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Jade Collections goes for smaller branches to reduce rent

Nairobi, Sept. 22 -- Local fashion retailer Jade Collections has begun a restructuring process to downsize store space following impact of the pandemic that has seen decline in sales. Founder Bernice... Read More


T-bill share of domestic debt at four-year low

Nairobi, Sept. 21 -- The proportion of domestic debt held as Treasury bills has dropped to a four-and-half year low as the Treasury shifts preference towards longer term bonds in a bid to lengthen the... Read More


30m households to gain from smart farming plan

Nairobi, Sept. 21 -- Microsoft has signed a partnership with Alliance for a Green Revolution in Africa (Agra) to co-create technology solutions that will see 30 million farming households enjoy food s... Read More


Bungoma signs deal to set up EU-funded agribusiness hubs

Nairobi, Sept. 20 -- The Bungoma county government and Kenya Climate Innovation Center (KCIC) have signed a memorandum of understanding to support local agribusiness enterprises owned or led by the yo... Read More


How removal of trade barriers benefits women

Nairobi, Sept. 18 -- Women stand to gain up to 2.5 percent more in real income with removal of trade barriers, a new World Bank report has shown. The joint report by the World Bank Group and the Worl... Read More


Liquid investors splash Sh81 billion in September bond sale

Nairobi, Sept. 18 -- Investors bid Sh81.68 billion for the three-tenor Treasury bond whose sale concluded on Tuesday, with the government taking up Sh64.2 billion from the offer that targeted Sh50 bil... Read More


Bungoma signs deal to set up EU-funded agribusiness hub

Nairobi, Sept. 17 -- Bungoma will become the first county to set up one of eight agribusiness incubation hubs funded by the European Union and Denmark. The county government and the Kenya Climate Inn... Read More


Counties inpatient health services shut on cash crisis

Nairobi, Sept. 17 -- Counties have closed inpatient services at public health facilities and sent workers on two weeks leave amid protest from the Senate over the shutdown. The Council of Governors (... Read More


Treasury to hit Sh9 trillion debt ceiling in two years

Nairobi, Sept. 16 -- Kenya will hit its Sh9 trillion public debt ceiling within the next two years going by the projected revenue shortfall in the current and next fiscal years, coupled with the strug... Read More


CBK forex reserves drop by Sh51bn

Nairobi, Sept. 11 -- Official foreign exchange reserves held at the Central Bank of Kenya (CBK) dropped by $471 million (Sh51 billion) since the beginning of August, attributed partially to external d... Read More