BUSINESS & INVESTMENT
New Law Puts an End to Harassment of Borrowers
It is now prohibited for microfinance companies to engage in harassment of borrowers following the implementation of a new law.
The Business Laws (Amendment) Bill,...
Trading Resumes for Kenya Airways Shares on Nairobi Securities Exchange
The Nairobi Securities Exchange has announced the lifting of the suspension on trading shares of Kenya Airways (KQNA.NR), as stated on Monday.
According to the...
How to avoid becoming broke this festive season
The festive season in December brings a spirit of joy, celebration, and unity.
Nevertheless, it can also lead to financial strain if not approached with...
CBK lowers lending rates to 11.25%
The Central Bank of Kenya (CBK) has further decreased the benchmark lending rate by 75 basis points, bringing it down to 11.25 percent, which...
Major Milestone: Tanzanian Firm Given Green Light to Acquire Bamburi Cement
Tanzanian manufacturing and energy powerhouse Amsons Group has received approval from Kenya’s mining ministry to proceed with the unconditional acquisition of Bamburi Cement.
Through its...
Equity Bank CEO James Mwangi appointed to World Bank’s council on jobs
Equity Bank Holdings CEO James Mwangi has been selected to join a World Bank advisory council focused on Jobs, which aims to recommend practical...
Ahmed Farah appointed as the new CEO of KNCCI
The board of directors of the Kenya National Chamber of Commerce and Industry (KNCCI) has officially appointed Ahmed Farah as the new Chief Executive...
Report: Kenyans Turn to Digital Loans to Manage Daily Expenses Amid Rising Living Costs
Recent data from the Central Bank of Kenya (CBK) shows a significant rise in personal loans and digital lending. The CBK reports that more...
David Kemei has been appointed as the Director-General of CAK.
The Competition Authority of Kenya (CAK) has declared the appointment of David Kemei as its new Director-General, a position he will officially assume on...
Adani aims to secure a Ksh. 116 billion agreement for electricity transmission lines in...
The Adani Group is currently in discussions to secure a $900 million (approximately Ksh. 116 billion) contract aimed at enhancing Tanzania's electricity transmission infrastructure,...
