France Announces Plans to Cancel Sudan’s $5 Billion Debt
[ad_1] International Monetary Fund (IMF) member countries have agreed to clear Sudan’s arrears to the institution, with France announcing p…
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Reprieve for Lake Basin Mall suspects after court suspends trial
[ad_1] Stalled multi- million Lake Basin Mall in Kisumu. (Collins Oduor, Standard) Several accused persons in the Sh4.1 billion Lake Basin …
Heineken eyes South African firm with 55pc stake in Kwal
[ad_1] Companies Heineken eyes South African firm with 55pc stake in Kwal Thursday May 20 2021 Kenya Wine Agencies Limited (KWAL) Chairman …
Afreximbank Closes Record US$1.3 billion bond
[ad_1] African Export-Import Bank (Afreximbank) has announced it successfully closed a US$1.3 billion dual tenor bond issuance, the Bank’s …
Manufacturers oppose VAT on bread products
[ad_1] Maana Lifestyle Supermarket attendant arranges bread at Luanda town in Vihiga on April 11, 2020. [Benjamin Sakwa, Standard] Bakers h…
Parliament fails to reveal Martha Koome’s wealth
[ad_1] Economy Parliament fails to reveal Martha Koome’s wealth Thursday May 20 2021 Martha Karambu Koome is Kenya’s first woman Chief Just…
Kenya’s Microfinance Institutions Embrace Technology
[ad_1] Microfinance is a relatively young industry in Kenya, despite launching in the mid-1990s.
Fired National Bank staff awarded Sh17 million
[ad_1] National Bank building in Eldoret. [Peter Ochieng, Standard] A former banker fired by his employer over an allegation that he caused…
Every adult to pay NHIF Sh6,000 in health Bill
[ad_1] Economy Every adult to pay NHIF Sh6,000 in health Bill Thursday May 20 2021 NHIF Building in Upper Hill, Nairobi.
Coop Bank’s 1st Quarter Profit Dips 4% to KSh 3.46 Billion
[ad_1] Cooperative Bank, Kenya’s fourth-largest bank by assets, has reported a 4% dip in its net profit in the first quarter of this year c…
Future bright for pension industry as RBA celebrates 20 years
[ad_1] RBA Chief Executive Officer Dr Nzomo Mutuku: Kenya has a very good retirement benefits regulatory framework that provides a safe env…
Nokia battles Kenya court order in KRA tax leak row
[ad_1] Companies Nokia battles Kenya court order in KRA tax leak row Thursday May 20 2021 Milimani Law Court.
Kakuzi explores value addition opportunities, plans to spend KSh 400 million in supporting smallholder avocado farmers
[ad_1] Kenyan listed integrated agro-business firm Kakuzi PLC has announced plans to invest more than KSh.
New online market to boost small holder farmers in EAC
[ad_1] Zadock Matara displays his fruits at Suneka market in Kisii County. The ACEA Buyer-Seller Platform aims to connect agribusiness play…
Djibouti lender acquires Uwezo Microfinance
[ad_1] Companies Djibouti lender acquires Uwezo Microfinance Thursday May 20 2021 Central Bank of Kenya.
Bamburi Cement Investors to Receive KSh1.089 Billion in Dividends
[ad_1] Bamburi Cement investors are set to receive KSh1.089 billion in dividends after the company posted impressive results in 2020.
Why you could pay Sh1,000 to use Rironi-Mau Summit road
[ad_1] A tentative toll tariff by the Kenya National Highways Authority (KeNHA) shows that owners of saloon cars will pay Sh6 per kilometre…
Fida founder on sacrifices to ‘have it all’
[ad_1] Profiles Fida founder on sacrifices to ‘have it all’ Friday May 21 2021 Lilian Mwaura, Federation of Women Lawyers (Fida) founder du…
IFC to Loan KSh5.4 Billion to I&M Bank Kenya
[ad_1] The International Finance Corporation has announced a plan to loan KSh5.4 billion ($50 million) to I&M Bank Kenya, the biggest subsi…
I built fashion house from two pairs of shoes
[ad_1] Nelson Mandela of Logical clothing. [Elvis Ogina, Standard] One crisp morning five years ago, armed with Sh500, 29-year old Nelson M…
Bliss Health Care banking on continuous innovation as it marks 10 years
[ad_1] NAIROBI, Kenya, May 20- May 2021 marked an aluminum anniversary for Bliss Healthcare Limited as they celebrated 10 years of providin…
Firms blocked from tax claims on leased cars
[ad_1] Market News Firms blocked from tax claims on leased cars Friday May 21 2021 Treasury Cabinet Secretary Ukur Yatani.
KRA Destroys Illicit Goods Worth KSh1 Billion
[ad_1] Illicit trade of fast-moving goods in Kenya has been on the rise in recent years. The trade poses unfair competition to legally trad…
Safaricom wins license to operate in Ethiopia after Sh. 864 billion proposal
[ad_1] Safaricom Ethiopia License: Safaricom has won a multi-billion bid to enter into the Ethiopian market. The win follows a Sh. 864 bill…
Ukur Yatani’s Sh6.8b Ministry of Trade plan
[ad_1] CS Ukur Yatani at The National Treasury before proceeding to Parliament Building to present the 2020/2021 Budget Statement.
Ethiopia grants telecoms licence to Safaricom-led consortium
[ad_1] ADDIS ABABA, Ethiopia, May 22 – Ethiopia has granted an operating licence to a consortium of firms including Kenya’s Safaricom, Voda…
Safaricom consortium wins Ethiopia licence bid on Sh91.8bn offer
[ad_1] News Safaricom consortium wins Ethiopia licence bid on Sh91.8bn offer Saturday May 22 2021 Safaricom headquarters on Nairobi’s Waiya…
Djibouti’s Top Bank Acquires Kenyan Microfinance Bank
[ad_1] Salaam African Bank, the leading bank by branch network in Djibouti, has acquired 100% ownership in Kenya’s Uwezo Microfinance Bank,…
How Hilda Moraa sold business idea for Sh. 100 million at age 26
[ad_1] Six years ago, Hilda Moraa, was just another broke undergraduate student. Then she decided to turn her school project into a busines…
State proposes Sh6.8b for trade docket in next budget
[ad_1] President Uhuru Kenyatta when he officially opened the 114km Garsen-Witu-Lamu road on his way to Lamu County to preside over the ope…