The government is set to borrow over Sh. 800 billion after its bid to raise debt ceiling to Sh. 10 trillion was approved by Members of Parliament.
The MPs raised the debt ceiling following a push by the National Treasury...
Kapa Oil Refineries has become the second major manufacturer to come out and reveal that it is facing possible shut down over the dollar crisis that has hit Kenya.
Kapa Oil says that it is currently operating below capacity with...
Centum Investments has sold off Sidian Bank to a Nigerian top bank. The sale is estimated to be worth Sh. 4.3 billion. Sidian Bank has been sold to Access Bank, which is the same lender that bought Transnational Bank two...
Cost of Building House in Kenya: Author Unknown: One of the most frequently asked question is “How much does a 2/3/4 bedroom house cost to construct?” Probably it’s the most answered question and perhaps caused more controversies, convergence and...
Former Microsoft Kenya boss Kendi Ntwiga has been appointed as the Global Head of Misrepresentation for Meta, the company that owns social media channels Facebook, Instagram, and WhatsApp.
Her appointment came into effect in May 2022. Ms. Ntwiga will be...
A day after announcing that it was closing its plant over dollar shortages, Pwani Oil has instructed buyers of its local products to pay in dollars. This is the latest move from the company that is facing an acute shortage...
Kenya Airways has lost an aircraft servicing license for aircraft registered in the United Kingdom from the European Union. This is after the national carrier failed the European Union Aviation Safety Agency (EASA) compliance audit.
Apparently, KQ had been asked...
Evans Kidero Wealth: It was court revelations that revealed the money behind Former Nairobi Governor Evans Kidero, who is currently aspiring to be the Governor of Homa Bay.
Revelations on his vast wealth came as part of Mr. Kidero's fight...
A fresh push has been tabled in parliament to hike beer, sim card and wine and spirits taxes. The new proposal was made on Thursday evening by Kikuyu Member of Parliament Kimani Ich'ungwah.
Ich'ungwah's proposal is seeking to raise excise...
The Co-operative Bank of Kenya has been named as East Africa’s Regional Bank of the Year. The bank was awarded during the African Banker Awards 2022 Gala Ceremony that was held at the Kempinksi Hotel in Accra, Ghana.
The event...
