Kenya

Locked Dream success but work hard to actualise it

•Once you are done dreaming about success, roll up your sleeves and go to work •If you think success and spend time ...

SMEs in Northern Kenya get Sh2bn via USAID micro-lending plan

It will benefit over 9000 small and micro enterprises in the region

Kenya to host global green energy meeting

An estimated 400 delegates and industry players from 37 countries are set to converge for a 3-day event in Nairobi.

Shilling to drop further as state extends oil deal with Gulf firms

The three firms first won tenders for the contracts in March.

CMA directs brokers to disclose trading data with investors

This is meant to prohibit  fraud and taking advantage of investors' ignorance.

Locked Weak shilling push up Kenya's foreign debt by Sh1.2tn in a year

This means the external debt value could rise to Sh5.67 trillion by December this year.

Korea announces Sh34 billion investment at Konza

The investment cost has been subdivided into three categories

CMA okays Islamic bond for affordable housing

The bonds will raise Sh3 billion with the primary aim of developing 3,069 institutional housing units.

Only three counties met own source revenue targets – Treasury

County governments only met 65.9 percent of their revenue collection target

Digital ad spend to surpass TV, print in 2026 - PwC

Online advertising is expected to stand at Sh63.11 billion in the next three years.

KRA will hit Sh2.768tn revenue target - Wattanga

The taxman is implementing both tax administrative measures and tax policy reforms to achieve this target

JamboPay, PesaLink partner to grow banking services

Both JamboPay and Pesalink are regulated by the Central Bank of Kenya.

Naivas risks Sh5 million fine in data breach probe

The reported data breach at Naivas resulted in the exfiltration of 611GB of personal data.

BMW X7 now in Kenya, going for Sh28 million

The process of custom fitting the vehicle will take 4 to 6 months

Chiloba dismisses CA mortgage impropriety claims

The audit board at the communications body want him and nine other top officials repay and prosecuted.

Makini School to pay Sh7.2m in acquisition case

This is on grounds that the school had breached the acquisition laws under the Competition Act.

KLM bullish on growth, expects full recovery by 2024

In H1 2023 the group saw its net income grow by 88 per cent to Sh96.04 billion