ECONOMY
Kenya is the biggest economy in East Africa and most watched in sub-Saharan Africa, being the regional business hub. BT brings you comprehensive coverage of the various economic sectors.
Kisumu Passenger Train Set for Maiden Trip as Residents Await Benefits
Kenya Railways Corporation (KRC) expects residents of Western Kenya to enjoy rides between Kisumu and Nakuru where they will be able to join...
MARTIN SIELE2 Mins read
Absa Bank Posts Ksh6.5B Profit Despite the Pandemic
The management took decisive action to increase provisions in order to take the best position for future potential credit losses. This was decision...
MARTIN SIELE2 Mins read
Why Companies Should Prepare for More Political Disturbances and Violence Ahead
Causing physical damage, business interruption or loss of revenues, civil unrest incidents are becoming a more significant risk for companies in the current...
BUSINESS TODAY4 Mins read
Bharat Thakrar Resigns as WPP Scangroup CEO Under Cloud of Allegations, Suspension
Thakrar, who founded the company and remains the largest individual shareholder , also resigned as a director of the company's subsidiaries and its...
MARTIN SIELE1 Mins read
Centum Issues Profit Warning, Eyes Ksh10B Real Estate Cash
The firm expects net earnings to be at least 25 per cent lower than that reported in the last full financial year. In...
MARTIN SIELE2 Mins read
Sub-Saharan Africa To Get Debt Relief From China
The Covid-19 related economic disruption has resulted in an approximately 40% of Sub-Saharan Africa countries being at risk of debt distress that will...
DENNIS MUNENE3 Mins read
Safaricom Crowned Kenya’s Top Taxpayer After Forking Out Ksh98B in 2020
In FY20, Safaricom paid Kes98 billion in duties and taxes, in addition to Kes20 billion in dividends to the Government of Kenya. Over the...
MARTIN SIELE1 Mins read
KRA Warns Kenyans on Fraudulently Registered Vehicles
He noted that some of these vehicles may have been sold to innocent Kenyans who are not part of the scheme. Being in...
JUDITH NDUNDE2 Mins read
