The elevation of Kenya to the middle-income status saw China lock the country out of a new list of African nations that will receive a Beijing debt relief this year, …
kenya
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Banking, Finance & InvestmentEconomyKenya
kenya Bank loan bilking cross half a trillion for the first time
Bank loan defaults have crossed the half a trillion shilling mark for the first time, setting up thousands of borrowers for property seizures in an economy hit with reduced cash …
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EconomyKenyaTransportation & Logisitics
Transporters protests Kenya ban on second-hand buses, trucks
The United Kingdom has protested Kenya’s impending ban on second-hand imports of buses and trucks, fearing the embargo will cut the flow of used commercial vehicles from the European country. …
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Nairobi is set to play host to the AgroFoodpack Exhibition which seeks to boost local enterprises’ production capacity. The three-day expo set for September 2 -4 at the Sarit Centre …
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The Capital Markets Authority (CMA) has reviewed the credit rating agencies guidelines, in a bid to enhance best practices on the conduct of sovereign or company ratings in Kenya. Following …
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AgricultureEntrepreneurshipKenya News
Kakuzi Eyes and Global Berries Partnership with Driscoll’s to grow the volumes of blueberries
Kenyan-listed agri-business firm, Kakuzi PLC, has entered into a partnership with Driscoll’s, the world’s leading marketer of berries, to grow the local and export volumes of blueberries. Driscoll’s is the global …
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India has grown to become Kenya Re’s second largest source of business contributing 32 percent of its gross premiums behind Kenya’s 38 percent in the year ended December, according to …
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Banking, Finance & InvestmentEconomyKenya
Bank Of Kigali Books Sh926mn New Diaspora Customer Deposits In Four Months
Kigali Bank has booked Sh926million new customer deposits from Rwandans in diaspora within four months. The cash deposits were collected from existing and new customers following a successful marketing campaign …
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Khat exporters in Ethiopia facing a business slowdown following a new deal signed between the governments of Kenya and Somalia. Ethiopia had a comparative advantage for the last two years …
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BusinessEastern AfricaEconomy
CEO And investors In Kenya Witness Economy Improvement After Elections
Kenyans head to elections on Tuesday with business leaders upbeat about a peaceful political transition and no major disruptions to the economy, a departure from the fear of downturns associated …