Kenya

CIC net profits up 64 percent to Sh1.1 billion

Operating and other expenses also grew from Sh4.7 to 5.5 billion in 2022.

Number of working-poor in Sub Saharan Africa rises to 251m

87.3 per cent of the employed population in the region were in informal employment in 2022

Kenya goes for Sh1.3 trillion UK trade deals

Kenya Investment Authority has packaged bankable investment opportunities worth Sh. 2.3 trillion

Ministry taps Sacco’s to grow affordable housing uptake

Plan includes inclusion of Sacco's as beneficiaries of the mortgage relief Income Tax provisions.

Locked Telkom yet to be transferred to state despite Sh6.1bn payout

Kenya bought 60% stake from Helio's Jamhuri Holdings in the dying minutes of the last regime

Kakuzi full-year 2022 profit up 62%

Posts Sh845.8 million net earnings.

Lufthansa increases flights to Nairobi

Move comes as global travel continues its recovery in the post-pandemic era

M-Pesa among most loved brands by women in Kenya

Safaricom and Aitel were the most favorite brands

Food prices could ease as wheat imports arrive

Shipment supported by WFP, United Kingdom, Norway, Belgium, Netherlands, Switzerland, Italy, Slovenia and Czech Republic

Locked Kenya Power to refinance Sh6 billion debt as dollar shortage bites

The Powerman is the second highest consumer of foreign currency in the country after oil marketers.

Locked NSE remains in red as Azimio demos kick off

The bear run is expected to ease in coming days as the global financial market softens

Costly digital technologies denying Africa economic benefits – World Bank

Kenya and South Africa spearheading 5G network.

Boost for Kenya's FX as Pakistan makes key tea decision

The Asian country accounts for more than 38% of exports.

Kenya’s forex reserves dip further, piles pressure on shilling

The reserves have dipped for the seventh time in a row since it breached the statutory requirement in January

Faulu targets farmers with Sh1.5 billion loan

Rising input prices, climate change and limited market access have left  farmers struggling to meet planting expenses

Top central banks unite to quell global dollar shortage

The daily operations will continue for at least through the end of April.

Transcentury reopens rights issue after conversion nod

94.7 percent of votes cast approved the resolution.