CA needs Sh107 billion to support digital superhighway goals
Internet subscriptions grew from 41.1 million to 49.36 million in the five years.
Kenya
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.
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Currently the taxman only has 14 old scanners which are outdated and are facing obsolesce
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
State releases Sh1.3 billion for county industrial parks
It is targeting to address challenges in the agricultural sector.
Comprehensive health coverage key in managing rising staff costs
Balancing the need to offer quality healthcare benefits with budgetary constraints requires strategic planning.
Equity Bank Group Q1 profit up 25.2 per cent to Sh16bn
Equity Group MD and CEO James Mwangi hailed the rapid growth in Uganda, Rwanda, Tanzania, DRC, and South Sudan.
Tips for developing a robust savings culture
A proactive approach to savings safeguards against unforeseen circumstances.
Kenya’s urban development underfunded – Ruto
Calls on counties increase source revenues, allocate more to urban development initiatives.
Intrepid Travel marks Kenya as part of its expansion plan
Plans to go into accommodation.
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