Loan default hits 18- year high
This means, banks are likely to write off Sh750 billions
Business
CBK retains base lending rate at 10.5%
- Analysts had projected it to hike the guiding rate by at least 100 basis points in an effort to stem second ...
UN embraces Kenyan MSMEs as supply volumes grow
The value of goods and services supplied by the country last year was Sh94.1bn.
KRA grants amnesty to tax returns defaulters
The taxman has also unveiled an online auction after piloting.
New valuation rule triggers rise in used car imports
Number of vessels, units being discharged at the Port of Mombasa increases.
CBK tipped to hike rate to tame inflation
The average commercial lending rate touched a 65-month high of 13.5% in July
Absa strengthens 'China Desk' to boost trade
Targets projects, trade financing and foreign exchange services among others.
Cost of living hit a 5-year high as income sunk
The consumer price index (CPI) hit 7.7%, the highest since 2018.
Kenya and S. Korea to deepen economic ties at Nairobi meet
The international conference will take place on October 4 to 6.
Small traders took highest share of IFC's Sh110bn funding to Kenya
It pumped a record ShSh1.7 trillion in 40 countries in Africa in a period to June 30.
Tough times for Streamers as Netflix, Showmax cut offerings
African continent video streaming industry is estimated to be generating Sh17.1 billion in revenues.