Forex reserves shrink 9.2% on Eurobond 1 payments
Country has so far floated three sovereign bonds, recent being Sh210 billion Eurobond.
VICTOR AMADALA
Business WriterBIO: Victor Amadala is an award winning journalist business with more than 500 published business and human interest feature stories. He is currently a Business Writer for the Star Newspaper, third biggest paper in Kenya www.star.co.ke , handling governance, economics, market place, money matters, building and construction, agribusiness among other topics. He has previously contributed for many established print media in Kenya and abroad including the Business Daily, Standard Newspaper, Daily Nation, KBC, VG Norway, CFO South Africa, Ebano TV in Spain among others In 2014, he scooped the prestigious African Fact Checking Journalism Award in sponsored by the AFP Foundation https://africacheck.org/how-to-fact-check/the-african-fact-checking-awards/ A Thomson Reuters New Age Media fellow, Victor is extremely passionate about developmental journalism with a view of transforming social economic fabric in the continent and across borders. He holds a diploma in journalism from the Kenya Institute of Mass Communication.
KRA revenue targets hole to widen to Sh300 billion
Treasury hoped to collect Sh1.69 trillion, but revised down to Sh1.605 trillion.
National Bank gives shareholders 14 days on KCB take-over offer
KCB intends to acquire up to 100 per cent of the ordinary shares of NBK.
Britam elects new board directors
The company did not recommend any dividend for shareholders.
'Banki' or 'Benki' ? CBK boss ends debate on currency 'typo'
Njoroge says there is no cause to worry as we have used 'banki' consistently for years.
Carrefour to open store in Uganda this year
Dubai-based operator also plans to open second store in early 2020 in Kampala.
National Bank shareholders pave way for KCB take over
Require NBK continues to operate as a separate subsidiary of KCB.
Rotich reinforces High Court’s push to scrap interest cap law
Law cap interests at 4% above Central Bank rate, failed to achieve its purpose.
Gamblers, boda boda operators worst hit in budget
Rotich proposed 10% excise duty on total winnings resulting from betting.
Team set up to speed National Bank takeover by KCB
Team is expected to mitigate transitional risks.