Commercial banks are now charging large companies higher interest rates on loans compared to start-ups and individual borrowers, new data from the Central Bank of Kenya...
Cooper Motor Corporation (CMC) Motors has lost the Renault truck dealership to Caetano Kenya. Caetano’s Managing Director says the company has been appointed as the dealer...
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...
The Capital Markets Authority (CMA) has advised the Government to use a shell company to issue a bond to enable Kenya clear Sh500 billion in pending...
Kenya Private Sector Alliance (Kepsa) has launched an entrepreneurship programme expected to harmonise all youth employment initiatives to create at least one million jobs per annum. ...
The Petroleum ministry plans to fix specific prices of petroleum products during emergencies or difficult situations in proposed changes aimed at protecting consumers against overzealous marketers....
The government is planning to raise Sh 60 billion from the sale of a 14-year bond to fund infrastructure projects in the current fiscal year amid...
Sistema Bio a biogas equipment company has acquired Sh1.2 billion ($10 million) from American impact business firm Native to start up a carbon biogas programme in...
Former President Uhuru Kenyatta’s last budget while in office had a Sh32 billion ‘budget discrepancy’, the first negative deviation in more than seven years. The latest...
Micro, Small and Medium enterprises (MSMEs) can now tap affordable capital to expand operations after the regulator gazetted the Capital Markets Investment-Based Crowdfunding Regulations of 2022....