Treasury

National Treasury to release Eurobond details next week

Treasury will release finer details of the 200 billion shillings Eurobond next week once top officials return from London. The bond listed mid this week on the London Stock Exchange caught the country by surprise...

African Universities to help AUC achieve Agenda 2063

85 universities across Africa have began working with the African Union Commission (AUC) to help the continental body in realizing its Agenda 2063 on development. The universities meeting under the banner Regional Universities Forum for...
service

Kenya, Uganda seek to deepen tourism cooperation

Kenya is working with Uganda to grow intra-country tourism and enhance their common marketing plan globally. Kenya Tourism Board (KTB) officials said Uganda is Kenya's largest tourism source market in Africa. Betty Radier, KTB's Chief Executive...

President Museveni praises Kenya for SGR progress

Kenya has been commended for completing phase one of the Standard Gauge Railway (SGR) that runs from Mombasa to Nairobi on schedule and on budget. Ugandan President Yoweri Kaguta Museveni said completion of the first...

Uhuru, Magufuli direct ministers to resolve small, vexing differences

President Uhuru Kenyatta and President John Pombe Magufuli on Friday directed their ministers to meet quickly to resolve small vexing differences between Kenya and Tanzania. The Presidents met at the Lake Victoria resort of Munyonyo,...
John Munye CS

National Oil Corporation to play key role in emerging oil and gas sector

The National Oil Corporation of Kenya will be playing a central role in the emerging oil and gas sector in Kenya. Making the announcement during a courtesy visit to the National Oil's office on Thursday,...

SACCOs encouraged to invest more on security measures

Members of the cooperative movement are being encouraged to increase their spending on cyber-security measures and training of staff since Saccos are increasingly becoming easy cyber-crime targets. This emerged during the third Sacco Leaders’...

Uchumi’s half year profit drops to Ksh900m

Listed retailer Uchumi Supermarkets has sunk into more problems, dashing a recovery plan hatched by the government, lenders and creditors. The retailer saw its half year profit drop to 900 million shillings in the...

Kenya raises two billion dollars from Eurobond

Kenya has raised two billion dollars from a Eurobond which the National Treasury attributes to a successful road show conducted with International investors, covering a wide geography. The Eurobond was oversubscribed seven times, attracting...

Artistes to benefit from enactment of Copyright Bill

The enactment of the Copyright Bill 2017 which proposes radical changes to the Copyright Act will see the country’s musicians, producers, actors, performers, film makers and creatives enjoy better revenues and accountability in as...
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