CCI Global expands in Kenya with Sh6.6bn call centre at Tatu City
It is expected to create over 5,000 new jobs created.
Kenya
Kenya looks to China for more investments, trade
This, even as it pursues strategic deals with the US, Western markets and the gulf nations.
Hustler Fund loans rose to Sh49.5bn by March – Safaricom
According to the firm, repayment rate for the amount is 77 per cent, meaning that at least 11.4 billion is in default.
Kenyans borrowed Sh2.3 billion daily on Fuliza in 2023
The amount is enough to construct close to 3,000 standard classrooms or 460 dispensaries worth Sh5m each.
Tobacco industry opposes proposed health warnings rule
Calls for evidence-based review of tobacco laws for new product innovations.
Gulf states move to get bigger pie in Africa trade
Over the last decade, GCC countries have collectively invested over $100 billion (Sh13.2 trillion) in Africa.
Sri Lanka firm keen to control up to 20% of Kenya’s tea industry
Sri Lanka’s Browns Investments has made a move on Limuru Tea, in what could tighten its grip on the Kenyan tea industry ...
Employed landlords spared 1.5% housing levy on rental income
The law has been challenged in court several times.
Truckers irked by Mombasa County, KPA parking fees rule
The county government is also eying waste management fees from ships.
Britam urges SMEs to consider flood insurance
It has paid over Sh20 million in claims to 300 households.
NSE on rebound as investors regain trust in Kenya’s market
This is has been helped by among others, stabilisation of the Kenyan shilling.
Kenya first African country to be integrated to EU data
PS ICT and Digital Economy John Tanui who told the Star that the progress is at an advanced stage
Kenyans fail to gain from six fuel price drops as fares remain high
Matatus, SGR, boda boda and taxi fares went up when fuel prices increased.
Captain Morgan tipped to propel rum market to Sh2bn by 2028
The trend is driven by a shifting consumer preference towards premium spirits
Red Sea attacks shred Kenya's flower exports
They have also increased freight time by about 10-14 days due to re-routing through the Cape of Good Hope
Special Economic Zones on the spot over tax breaks
As of October 2023, there were 28 gazetted SEZs in Kenya.
No respite for commuters despite falling fuel prices
Pump prices have been going down since December.
Mastercard, I&M Bank extend strategic collaboration to 8 years
They continue to strengthen digital payment solutions in Kenya.
CMA to have oversight over Alternative Investment Funds
This is aligned with its investor protection mandate.
EAC outlines efforts toward elusive regional currency
The meeting was held early this month in Juba.