Shilling falls to all time low on rise in dollar demand
Business Daily | by Tim Odinga
The shilling on Wednesday slumped to an all-time low exchanging at 111.7 units against the dollar on increased dollar...
Kenyans borrow Sh1.3 billion on Safaricom’s Fuliza daily
Nation | by Brian Ambani
Kenyans borrowed Sh1.32 billion daily from Safaricom’s overdraft facility Fuliza between April and September this year, underlining increasing reliance on...
World Bank blacklists Kenyan consultancy firm over fraud
Business Daily | by Brian Ngugi
The World Bank has blacklisted a Kenyan consultancy firm that has undertaken several multi-million shilling projects for top government...
Aviation sector at 90pc of pre-Covid levels, says PS
Business Daily | by Gerald Andae
Kenya’s aviation market has picked up to 90 percent of pre-Covid levels as the sector records steady growth in...
GE to split into 3 companies focusing on aviation, health care and energy
Business Daily | by Reuters
US industrial giant General Electric said on Tuesday it would spilt into three public companies, as the storied US industrial...
Absa, Ajira enter deal to train 1m youth on tech skills in one year
Business Daily | by Elizabeth Kivuva
The Ajira Digital programme will train one million youths in the next one year, following a new partnership with...
CMA set to punish KenGen for not issuing profit alert
Nation | by Victor Juma
The Capital Markets Authority (CMA) says it will punish power producer KenGen for failing to issue a profit warning despite...
I&M Bank gets nod to launch in Uganda
The Standard | by Drake Nyamugabwa
I&M Group has received regulatory clearance from Bank of Uganda to launch operations in the country after acquiring 90...
