Economy

Central Bank of Kenya (CBK) is looking at developing a framework that will offer special incentives to Kenyans abroad who set up businesses back at a home. Governor Patrick Njoroge...

SUMMARY The East Asian country affiliated firms cited Kenya’s position as the economic hub of East Africa.The firms also pointed to expanding demand for infrastructure, potential of geothermal power, growing...

As the world battles the coronavirus pandemic and its impact, one challenge has really stood out: loss of jobs.  Paul Breloff, CEO and Co-Founder of recruitment technology firm Shortlist, which...

Kenyans living abroad sent home more cash in the month of February by 41.3 billion shillings compared to a similar period last year.  The latest Data from the Central Bank...

Construction works at the Nairobi Green Park Bus Terminus are expected to be completed this week. The park initially set for Passenger Service Vehicles (PSVs) only has now been expanded...

National Treasury Cabinet Secretary Ukur Yattani has denied reports that Kenya risks losing the port of Mombasa to China due to the huge loans that have advanced for the construction...

In Summary The fuel cost charge (FCC) tariff which covers fuel expenses in the generation of electricity for instance rose to Ksh.3.54 per unit of power consumed from Ksh. 2.61...

Kenya’s population of High-Net-Worth Individuals slipped by 22 per cent last year, a new survey reveals.According to Knight Frank survey, High-Net-Worth Individuals (HNWIs) are those worth over Sh108 million (one...

Treasury Cabinet Secretary Ukur Yattani has disclosed plans to introduce a new medical cover for homes across the country. Modeled on ObamaCare, the program introduced by Barrack Obama during his...

Listed Kenyan power generator Kengen said net profit surged 133 percent to Sh18.4billion (US$170m) for the full-year ended 30 Jun 2020 boosted by tax reliefs claimed on the newly-commissioned Ol...