Financial Inclusion In Kenya 2024: Gains In Access, But Rural Youth And Debt Distress Raise Concerns
The 2024 FinAccess Household Survey Report, jointly released by the Central Bank of Kenya (CBK), Kenya National Bureau of Statistics…
Category: Business
Rubis Energy Kenya And Solarise Africa Launch Rubisol: A Renewables-Powered Partnership For East Africa’s Commercial And Industrial Sector
‘Expanding our renewable energy agenda in Africa is a strategic priority for RUBiS Energie. By partnering with Solarise Africa, we…
Airlink Expands Connectivity With Three Additional Johannesburg-Nairobi Flights
Rodger Foster emphasized the importance of expanded connectivity for regional economic growth and tourism. “With Airlink’s network now encompassing Kenya,…
Equity BCDC Leads $282M Financing to Stabilize DRC Oil Market Amid Subsidy Challenges
Equity BCDC, the second-largest bank in the Democratic Republic of Congo, has completed a significant second drawdown to refinance arrears…
Nairobi Hospital Rejects Strike Claims, Insists Doctors Are Independent Contractors
The Nairobi Hospital has denied reports that the Kenya Medical Practitioners, Pharmacists and Dentists Union (KMPDU) have issued a strike…
Kenya Airways Expands UK Reach with New Direct Flights to London Gatwick
Kenya Airways (KQ) has announced the launch of direct flights from Nairobi’s Jomo Kenyatta International Airport (JKIA) to London’s Gatwick…
Food Prices Drop In November, But Sugar, Flour, And Vegetables See Price Increases, Cbk Survey Reveals
The survey’s Balance of Opinion (BOO) on expected price changes showed a near-equal split between respondents predicting price increases and…
World Bank Cuts Kenya’s 2024 GDP Growth Forecast To 4.7% Amid Structural Challenges
Qimiao Fan, World Bank Country Director for Kenya, Rwanda, Somalia, and Uganda, warned of the potential consequences of reduced growth…
Ministry Of Agriculture Unveils Taskforce To Investigate Tea Sector Challenges And Propose Solutions
The task force will evaluate the impact of the minimum reserve price, delayed payments, tea storage conditions, price disparities between…
Banks to Lower Lending Rates, Easing Credit Access for Economic Recovery
Kenyan banks have finally agreed to begin lowering lending rates in a bid to ease access to credit and support…