Kenya

State releases Sh1.3 billion for county industrial parks

It is targeting to address challenges in the agricultural sector.

Comprehensive health coverage key in managing rising staff costs

Balancing the need to offer quality healthcare benefits with budgetary constraints requires strategic planning.

Equity Bank Group Q1 profit up 25.2 per cent to Sh16bn

Equity Group MD and CEO James Mwangi hailed the rapid growth in Uganda, Rwanda, Tanzania, DRC, and South Sudan.

Tips for developing a robust savings culture

A proactive approach to savings safeguards against unforeseen circumstances.

Kenya’s urban development underfunded – Ruto

Calls on counties increase source revenues, allocate more to urban development initiatives.

Intrepid Travel marks Kenya as part of its expansion plan

Plans to go into accommodation.

Telcos, banks targetted as state plans to raise Sh2.9tr

It has proposed a 20 per cent excise duty on mobile and bank transactions in the Finance Bill, 2024.

EAC outlines efforts toward elusive regional currency

The meeting was held early this month in Juba.

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 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.