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Business news highlights

Chinese firm starts Sh12.5bn dualing of Eastern Bypass

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Business Daily | by Kevin Rotich The expansion of the Eastern Bypass into a dual carriageway at Sh12.5 billion has started as the government moves...

Air Tanzania ups rivalry for KQ with order for four new planes

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Business Daily | by Antony Kitimo The Tanzanian government has ordered four new planes to boost its national carrier’s capability in Africa and abroad. On Tuesday,...

Kenya targets Sh106bn in fifth Eurobond issue

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Business Daily | by Charles Mwaniki Kenya will take up a fifth sovereign bond targeting Sh105.6 billion in the next fiscal year, with the National...
kenya power electricity lines

Auditor flags Sh29bn Kenya Power spending

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Business Daily | by Victor Juma The Auditor-General has called out Kenya Power for Sh29.6 billion worth of spending which involved failure to produce evidence...
central bank of kenya cbk

Digital lenders bar borrowers over CRB freeze

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Business Daily | by Elizabeth Kivuva Digital lenders will no longer give loans to new customers outside their existing database of borrowers, citing their continued...

Insurers oppose reforms on NHIF contributions

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Business Daily | by Bonface Otieno Insurers have opposed proposals in a new Bill that will require employers to match workers’ monthly contributions to the...

Universities face closure in World Bank loan deal

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Business Daily | by Otiato Guguyu Kenya has come under pressure from the World Bank to close and merge the cash-strapped public universities and loss-making...
city hall nairobi county

NMS steps up collection of house data

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Business Daily | by Collins Omulo Nairobi Metropolitan Service (NMS) has stepped up inventory of all county rental houses in Nairobi, a move aimed at...