Kenya’s external debt up by close to Sh400bn on weak
The weakening shilling has seen the country's debt rise by Sh400 billion in the past year as it depreciates almost 10 per cent against the US Dollar.Read More
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The weakening shilling has seen the country's debt rise by Sh400 billion in the past year as it depreciates almost 10 per cent against the US Dollar.Read More
The ruling ordering the taxman to open Keroche Breweries was issued by the same court last week. The Kenya Revenue Authority has requested that the High Court dismiss and set aside that order. “It is the Authority’s view that the case filed in court by Keroche and the orders sought go contrary to previous orders […]Read More
Deputy President William Ruto has been conducting his campaigns to cling into the presidency. Ruto’s campaigns have been popularized by his Bottom -Up economic approach. Ruto, who read his manifesto at the Kasarani Gymnasium yesterday said that he would mostly focus on how to revive the economy once elected into power. Ruto defending his Bottom-up […]Read More
In an effort to lower the price of oil, the National Oil Corporation of Kenya (NOCK) will start exporting petroleum from Saudi Arabia in August at a discounted rate. Following a review by the Energy and Petroleum Authority, countrywide fuel prices rose by Ksh. 9 (EPRA). Saudi Armco would provide NOCK with refined petroleum at […]Read More
Kune Food Chief Executive Officer (CEO) Mr. Robbin Reecht has announced the closure of the eatery citing tough economic times that have necessitated the increased food costs that deteriorated the company’s margins. Mr. Robbin further provided the company’s statistics saying that the company managed to sell 55,000 meals with more than 6,000 customers selling at […]Read More
The Newly announced Covid-19 directives by the Cabinet secretary in the ministry of Health (MoH) is likely to revive the mask business.Read More
The MoU's goal is to increase tourism in Kenya by leveraging Mastercard's numerous channels, notably its Priceless.com platform.Read More
The award cemented Jiji’s top position as a classified service provider for a third year running despite some stiff competition from many other similar players.Read More