The threat of a global recession is growing as central banks focus on bringing down soaring inflation rates, the world bank warned Thursday, calling on governments to help boost supply …
Kenya News
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Banking, Finance & InvestmentEconomyGlobal NewsKenya News
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EconomyKenya NewsTransportation & Logisitics
Standard Gauge Railway profit grow 7.8pc to Sh7.1 billion
Cargo and passenger revenues from the Standard Gauge Railway (SGR) rose 7.8 percent to Sh7.1 billion in the six months to June, extending recovery from the global Covid-19 disruptions. The …
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EconomyEnergyKenya NewsOil & Gas
Inflation of electricity and fuel prices in Kenya hit the consumers
The energy regulator has made a U-turn and increased electricity prices by 15.7 percent, reversing the January cuts by the former President Uhuru Kenyatta administration, in what has handed consumers …
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CPF Financial Services is set to administer the Public Service Superannuation Fund after the Court of Appeal directed the fund’s Board of Trustees to honor a contract that the company …
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Banking, Finance & InvestmentEconomyKenya News
Kenya’s New President subjected a New Orders on Cash Transaction Limit
Kenya’s new President William Ruto has announced that the Central Bank of Kenya is working with banks to allow customers to increase the amount they can transact beyond the KES 1 Million …
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EconomyKenya NewsTravel & Tourism
Kenya’s Tourism Arrivals Remain Below 2019 Levels as covid-19 effect continue to linger
Kenya’s international tourism arrivals from the beginning of the year to August remained way below 2019 levels as Covid-19 effects continue to linger, new data shows. According to the data …
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BusinessFinance & ServicesKenya News
KMRC Partner with HFHI to identify factors that hinder access to housing finance in Kenya
The Kenya Mortgage Refinance Company (KMRC) has partnered with Habitat for Humanity International (HFHI) to identify factors that hinder access to housing finance in Kenya. The pact will enable the …
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AviationKenya NewsTransportation & Logisitics
Kenya Airways set to resume daily flight for the New York route in December
Kenya Airways (KQ) will resume its daily flight frequency for the New York route in December, citing a spike in forward bookings for the festive month. The airline had cut …
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BusinessFood ProductionKenya News
Alcoholic Products Worth Sh40mn was arrested by KRA at Thika Based Firm
The Kenya Revenue Authority (KRA) has nabbed alcoholic products worth Sh40 million at Thika-based Vinepack limited, in part of their measures to curb illicit brew production. The firm runs a …
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Global economists have marginally upgraded Kenya’s growth outlook for this year following the peaceful conclusion of a closely-contested presidential vote despite soaring cost of living and mounting public debt stress. …