Business

Unit trust schemes hit 37 as CMA clears Arvocap

The collective investment scheme comprises 10 sub-funds

Kenyans asked to take up insurance against floods

Experts says a domestic cover would have helped to recover from flood effects

New car sales up on easing inflation, stronger shilling to the dollar

Also driven by sustained activities in construction, transport, agriculture and manufacturing.

Uganda wins as Kenya gives in to solo petroleum products imports

UNOC to directly import the country's refined petroleum products.

KCB and Proparco enters Sh12.4 billion green financing deal

The project is expected to maintain nearly 100,000 jobs.

Experts demand transparency on tax revenues before new changes

The tax lawyer from CDH warned of potential risks in proposed revenue measures

ICT, marketing experts team up to unlock Africa’s economy

Collaboration seeks to elevate standards of ICT and marketing

AfDB mobilises Sh287bn for Africa’s clean cooking drive

About 1.2 billion people in Africa still lack access to clean cooking facilities

Digital loans drive Coop Bank Q1 profits to Sh6.6 billion

It disbursed Sh200 million everyday via Mco-op Cash.

Digital mobilisation in Kenyan firms slow – expert

The special envoy for technology in Kenya says firms must find ways of incorporating AI for growth

Tough times loom as Red Sea attacks cut voyages by 58%

Latest data shows numbers have reduced from about 71 ships in Dec last year, to lows of 30 this month

KRA seeks more multi-million scanners for border revenue mobilisation

Currently the taxman only has 14 old scanners which are outdated and are facing obsolesce

CA needs Sh107 billion to support digital superhighway goals

Internet subscriptions grew from 41.1 million to 49.36 million in the five years.

Government admits fiscal consolidation efforts failed, budget deficit hits record high

Next year the government says it’s looking to reduce the budget deficit to 3.1 percent of the GDP.

Poor regulatory checks hurting financial market growth - experts

FX Pesa Senior Account Manager Jesse Ogola said financial literacy is not well entrenched in Kenya.

Kenya to gain as COMESA moves to help cut post-harvest losses

It targets the horticulture sector with focus on onions, avocado and potatoes.

Kenya eyes trade deal as Ruto heads to Washington

Talks on the Kenya-US trade pact have entered the fifth round this week.