The Cooperative Bank has this year sponsored 655 needy students to join Form One. This has been achieved through the bank’s scholarship scheme which is popularly known as the Co-operative Bank Foundation Scholarship Scheme.
These latest scholarship have brought the...
The Central Bank of Kenya (CBK) has said that the introduction of interest rates has affected the economy badly.
Speaking at a briefing in Nairobi, Governor Patrick Njoroge said the controls that have resulted in a credit crunch as banks...
The port of Mombasa is set to get a Dubai-like vehicles free trade zone popularly known as FTZ.
An FTZ is a re-export gateway where goods in transit are temporarily stored to avoid strict customs regulations and lengthy administrative procedures.
The 1,000-acre Mombasa re-export...
Bidco Africa has ventured into the soft drinks market with the launching of a new juice product dubbed Suntop juices. This product was launched yesterday in conjunction with CO-RO, a provider of fruit juices base in Denmark.
The launch was made...
A plot of land at Tatu City real estate in Kiambu is now selling at Sh. 5.2 million. This is after the price of a quarter an acre at the area jumped by nearly a third to Sh. 10.5 million.
Over...
Kenyans will soon be able to send and receive money across networks in real time.
The Communications Authority of Kenya (CA) said mobile money operators would today start implementing mobile money interoperability, enabling users to make money transfers across networks.
“One...
The Nairobi Securities Exchange has emerged as the fifth best stock market in Africa. The ranking has come in a report on the state of securities markets by Barclays Africa Group.
This saw the local bourse beat former securities giants...
Kenyans will now be able to borrow and lend each other shares on the Nairobi Securities Exchange (NSE) from June this year.
This follows the installment of an upgrade system that will facilitate this new investment feature. The upgrade will...
Cabinet Secretary for Information, Communication, and Technology Joe Mucheru has revealed that he had invested in bitcoin and reaped hugely.
"I exited and I am not complaining,” he said during the opening of the Nairobi Innovation Week.
He added that the ministry is...
Kenya is set to record a gross domestic product (GDP) growth of over 5 per cent this year. This is according to a newly released economic projection report. The gross domestic product (GDP) represents the total value of goods and...
