President Uhuru to soon pronounce on banking bill

By Caroline Kamau The president will make a substantive decision within the time frame specified to him by law regarding the banking bill. According to statehouse...

CBK says it has enough Forex reserves to endure possible Brexit

By Reuters. Kenya's central bank has enough foreign exchange reserves and funds available from an IMF standby facility to weather any fallout from a British...

Abu Dhabi Global Market and CMA Kenya sign cooperation agreement

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and the Capital Markets Authority (CMA) Kenya have signed a Cooperation Agreement...
Political uncertainty

ICDC to offer low cost credit to SMEs

By Nicholas Nduati Small and Medium sized Enterprises in the agro-processing and manufacturing sectors are set to access low cost credit from the Industrial and...

Cost of electricity goes up

By Ronald Owili The cost of electricity has increased after power generators switched on more thermal plants to cover reduced generation from hydropower stations. Energy...

Kaddu Sebunya elected president of African Wildlife Foundation

By Claire Wanja/Statement The African Wildlife Foundation (AWF) has Friday elected Ugandan native Kaddu Kiwe Sebunya to serve as its new President. Sebunya will focus on...
Economic growth

Kenya, Tanzania to power economic growth in East Africa

Kenya and Tanzania will power economic growth in the East African region, which is expected to record the highest economic growth rate in Africa. The...

Government embarks on expansion of Malindi Airport

By Rose Welimo/KNA The government has embarked on a multi-billion expansion program for the Malindi International airport to enable large flights land directly from Europe. Transport...

Treasury announces new austerity measures including foreign trips

All foreign travels by government officials will now be subjected to presidential approval in a new round of austerity measures announced by the National...

Water dispensers for informal settlements

By Carol Kago   Nairobi City Water & Sewerage Company is installing automated water dispensers in slums to expand access to clean and affordable water. The project...
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