The Kenya Tourism Board (KTB) has maintained its commitment to leveraging the reach of key international and local personalities to market Kenya as a preferred and safe tourist destination across …
Eastern Africa
Mathira MP and UDA’s deputy presidential candidate Rigathi Gachagua has lost Sh202 million to the State after the High Court ruled that the money held in four accounts at Rafiki …
- AfricaBanking, Finance & InvestmentBusinessEastern AfricaNigeriaSouth AfricaSouthern AfricaWestern Africa
AFDB announces 16 job openings
African Development Bank (AfDB) has announced 16 job openings in the oraganisation for qualified individuals. The pan-African bank said applicants must be a national of one of its member countries, including …
Acorn Investment Management on Thursday announced half-year 2022 results of the Acorn Student Accommodation Development REIT (ASA D-REIT) and the Acorn Student Accommodation Income REIT (ASA I-REIT). The listed REITs together …
East African Breweries PLC (EABL) has reported Sh15.6billion in net profit for the full year ended 30 June 2022, a 124 per cent growth compared to Sh6.9billion posted in the …
- BusinessEastern AfricaEconomyUncategorized
Kenya flags betting jackpots for money laundering
by Omolaraby OmolaraThe mega jackpots paid to punters in Kenya have been flagged as possible avenues for laundering proceeds of theft, drug dealings and terrorism as the State heightens focus on the …
Turkish manufacturing conglomerate which is putting up an investment project at the Naivasha Special Economic Zone commissioned by the President on Tuesday, is set to create about 2,900 jobs locally. …
- Banking, Finance & InvestmentBusinessEastern AfricaEconomy
CBK Retains Base Lending Rate at 7.5% Per Cent as global Inflation
The Central Bank of Kenya(CBK) has retained the base lending rate at 7.5 per cent even as global inflation remains elevated. CBK raised the rate from 7 per cent in …
The Independent Electoral and Boundaries Commission (IEBC) , Kenya received the first batch of presidential ballot papers on Wednesday ahead of August 9 election. The consignment was received by Vice …
- Banking, Finance & InvestmentEastern AfricaEconomy
KCB Revises Interest Rates On Its Savings Accounts
KCB Bank has revised the annual interest rates for its savings accounts in a move that seeks to attract and retain its customers. With effect from July 1 2022, the …