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State firm caps cheap mortgage at Sh4 million

Nairobi, Sept. 21 -- The State-backed mortgage firm will cap cheap home loans at Sh4 million, kick starting operations after the Central Bank of Kenya (CBK) granted it the permit to start lending at a... Read More


BAT eyes tax holiday for nicotine pouches

Nairobi, Sept. 18 -- British American Tobacco #ticker:BAT (BAT) Kenya is pushing for a three-year tax holiday on local production of nicotine pouches and similar products at its $25 million (Sh2.7 bil... Read More


Shares at NSE rally to hit daily high point this year

Nairobi, Sept. 18 -- The value of shares traded on the Nairobi bourse yesterday touched a daily high this year, buoyed by foreign investors who are trooping back on the market after a sell-off for the... Read More


Kenya to borrow Sh2.5bn daily ahead of Uhuru exit

Nairobi, Sept. 16 -- The Jubilee administration looks set to borrow an average of Sh2.5 billion daily before the end of President Uhuru Kenyatta's final term in August 2022, highlighting its growing a... Read More


Bars closure punches Sh45bn hole in budget

Nairobi, Sept. 15 -- Prolonged closure of bars and night clubs has forced the Treasury to cut its excise tax projections by Sh45.8 billion, giving the government a fresh revenue collection headache th... Read More


KAM pushes for creation of unemployment fund

Nairobi, Sept. 14 -- Manufacturers have proposed the creation of an unemployment insurance fund to offer relief to workers who lose jobs to unforeseen crises such as the coronavirus pandemic. In a po... Read More


Treasury cuts economic growth forecast again

Nairobi, Sept. 14 -- The Treasury now expects the economy to grow below its initial projection of 2.5 percent in April on damaging shocks of Coronavirus pandemic which continue to hammer job opportuni... Read More


Sh81bn WB loan to spur development in northern Kenya

Nairobi, Sept. 10 -- Residents of northern Kenya will get faster internet connectivity to their homes and better road transport after receiving $750 million (Sh81.28 billion) loan from the World Bank.... Read More


Laptops, smartphone imports surge 56pc during Covid lockdown

Nairobi, Sept. 9 -- The value of Kenya's telecommunications gadget imports, including computers, laptops and smartphones, surged by more than half to Sh8.01 billion in four months of Covid-19 lockdown... Read More


Laptops, smartphone imports surge 56pc during lockdown

Nairobi, Sept. 9 -- The value of Kenya's telecommunications gadget imports, including computers, laptops and smartphones, surged by more than half to Sh8.01 billion in four months of Covid-19 lockdown... Read More