Kenya Bans Sugar Imports
The government of Kenya has with immediate effect suspended the importation of brown sugar into the Country to protect the...
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Friday, July 3, 2020
Cooperative Bank acquires 90pc of Jamii Bora LTD
Kenya’s second-leading bank, Co-op Bank has announced that the shareholders of Jamii Bora Bank, have pursuant to an Extra-Ordinary General...
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Kenyan Governors Push For Lift of Economic Lockdown
Almost a month after the President of Kenya Uhuru Kenyatta said the lockdown on counties will not be lifted due...
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Here are the New Guidelines to Import Mitumba Clothing
The government is currently coming up with guidelines to be followed after it lifts a temporary ban on second-hand clothes...
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KQ Fires More Employees
Kenya's National Airline, Kenya Airways (KQ) is laying off more employees in a continuous process to cut down on expenditure...
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MPs Shield Parliament from Budget Cuts, Reject Treasury’s Sh1.5bn bid for Corona testing kits
Selfish Kenyan LEgislators have rejected the National Treasury’s proposal to allocate Sh1.5 billion to purchase Covid-19 testing kits and chemical...
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Equity Bank Takes Out Sh5.3 Billion Loan From World Bank To Offer SMEs
Equity Bank is set to be the next beneficiary of a $50 million (Sh5.3 billion) loan from the International Financial...
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CBK Retains Key Lending Rate at 7pc
The Central Bank of Kenya retained the key lending rate at 7pc during yesterday’s meeting. The Kenyan monetary policy committee...
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No Taxing Pensions: Parliament Adopts Finance Bill
There is reprieve as the monthly pension granted to Kenyans who are sixty-five years of age or more remained tax-exempt...
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Google Executive Charles Njenga Joins Absa Kenya Board
Effective 24th June 2020, Absa Kenya Plc (former Barclays) Wednesday announced that Charles Njenga Murito, Government Affairs and Public Policy...
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