Following the receipt of a Sh139.3 billion ($1 billion) World Bank loan, Kenya’s foreign exchange reserves have increased above the necessary level of four months of...
Patrick Njoroge, the departing governor of the Central Bank of Kenya (CBK), has cautioned that the government will have a difficult time meeting its borrowing goals...
The World Bank has warned that the proposed tax changes in the Finance Bill 2023 will have a negative impact on households’ ability to make purchases...
In its proposed stock-based compensation plan, Equity Group employees, including its top executives, will purchase shares at a reduced rate of 50 cents. With the company’s...
In an effort to increase their already slim profit margins, oil marketers have petitioned Parliament to be exempt from the two percent withholding tax on their...
Kenya Electricity Generating Company (KenGen) has paid Sh1.4 billion in dividends to the National Treasury for the fiscal year that ended in June 2021. The payment was...
To stabilize their deteriorating cash flow, oil marketers have proposed to the Treasury turning billions of shillings in fuel subsidy arrears into an interest-earning debt instrument...
The Central Bank of Kenya (CBK) initially blocked the product that is anticipated to upend the mobile loans market but has now approved a Safaricom-backed zero-interest...
If the Cabinet approves a restructuring plan that includes financial bailouts from the Treasury, it will take at least three years for the Kenya Broadcasting Corporation...
The market capitalisation of the Nairobi Securities Exchange (NSE) reached Sh1.65 trillion yesterday, an increase of 15%, following a successful week as evidenced by the growth...