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 NewsUncategorizedKenya Kwanza’s Hustler Fund has mutated from a grant to a savings plan with 50 percent returnsPresident 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 AfricaEconomyTechnologyUncategorizedElection jitters apply brakes on new vehicle salesSales 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 NewsUncategorizedGovernor Orengo Tells Siaya Residents to embrace Agribusiness in order to boost food securitySiaya 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 NewsUncategorizedKenya and Netherlands Sign MoU To increase Trade and investment Between The Two CountriesThe 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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    AgricultureBusinessEconomyEthiopiaUncategorizedAmhara Region seeks one million daily laborers to harvest 6.9million quintalsOne 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 AfricaUncategorizedSouth African Airways Returns its Operations in Kenya After 2-Year BreakSouth 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 NewsUncategorizedWorld Bank backs new push for debt restructuring amid Eurobond freezeThe 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 NewsUncategorizedKCB partner with BasiGo To Finance the Purchase Of Electric BusesKCB 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. …