Day: January 27, 2021

11 Articles
BUSINESS

CBK Retains Base Lending Rate at 7%. Plans Further Economic Intervention Measures

The regulator is considering rolling out further economic intervention measures after being satisfied with the execution of the Economic Stimulus Program to cushion...

Stock prices displayed at the Nairobi Securities Exchange (NSE)
BUSINESSMARKETS

Equity Turnover at NSE Drops 27.5% as Investors Flee Pandemic

Investors, both local and foreign, stayed away from the bourse during the quarter.

Aerial view of a section of Westlands, Nairobi
BUSINESS

Relief for Business Owners as Govt Extends Disclosure Deadline

Failure to comply with the requirements exposes companies and their directors to stiff penalties.

BUSINESS

Mastercard to Use Quantum-Resistant Technology to Protect Contactless Payments

New Enhanced Contactless specifications provide next-generation capabilities for advanced protection and convenience

Airstrip with airplane
BUSINESS

22-Minute Nyeri-Nairobi Flights Set to Spur Trade, Tourism

The launch of the flights is expected to boost the local economy in the county.

Former K24 anchor Betty Kyallo. The anchor is set to open a brand new barber shop in Nairobi, After Shave by Flair, on January 28, 2021.
BUSINESSMEDIA

Exclusive: Betty Kyallo on Upcoming TV Comeback, Her New Barber Shop and Expanding Beauty Empire

In a conversation with Business Today on Wednesday, January 27, she described the moment as a huge milestone

Outside Central Bank of Kenya (CBK) headquarters in Nairobi.
BUSINESSECONOMY

Keep Our Loans Secret – Banks Urge CBK Over Investor Fears

The banks proposed to access money through CBK’s Discount Window without the stigma that is associated with the use of the facility

BUSINESS

KRA Issues Corporate Tax Guidelines Following End of Relief Measures

The guidelines will be used by corporations whose accounting periods ended in the Year of Income 2020 or are due to end in...

Apartments overlooking the Indian Ocean in Mombasa, Kenya.
BUSINESSREAL ESTATE

Landlords Without Land: Peculiar Trend Proves Popular With Kenyans

It is a mystery to locals and law enforcement in the Coastal region on how the trend came to be.

Chris Kirubi pictured during a past interview.
BUSINESSMARKETS

Chris Kirubi’s Centum Stake Now Worth Ksh3.3B After Billionaire Buys Additional Shares

The acquisition of additional shares is in line with Kirubi's plan to purchase an extra 20 per cent stake in the firm.