Tag: Business Weekly
Business Weekly: Kenya and Indonesia sign trade agreements
President William Ruto welcomes his Indonesian counterpart Joko Widodo to statehouse Nairobi for the signing of trade agreements; Kenya Reinsurance Corporation Limited (Kenya Re)...
Business Weekly: State employees get 7-10 per cent salary raise
State employees will now get a 7-10 per cent salary raise and backdated to July 1 after a freeze placed in 2021.
The salaries body...
Business Weekly: Reprieve for Government as the suspension of the Finance...
It is a major reprieve for President William Ruto whose government has been facing challenges on spending since the new financial year begun after the Court of Appeal lifted the conservatory orders barring the implementation of the Finance Act 2023.
Business Weekly: Kenya’s economy expanded by 5.3% in the first quarter...
The local economy expanded by 5.3 percent in the first quarter of this year, a faster pace than 3.7 percent in the previous period ending December 2022.
The rate of economic growth according to the Kenya National Bureau of Statistics (KNBS) is also higher compared to 4.3% recorded in the quarter ended September 2022.