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Treasury goes for UAE loan as IMF cautions of debt situation
The Abu Dhabi loan will be disbursed in tranches, ensuring compliance with borrowing limits set under IMF. Kenya is expected to access about Sh91 billion.
By Brian Ngugi
2024-11-23 00:00:00
By Boniface Gikandi And Hudson Gumbihi
2024-11-23 00:00:00
Chinese telecom company Huawei said on more than 500 women in Meru County have been equipped with digital skills through a training program program it launched with Kenyan partners.
By Xinhua
2024-11-22 12:26:33
A high-level ministerial forum held in South Africa focused on building a prosperous, inclusive, and sustainable Africa through ICT advancements.
By Patrick Vidija
2024-11-21 22:45:51
Kenyans have borrowed over Sh300 billion from mobile lender Tala in the past decade, underlying the role of digital lending platforms in the country.
By Brian Ngugi
2024-11-21 21:46:23
Kenya’s largest bank by asset base KCB Group outpaced its biggest rival Equity Bank in the first nine months of the year after its profit after tax jumped by nearly half to Sh44.5 billion.
By Brian Ngugi
2024-11-21 20:55:00
President William Ruto is facing pressure to reassess his administration’s revenue mobilisation strategies after data from the National Treasury revealed tax collection shortfalls.
By Brian Ngugi
2024-11-21 20:55:00
Shares in Indian conglomerate Adani tanked on Thursday after its industrialist owner Gautam Adani was charged by US prosecutors with handing out more than $250 million in bribes for key contracts.
By AFP
2024-11-21 20:55:00
Shares in India's Adani Enterprises slumped 20% after US prosecutors charged billionaire industrialist founder Gautam Adani with paying hundreds of millions of dollars in bribes
By AFP
2024-11-21 09:08:32
There is need to reduce Pay as You Earn Tax (PAYE) and other taxes levied on Kenyans by broadening the tax base, Treasury Cabinet Secretary John Mbadi has said.
By Joackim Bwana
2024-11-21 00:00:00
The Suez Canal is inaccessible due to Houthi rebels targeting ships off Yemen. Cost of importing goods from Europe to Mombasa has tripled, from Sh72,450 to Sh289,800 per ton.
By Willis Oketch
2024-11-20 20:40:00
The Governors described Mbadi’s claims as misleading and maintained that counties are still grappling with a biting cash crunch.
By Bernard Lusigi
2024-11-20 20:40:00
In Mombasa, the few residents who turned up poked holes in the proposed changes in interest rates and retirement benefit sections of the tax Bill.
By Isaiah Gwengi And Joachim Bwana
2024-11-20 20:40:00
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Latest
Health & Science
By Brian Ngugi
2024-11-22 15:33:12
Health & Science
2024-11-22 12:40:00
Health & Science
2024-11-22 10:40:05
Health & Science
2024-11-22 10:12:51
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