to be auctioned by the Kenya Revenue...
The Kenya Commercial Bank (KCB) yesterday reopened the auction of Nyeri’s exemplary White Rhino Hotel over a Sh670 million debt after the High Court dismissed an...
Pilots employed by Kenya Airways have issued a strike notice to kick off tomorrow at 6am. The pilots say KQ management has not made any meaningful attempt to...
Flag carrier airline Kenya Airways (KQ) has unlocked Sh2.5 billion in annual savings starting next year after negotiating lower charges on a leased fleet of aircraft....
State owned Universities solicit for a Sh2.4 billion World Bank bailout to moderate a severe cash crisis that is threatening to ground their operations. The Universities...
Flag carrier airline Kenya Airways (KQ) plans to fully pay the Sh6.5 billion backlog in deferred salaries by next year in an effort to diffuse...
Kenya’s debt service costs stand out to cross the Sh1 trillion mark this financial year and double to Sh2.1 trillion in four years, forecast by the...