Chinese loans to Kenya have dropped for the first time in 15 years as Beijing adopts more cautious lending in Africa where some nations have reached the limit of their …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesKenya NewsUncategorized
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BusinessEconomyFinance & ServicesKenya NewsUncategorized
Kenya Kwanza’s Hustler Fund has mutated from a grant to a savings plan with 50 percent returns
President William Ruto Thursday promised ‘Hustlers’ money as the much-touted fund mutated from a small business loans programme to a savings plan with 50 percent returns. The President said borrowers …
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BusinessEastern AfricaEconomyTechnologyUncategorized
Election jitters apply brakes on new vehicle sales
Sales of new motor vehicles dropped marginally in the nine months ended September, with the slowdown linked to the economic uncertainty in the context of the recent General Election. Formal …
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AgricultureBusinessEconomyKenya NewsUncategorized
Governor Orengo Tells Siaya Residents to embrace Agribusiness in order to boost food security
Siaya governor, James Orengo has challenged the local residents to embrace agribusiness so as to boost food security and tackle rampant poverty. Mr Orengo lamented that though the county and …
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BusinessEconomyINVESTMENTKenya NewsUncategorized
Kenya and Netherlands Sign MoU To increase Trade and investment Between The Two Countries
The Kenya Investment Authority (KenInvest) and the Netherland Business Hub (NLBH) have agreed to reinforce their collaboration towards increasing trade and investment between Kenya and the Netherlands. This has resulted …
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Kenya bought half of its imported sugar from Uganda in August, making Nairobi a leading destination for Kampala’s exports during the month. Data from the Sugar Directorate shows that Uganda …
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AgricultureBusinessEconomyEthiopiaUncategorized
Amhara Region seeks one million daily laborers to harvest 6.9million quintals
One million daily laborers are required by the West Gondar Zone, which is a part of the Amhara Region, to harvest 6.9 million quintals this month. The call comes as …
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AviationBusinessEastern AfricaUncategorized
South African Airways Returns its Operations in Kenya After 2-Year Break
South African Airways (SAA) has resumed its operations in Kenya after shutting down for the last two years. The South-African national carrier has opened a new booking office in Yaya …
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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 …
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Banking, Finance & InvestmentFinance & ServicesKenyan NewsUncategorized
KCB partner with BasiGo To Finance the Purchase Of Electric Buses
KCB Bank customers can now access financing options to purchase electric Public Service Vehicles (PSV) following a deal the bank has secured with e-mobility startup and financing company BasiGo Ltd. …