A Mauritian firm, Barak Asset Recovery Limited is set to obtain a 60% controlling stake in local cement producer Savannah Cement, owned by Seruji Limited. Through...
Kenya Airways is targeting to be profitable and issue dividends by 2024 in one of the most ambitious announcements by Chief executive officer Allan Kilavuka. The...
Nairobi County plans to raise capital through a Green Bond to be used to build a mass transit system and expand infrastructure in the county. This...
According to the Africa risk-reward index report 2022, Kenya is one of the countries in Africa with high public external debt levels. As of June 2022,...
Kenya’s economy will grow 5.8 percent in the financial year 2022/23 and average 6.2 percent over the medium term, the National Treasury said. The growth will...
Kenya Roads Board (KRB) mulls spending close to Sh 50 billion annually to help clear surging pending bills following an increase in revenue from fuel levy...
The Kenya Commercial Bank (KBC) has received a Ksh18 billion ($150 million) loan from the International Finance Corporation (IFC) to fund the growth of the bank’s...
Fuel, alcohol and soft drinks are set for another round of price increase as Kenya Revenue Authority (KRA) prepares to implement inflationary adjustments on various excisable...
Consumers may be headed for tougher times in the coming weeks as the Kenya Revenue Authority (KRA) lines up a tax raise on petrol as part...
Kenya plans to sign an agreement with China to end double taxation of income or gains arising from one country and paid to residents of the...