Ministries, state departments set for budget cuts to tame debt levels
Treasury might spend less in the next financial year according to austerity measures that are being instigated by the Cabinet...
Friday, January 24, 2020
All Business News
President Kenyatta launches Kenya’s first green bond at London Stock Exchange
Uhuru Kenyatta, President of Kenya LONDON, UK, 20 January 2020 (PSCU) – President Uhuru Kenyatta today rang the bell to...
KRA advised to increase tax on flour, basic commodities to meet revenue shortfall
International Monetary Fund (IMF) is now pushing the treasury to increase taxes on basic commodities in a bid to grow...
Why over 110,000 eligible students will not receive Helb funding
The Higher Education Loans Board (Helb) has written off Sh55.6 million despite struggling to recover Sh7.7 billion from former students....
SA first African country to embrace 5G
Liquid Telecom is set to launch the first 5G wholesale roaming service in South Africa. Available from early 2020 in...
IMF Says Kenya Needs Ksh1 Trillion To Revive Stalled Projects
Hundreds of mismanaged infrastructure projects have stalled and it will cost the country around $10 billion (Sh1 trillion) to revive...
CBK Approves 100 Per Cent Acquisition Of Moi Linked Transnational Bank By Nigerian Lender
The Central Bank of Kenya (CBK) has okayed the 100 percent acquisition of the Transnational bank by Nigeria’s top lender...
Sanlam On The Spot As Agents Lie About Insurance Products
Sanlam Kenya CEO Patrick Tumbo. Sanlam, the life and general insurance company in Kenya has been put on the spot...
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