Money in circulation surges to a new high
The amount of cash circulating outside the banking system and in people’s pockets hit a 13-month high in June, defying Covid-19 economic hardships.
Central Bank...
Taskforce says Isiolo County well prepared to handle coronavirus
Isiolo County is well prepared to handle the coronavirus pandemic, a report by a taskforce formed by Health Cabinet Secretary Mutahi Kagwe shows.
The taskforce...
Kenya reveals Sh540bn nuclear power plant in Tana River
Kenya is set to build a $5 billion (Sh540 billion) nuclear power plant on a site in Tana River County over the next seven...
Farmers oppose Sony Sugar leasing over Sh560 million arrears
Farmers at the cash-strapped Sony Sugar Company have piled pressure on the government to pay their dues before considering leasing the mill to a...
Transport ministry to upgrade 408km of road in city slums (Nairobi)
Over 400 kilometres of roads will be upgraded in Nairobi’s informal settlements, the Ministry of Transport has said.
Transport Cabinet Secretary James Macharia has said...
Kenya sees bright cruise tourism prospects post-Covid
Kenya is looking beyond the challenges posed by Covid-19 as it seeks to position the country as a top cruise tourism destination globally.
The Kenya...
Family Bank posts 24pc earnings rise on interest income
Family Bank reported a 75.2 per cent net profit growth in the half year ended June on the back of higher interest income.
The lender’s...
Power projects face delays as virus bites state agencies, contractors
Kenya could delay completing major electricity projects as contractors experience difficulties in accessing critical materials as well as mobilising teams owing to the impact...
