Kenya’s Banking Sector Sees 2.7% Decline In Asset Value
The asset base of Kenya’s banking sector fell by 2.7% to Ksh 7.5 trillion in March 2024, down from Ksh…
Category: Business
Kenya Moves to Cleaner Financial Reporting with IPSAS Adoption
The National Treasury has announced a significant shift from cash-basis accounting to the International Public Sector Accounting Standards (IPSAS) accrual…
Indonesia Aims to Fast-Track PTA with Kenya to Strengthen Economic Ties
Indonesia is working to fast-track the implementation of its Preferential Trade Agreement (PTA) with Kenya to strengthen bilateral trade, according…
Henkel’s Nairobi Adhesives Factory Celebrates Switch To 100% Renewable Energy
Henkel has announced that its manufacturing facility in Nairobi, Kenya, is now fully powered by renewable energy. This site is…
Big Boost for Nakuru’s Small-Scale Traders as County Plans Modern Markets
Thousands of traders and farmers in Nakuru County are set to benefit from a multi-billion-shilling initiative aimed at constructing modern…
Kenyan Airways Chief Pushes for African Airlines Consolidation
Kenya Airways has called for the consolidation of African airlines, emphasizing that such a move could significantly reduce the cost…
Summit Fosters South-South Cooperation for Sustainable Tourism Development
Kenya is among African countries that have committed to jointly working with their South American counterparts to make the tourism…
Mombasa Road to Reflect KeNHA’s Proactive Approach With Ksh 42 Million-Shilling Facelift
The Kenya National Highways Authority (KeNHA) has allocated Ksh 42 million for the beautification of Mombasa Road. KeNHA Director General…
KEMRI Launches Clinical Trials For Tuberculosis Vaccine In Kenya
Kenya Medical Research Institute (KEMRI) has initiated clinical trials to evaluate the effectiveness of a tuberculosis (TB) vaccine aimed at…
CBK Announces 3.6% Overall Inflation Rate In September, Fuel And Food Prices Experience Decline
The Central Bank of Kenya says overall inflation declined to 3.6 per cent last month from 4.4 in August, largely…