Business

UN embraces Kenyan MSMEs as supply volumes grow

The value of goods and services supplied by the country last year was Sh94.1bn.

Sarova Hotels acquire Nanyuki based Maiyan Luxury Resort

This becomes the ninth property under the hotel chain in Kenya.

KQ eyeing wider EU market in Interline agreement with airBaltic

Kenya Airways will be looking to leverage on national carrier of Latvia’s to access more than 70 destinations.

Moodys gives EADB 'stable outlook' score card

The grading means the bank has acceptable ability to repay short term debt.

KRA grants amnesty to tax returns defaulters

The taxman has also unveiled an online auction after piloting.

Locked New valuation rule triggers rise in used car imports

Number of vessels, units being discharged at the Port of Mombasa increases.

Locked CBK tipped to hike rate to tame inflation

The average commercial lending rate touched a 65-month high of 13.5% in July

Sidian gets Sh1.5bn loan boost for women traders

Lender plans to allocate a minimum of 30 per cent to women entrepreneurs.

Kenya among top countries set for hospitality investments boost

Hilton still leads in regard to projects that are on the pipeline with 28 hotels.

Absa strengthens 'China Desk' to boost trade

Targets projects, trade financing and foreign exchange services among others.

Djibouti calls for a fair global financial system

The country was forced to suspend a debt payment to China of nearly $1.4 billion

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.

Tailored credit solutions still a challenge facing SMEs – Somo

Country-specific regulatory frameworks also create additional barriers for enterprises.

Farmer on Fire links with Founders Connect to upskill young farmers

Some of the farming aspects to be trained on include vegetable farming,  mushroom production, chicken farming and goat ...

Quack architects dominate despite potential in greener cities

Africans living in cities to increase by about 60% in 2050.

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.