Kenyan Private Sector Sees Marginal Growth In November, Driven By Strong Sales And Increased Demand
Kenyan businesses reported a notable improvement in conditions midway through the final quarter of 2024, with sales growing at the…
Category: Business
Tatu City Designated Regional Hub for World Free Zones Organization
Tatu City has been designated as the Regional Office and National Contact Point for the World Free Zones Organisation, solidifying…
Central Bank Of Kenya Welcomes New Faces To The Monetary Policy Committee (MPC)
Four new members have been appointed to the Central Bank of Kenya (CBK) Monetary Policy Committee (MPC), the body responsible…
The Capital Markets Authority Clears Amsons Group to Acquire Bamburi Cement for Ksh 23.59 Billion
The Capital Markets Authority (CMA) emphasized that Amsons’ offer remains the only valid one, approved without changes. Shareholders who had…
Listed Banks Report Mixed Results with Loan Contractions, Government Securities Uptick, and Profit Surges
Banks demonstrated a notable shift toward government securities during the period. Six of the nine listed lenders increased their holdings,…
Auditor General Flags Kenya Power’s Sustainability Amid Operational And Financial Challenges
Kenya Power recorded a negative working capital of Ksh 27.4 billion, marking a marginal improvement from the Ksh 51.2 billion…
Government Seeks New Investor for JKIA Expansion After Scrapping Adani Deal
“Where we are as a country, we have a very thin and tight fiscal space. Modernization is crucial, but we…
Nairobi Securities Exchange Bond Market Makes History, Surpassing Ksh 1 Trillion Milestone
‘The significant growth in bond market turnover in 2024 reflects the continued positive investor sentiment and the country’s economic prospects.…
KenGen Expands Geothermal Footprint Across Africa with Eswatini Partnership
“I am optimistic that our geoscientific studies will confirm the viability of Eswatini’s geothermal resources, enabling the country to increase…
People Daily Goes Fully Digital: Mediamax Sets a Bold Precedent for Kenyan Media
“People Daily going green means using digital printing to publish an e-paper and reducing 100 percent the environmental impact of…