Tumbling shilling unlikely to ease soon
The tumbling of the Kenya shilling, reaching a 40 months low of sh106 to the dollar is unlikely to end soon due to heavily...
I$M Bank to take over Giro Bank
I&M announced that they had signed an agreement to take over Giro Bank in a move that will increase their market share, making it...
Remittances grow steadily in the first half of 2015
Remittance inflows to Kenya grew steadily in the first half of 2015, perhaps indicating a growth in international economy. This is also good news...
Life expectancy for women in Kenya rises
Efforts by various stakeholders to empower women through education, better healthcare especially maternal health and fighting repugnant cultural practices are bearing fruits as the...
Cytonn investments secures real estate funding from Finland
Cytonn Investments, an investments company announced that it had secured funding for one of its four main areas, the real estate market to the tune...
Dubai Bank’s liquidator starts processing payments
The Kenya Deposit Insurance Corporation (KDIC), the Liquidator of Dubai Bank Kenya Limited has began processing payment of protected deposits.
A statement from the Central...
Bill seeks to spur economic growth in counties
A Bill before the Senate seeks to promote and integrate industrialization in Counties to promote economic growth. The Bill further establishes a Board that...
Assist Julius Kipng’etich revive Uchumi
A few days after taking over office as the new CEO of supermaket chain Uchumi, Julius King'etich announced that suppliers who had declined to...
Nairobi is the third most expensive city to sleep in
Nairobi has been ranked as the third most expensive city in Africa to sleep in compared to other cities surveyed in a study. The...
Capital Markets Authority engages counties on financial literacy
The Capital Markets Authority (CMA) is conducting financial literacy forums with citizens across the county to inform them of wealth creation through the capital...