AfDB mobilises Sh287bn for Africa’s clean cooking drive
About 1.2 billion people in Africa still lack access to clean cooking facilities
Business
Digital loans drive Coop Bank Q1 profits to Sh6.6 billion
It disbursed Sh200 million everyday via Mco-op Cash.
Digital mobilisation in Kenyan firms slow – expert
The special envoy for technology in Kenya says firms must find ways of incorporating AI for growth
Tough times loom as Red Sea attacks cut voyages by 58%
Latest data shows numbers have reduced from about 71 ships in Dec last year, to lows of 30 this month
KRA seeks more multi-million scanners for border revenue mobilisation
Currently the taxman only has 14 old scanners which are outdated and are facing obsolesce
CA needs Sh107 billion to support digital superhighway goals
Internet subscriptions grew from 41.1 million to 49.36 million in the five years.
Government admits fiscal consolidation efforts failed, budget deficit hits record high
Next year the government says it’s looking to reduce the budget deficit to 3.1 percent of the GDP.
Poor regulatory checks hurting financial market growth - experts
FX Pesa Senior Account Manager Jesse Ogola said financial literacy is not well entrenched in Kenya.
Kenya to gain as COMESA moves to help cut post-harvest losses
It targets the horticulture sector with focus on onions, avocado and potatoes.
Kenya eyes trade deal as Ruto heads to Washington
Talks on the Kenya-US trade pact have entered the fifth round this week.
Buyers seek affordable houses amid drop in property prices
Preference for apartments remained dominant despite recording a 14 percent quarter-on-quarter decline
Budget cuts threaten key state agencies as salaries, allowances hit
The current shortfall will reduce the total allocation of NG CDF to constituencies by Sh2.3 billion.
Ruto advocates for Sh3.3tr replenishment of African Development Fund
Highlights impact on Kenya’s development as AfDB affirms support.
Hustler Fund, forex pressure hit traditional mobile lenders in Q4
Data shows the number of new mobile loans and their value, with an exception of the Fund, decreased by 20.5% and 9.5%, ...
CIC profits up 818% to Sh1.4 billion in 2023
The performance is largely attributed to the growth in insurance revenue and improved investment income during the year
Kenya's tourism sector survives floods with only Maasai Mara hit
CS Alfred Mutua, sector players say no major impact.
Time for lenders to step up Agribusiness financing
Loan accounts to the sector stood at 0.9% of the total loan portfolio.
Global Risk managers' board target Kenya in expansion drive
IRM qualifications hold significant importance for risk managers and companies.
2d ago Kenya
Bolt unveils new ride category to support flood victims
It has issued an initial contribution of Sh5 million, with a goal of raising Sh10 million in total
ICT, marketing experts team up to unlock Africa’s economy
Collaboration seeks to elevate standards of ICT and marketing