Kenyans asked to take up insurance against floods
Experts says a domestic cover would have helped to recover from flood effects
Kenya
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.
1d ago Kenya
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
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
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.
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Currently the taxman only has 14 old scanners which are outdated and are facing obsolesce
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.
Buyers seek affordable houses amid drop in property prices
Preference for apartments remained dominant despite recording a 14 percent quarter-on-quarter decline
Budget cuts threaten key state agencies as salaries, allowances hit
The current shortfall will reduce the total allocation of NG CDF to constituencies by Sh2.3 billion.
Ruto advocates for Sh3.3tr replenishment of African Development Fund
Highlights impact on Kenya’s development as AfDB affirms support.
Hustler Fund, forex pressure hit traditional mobile lenders in Q4
Data shows the number of new mobile loans and their value, with an exception of the Fund, decreased by 20.5% and 9.5%, ...
CIC profits up 818% to Sh1.4 billion in 2023
The performance is largely attributed to the growth in insurance revenue and improved investment income during the year
What it will take to own a vehicle in proposed tax
Taxes will consume at least 55 per cent of the total value of the vehicle