CBK Reacts to Gachagua’s Market-Shaking ‘No Forex Reserves’ Comment

    The CBK also asserted that its foreign exchange cover remained adequate, in compliance with the CBK Act, EAC Monetary Union Protocol and targets of the IMF-supported economic program.

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    Ecobank Launches Finance Program Targeting Women-Owned Businesses

    Ecobank Kenya has launched a finance solution programme dubbed Elevate that targets to provide affordable finance solutions to women-owned businesses in Kenya. Through the program,...

    Absa Poaches Carolyne Kendi From Safaricom

    Safaricom's Head of Brand and Marketing Communications Carolyne Kendi is set to leave the giant telco in December to join Absa Bank Kenya. Kendi has...

    Kenyan Journalists Affected as BBC Cuts 400 Jobs

    The BBC World Service will continue to operate in all the languages and countries where it is currently present, including the new languages added during its 2016 expansion, but some TV and radio programmes will stop as part of the new  strategy.

    The Money Men: 7 Cabinet Secretaries to Watch in Ruto’s Administration

    The team will be tasked with implementation of Ruto's 'Bottom Up' economics among other campaign commitments even as the country finds itself in a precarious economic situation 

    Which Online Brokers Are Regulated in Kenya?

    Investing in Kenya is challenging, and traders must thoroughly research the financial market to create a solid plan before making a move. Note that...

    FALSE: Retired President Uhuru Kenyatta Did Not Attend Queen’s Funeral In London

    A Facebook post alleging that former President Uhuru Kenyatta was in London to attend Her Majesty Queen Elizabeth II’s funeral is false. The photo...

    FALSE: Raila Odinga Has Not Been Appointed To United Nations Board

    A tweet claiming Azimio La Umoja One Kenya Alliance coalition presidential candidate Raila Odinga has been appointed to the United Nations Board is false....

    Inside The Kenyan Originals Craft Room

    With a growing popularity in the Kenyan market, Kenyan Originals (KO)  (now African Originals) prides itself as the leading Kenyan distillery using 100% local...

    Kenyan Tycoon Julius Mwale Seeks a Footprint In West Africa

    Mwale Medical and Technology City (MMTC) founder Julius Mwale met Ghanaian President Nana Addo Dankwa Akufo-Addo on the sidelines of the just concluded UN...

    Handshake Loading: Raila To Work With President Ruto With New Job Description

    President William Ruto has indicated that he will be offering former Prime Minister Raila Odinga a yet-to-be identified state role in his government. 

    SweepSouth Secures Ksh1.3 Billion In Funding

    SweepSouth, an online home services platform with a presence across Africa, has announced that it has completed an US$11 million (Ksh1.3 billion) investment round...

    KBL MD John Musunga Appointed Guinness Nigeria CEO

    Kenya Breweries Limited (KBL) Managing Director John Musunga has been appointed the Managing Director and Chief Executive Officer of Guinness Nigeria PLC, a Diageo...

    Ruto’s Plan to Rescue Blacklisted Kenyans & Make Loans Cheaper

    President Ruto stated that millions of Kenyans currently blacklisted by Credit Reference Bureaus (CRBs) from borrowing would be ejected from the list in November as a result of the new credit rating mechanism.

    Safaricom Slashes Fuliza Charges – See New Tariff and More Details

    The new rates will not apply to existing loans. Fuliza users with existing debts will have to pay the current daily maintenance fees on their outstanding balances.

    New Class Of Assets Emerges In Nairobi’s Real Estate Sector

    Over the past decade, Nairobi’s development pipeline has been through multiple cycles. First came the commercial offices boom at the start of the decade,...

    Travel Industry Stakeholders Assemble In Nairobi For KATA AGM

    The Kenya Association of Travel Agents (KATA) held its 42nd Annual General Meeting on September 24, 2022, at the Movenpick Hotel in Nairobi. The event...

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