Kenya shilling strengthens against US Dollar

The Kenya shilling continued with its strengthening streak against the American dollar as the greenback continues to weaken. The shilling opened trading Monday on a stronger note exchanging at 100.05 against the US dollar...

SGR cargo trains frequency to be increased

The Ministry of Transport and Infrastructure is seeking to increase the Standard Gauge Railway cargo trains frequency to 12 by the end of 2018 and thereafter to 18 by the end of 2019 from...

Gov’t to launch National Water Storage and Harvesting Authority

The government is set to launch the National Water Storage and Harvesting Authority in June to harvest and store rain water. This comes in the wake of declining water levels in dams, despite the heavy...
Chinese staff paid in bricks to top up unpaid wages

China to increase development aid to Kenya

The Chinese government has committed to increase development assistance to Kenya from the current 730 billion shillings in order to help the country achieve the Big Four Agenda. This includes collaboration in the manufacturing...
African exchanges urged to fast-track integration

African exchanges urged to fast-track integration

African exchanges should fast-track integration initiatives like the capital markets infrastructure project and create a pool of skilled personnel. This will make stock markets a platform of choice for rising long-term funding for governments and the business...
Kenya's fresh produce earnings grow by 11pc

Kenya’s fresh produce earnings grow by 11pc

Kenya's earnings from fresh produce exports grew by 11 percent to Ksh 115 billion for the year ending December 2017 up from 103 billion recorded in a similar period in 2016. Cut-flower exports still lead the...

EAC to harmonize accounting curriculums

Plans are underway to rationalize and streamline accounting curriculums in the East African Community to harmonize cross boarder accounting practices. The Institute of Certified Public Accountants of Kenya says the common curriculum will open...

DP Ruto calls for listing of more private companies

Deputy President William Ruto has challenged private companies to raise money from stock exchange instead of borrowing from financial institutions.   The Deputy President said the Nairobi Securities Exchange (NSE) should do more to ensure...

Uhuru attends Commonwealth summit focusing on $2 trillion trade

President Uhuru Kenyatta Thursday joined other Heads of Government at the commonwealth leaders’ summit whose objective is to increase world prosperity. The ceremony held at the Buckingham Palace, and presided over by Queen Elizabeth II,...

World Chamber Congress to inject Ksh.30B into economy

The World Chamber Congress is expected to inject more than Ksh30 billion  into the Kenyan economy if the country succeeds in hosting the global meeting. The Kenya National Chamber of Commerce and Industry, which...
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