XINHUA
Banks slow down acquisitions and mergers
Only one acquisition has been recorded so far IN 2018, a departure from last year where the country registered four, with more banks expressing interest in acquiring others
Govt unveils Sh5.3b programme to enhance food security
The primary target of the AgriFi initiative is the smallholder farmers, pastoralists and their groups who are occasional market players with the potential to become full players in specific value chains
Kenya to begin oil exports in December
Permanent Secretary Andrew Kamau said that the Early Oil Pilot Scheme will help Kenya become a crude oil exporter while providing valuable information on the international market for Kenyan crude
Kenya to reform laws to enhance biodiversity conservation
Tobiko says the ministry of Environment has formulated and reviewed laws and regulations to implement the provisions of the constitution as well as the objectives of the Convention on Biological Diversity
Kenya mulls ICT tax incentives to reduce imports
CS says Kenya will require over 50 million smart devices in the next two years due to increasing reliance on technology to fuel all sectors of the economy
Real estate sector attracts investors amid high returns
Among them is Cool Breeze Development Limited, a Nairobi-based group of investors, which last week unveiled plans to construct five 14-floor blocks in a gated community in Nairobi
Push and pull over system of government
While some political leaders believe the current presidential system is perfect for the country, others say Kenya needs a three-tier form government
Investors lose Sh10bn as stocks tumble
Decline in stock prices have been recorded across the board but mainly on counters in the energy and petroleum, telecommunications and technology and construction and allied sectors
Uhuru, Raila handshake a boon to economy
Analysts noted that the positive political environment has led to a stable macro-economic environment that has come as a huge boost to the shilling
Kenya earned Sh115b from 2017 fresh produce exports
Fresh Produce Consortium of Kenya says the sector remained resilient amid political and economic uncertainties of 2017 with flower exports bringing in Ksh 80 billion up from Ksh70.8 billion in 2016