Probe use of government and donor funds in poverty-hit ASAL
The report showing that poverty levels in the Arid and Semi-Arid (ASAL) counties have deepened and call for tough questions mainly on the leadership of these devolved units.…
The Business Standard Reporter
Kenya Sugar lines up 1,250 tonnes a day factory in Narok
Kenya Sugar Factory Limited is planning to set up a 1,250 tonnes of cane per day factory in Narok County, adding to the growing list millers investing in new factories to meet…
Insurers encounter rise in fraud as they adopt technology
Insurance firms are facing increased incidences of fraud on the back of adopting technology in their business, exposing them to a mismatch between risks and premiums charged. The…
Billionaire Baloobhai Co-op stake nears Muriuki with additional Sh213m shares
the additional 15.25 million shares are currently valued at Sh212.8 million, going by Co-op’s share price of Sh13.95 at the opening of trading at the Nairobi Securities Exchange…
Banks eye cheaper loan rates to boost credit uptake
Commercial banks are now calling for further cuts in the base lending rate as they eye reduced cost of credit to stimulate lending to the private sector and take pressure off…
Government fails to meet T-bills; interest rates remain relatively stable
Subscription of Treasury Bills fell short of the Sh24 billion offered by Central Bank of Kenya during last week’s auction. CBK received bids worth Sh20.9 billion for the three,…
SHIP WITH FIRST CONSIGNMENT OF FERTILISER DOCKS AT MOMBASA PORT
The Kenya Tea Development Agency Management Services Limited (KTDA MS) has imported 92,737 metric tonnes of fertiliser for the year 2023/2024 for distribution to smallholder tea…
Battle for EAC transit cargo heats up with Adani’s entry at Dar es Salaam Port
East Africa’s main ports of Mombasa and Dar es Salaam have renewed their ravalry in the battle for the region’s market, with Tanzania giving Kenya a run for its money in…
The Business of Gaming: How African Youth Can Tap into a $300 Billion Industry
The global gaming industry is one of the fastest-growing sectors, projected to reach a staggering $300 billion by 2025. Africa, with its young and dynamic population, is poised to…
