South African retail giant Massmart, which operates the Game Stores, plans to shut down its three outlets in Kenya, after rival supermarkets snubbed sale offers, giving a new dimension to …
Kenya News
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- AviationBusinessEconomyKenya NewsTransportation & Logisitics
KQ Defends Its Aircraft Leasing commercial business agreements
Kenya Airways (KQ) has said that its’ aircraft leasing agreements have saved it billions of shillings in maintenance and operations costs. The national carrier said in a statement that leasing contracts …
- Banking, Finance & InvestmentEconomyKenya NewsUncategorized
World Bank backs new push for debt restructuring amid Eurobond freeze
The World Bank has backed a push for countries like Kenya, which have been unable to borrow from international loan markets due to high-interest rates, to restructure their debts. The …
- EnergyFinance & ServicesKenya News
Kenya Power introduces Self-Reading Of Meters to enhance satisfaction among their customers
Kenya Power is targeting to increase the number of postpaid customers reading their own meters in a bid to address billing complaints. The energy utility firm intends to increase the …
- AgricultureBusinessEconomyKenya News
Climate change may drastically affect coffee production in Kenya this year
Extreme weather patterns as a result of global climate change may drastically affect coffee production in the country this year. According to experts, the patterns, ranging from Inadequate rainfall to …
- Banking, Finance & InvestmentBusinessFinance & ServicesKenya News
Customers panicking as First Community Bank limits heavy withdrawing Funds in Kenya
Shariah-compliant First Community Bank customers are unable to withdraw their monies as the bank limits heavy drawings occasioned by panicking customers. A spot-check by Capital Business in the Bank’s branches along Wabera …
- Banking, Finance & InvestmentBusinessEconomyKenya NewsUncategorized
Ecobank Kenya introduces Ellevate Program To Empower Women Entrepreneurs
Ecobank Kenya has launched a flagship program that aims to empower and support women-led businesses. Dubbed ‘Ellevate’, the program is designed for businesses owned by women, businesses managed by women, …
- BusinessEconomyInsuranceKenya News
KenTrade Targets Insurance Companies’ Systems Integration to upgrade maritime Trade
Kenya Trade Network Agency(KenTrade) has embarked on a sensitization programme targeting insurance companies aiming at onboarding them in the Trade Facilitation Program(TFP) in a bid to enhance efficiency in maritime …
- BusinessEconomyFinance & ServicesKenya News
Ruto pledges to introduce a wealth tax on tycoons to raise cash for national budget
President William Ruto has revived a proposal to impose higher taxes on Kenya’s super-rich and high-income earners, endorsing the introduction of a wealth tax that failed to sail through Parliament …
- BusinessEconomyINVESTMENTKenya News
Sustainable Investment In Kenya is projected to hit Sh2.3trn by 2030
The value of retail sustainable investment holdings in Kenya is projected to climb to Sh2.3 trillion ($19 billion) by 2030 on higher capital flows into tackling food insecurity, climate change …