Economy

Gambia and World Bank signed a $68 million grant on Tuesday to revive the ocean-facing West African country’s tourism sector, representatives of both parties announced at a ceremony. The grant is meant …

The cost of home and office decor is set to increase as firms start passing on the new tax on imported wooden products. PG Bison Kenya Limited, dealers in interior …

FG has declared that the current financial situation of Nigeria brought about by the global COVID-19 pandemic and dwindling revenue has made the shift to Public-Private Partnerships more important than …

Four ministries are on the spot for losing motor vehicles and other transport equipment worth millions of shillings in controversial circumstances. Auditor General Nancy Gathungu has flagged the ministries of …

As once relatively wealthy Sri Lanka suffers a dire economic crisis with shortages of everything from medicines to gas, people are returning to cooking with firewood. The switch began at …

The Capital Markets Authority (CMA) has forced a US-based private equity to make a takeover offer to minority owners of Limuru Tea, including tycoon Joe Wanjui, in the wake of …

Agriculture Cabinet Secretary Peter Munya has defended the Sh2 maize import tax relief saying it is better than nothing. Speaking on the sidelines of the IGAD heads of state meeting …

Nairobi’s international financial centre has signed up three companies on the day of its launch including Prudential plc, ARC Ride Kenya and AirCarbon Exchange (ACX). Prudential, one of the world’s …

The Kenya Bureau of Standards (KEBS) has called on local manufacturers and importers to conform to the 205 new standards which have been developed targeting various products to boost their …

M-Pesa virtual Visa card is undercutting Kenya’s commercial banks with lower foreign exchange rates in the race to get a larger share of the country’s cross-border payments market. The virtual …