NSE investors lose Sh164 billion in state-owned enterprises.
Investors have lost a combined market capitalization of Sh164.1 billion over the past five years…
Month: February 2023
Joblessness fuels an increase in the demand for cybercrime skills
A new report from Kaspersky’s Digital Footprint Intelligence (DFI) study shows that an increasing number…
EABL’s half-year earnings falls to Sh8.7 billion as less alcohol is consumed by struggling Kenyans.
Beer, a staple in Kenya long believed to be recession-proof, may finally be feeling the…
NCA reports that one in six construction projects are not compliant
An estimated 200 people have lost their lives as a result of buildings collapsing on…
KRA will track telcos’ daily sales in order to combat tax evasion
The Kenya Revenue Authority (KRA) has flagged mobile telecom operators for potential under-declaration of airtime,…
Kenya intends to implement a separate tariff for electric vehicles
In the latest move toward e-mobility by East Africa’s largest economy, Kenya aims to create…
In three months, Sh1.1 billion in assets were lost by four-unit trust schemes
Assets under management decreased the most for unit trust schemes administered by Co-op, African Alliance…
Galana-Kulalu will offer 5,000 acres to private companies in March
Next month, the Ministry of Water will make 5,000 acres of the Galana-Kulalu Irrigation Scheme…
Banks’ Sh224bn record earnings indicate a rise in bonuses and dividends.
Banks’ pre-tax profits for the first 11 months of last year to November reached a…
Kenya’s total debt exceeds $72 billion
Kenya’s total public debt for the first time exceeded KSh9 trillion ($72 billion), in December,…