The government has lifted the ban on Genetically Modified Crops following a Cabinet meeting chaired by President William Ruto. Consequently, the Cabinet approved the cultivation and importation of White GMO …
EAST AFRICA
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KEBS Reassures Kenyans that Edible Oils And Fats In The Market Are Safe for consumption
The Kenya Bureau of Standards (KEBS) has assured Kenyans that the edible oils and fats in the market are safe for use except for specific batches it had listed on …
- Banking, Finance & InvestmentEastern AfricaEconomy
CBK under pressure from Wealthy investors and financiers to increase the cost of government borrowing rates
Wealthy investors and financiers like banks and pension schemes are putting pressure on the Central Bank of Kenya (CBK) to increase the cost of government borrowing as global hikes in …
Tea prices at the weekly Mombasa auction rose slightly this week amid an increase in the volumes traded. At this week’s auction, a kilo averaged USD2.25(Sh271.35) up from USD2.24(Sh270.14) last …
- Eastern AfricaEconomyEducation
Haco Partners With University of Nairobi To Offer Industrial attachment opportunities to their student
Haco Industries has signed a Memorandum of Understanding with the University of Nairobi (UoN) Department of Chemistry that will see students from the varsity get industry training. The university will …
The High Court has stopped the use of the SportPesa brand in Kenya’s gaming business amid shareholder fights in a ruling that deals a blow to Milestone Games Ltd that …
Tea prices at the weekly Mombasa auction dipped slightly this week amid decreased demand for the commodity. At this week’s auction, a kilo averaged USD2.24(Sh269.92) down from USD2.28(Sh274.74) last week. …
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Safaricom partners with NCPWD to connect people with disabilities with job opportunities
Safaricom has partnered with the National Council of Persons with Disabilities(NCPWD) to connect persons with disabilities with job opportunities through an online portal. The portal, powered by IT service provider …
- Banking, Finance & InvestmentEastern AfricaEconomy
CRB reforms lined up to lower the cost of loan for micro and small businesses
The new administration has announced plans to reform the credit information sharing system in a bid to lower the cost of loans for micro and small businesses. President William Ruto …
Equity Bank will inherit over 20,000 depositors and 3,700 loan customers in the teachers-owned Spire Bank by November after signing a buyout deal that will see Mwalimu Sacco pay Sh1.7 …