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Diaspora remittances up 19pc in first quarter as inflationary pressure eases

Nairobi, April 15 -- Kenyans living and working abroad sent home a total of $1.2 billion (Sh158 billion) during the first three months of this year, marking an 18.8 percent jump from the inflows recor... Read More


Bonds maturity falls on short-term paper surge

Nairobi, April 15 -- The average time to maturity for issued Treasury bonds fell to seven years and nine months or 7.8 years in January, pointing to elevated refinancing pressures on the government as... Read More


Civil war: Thought-provoking look at America at war with itself

Nairobi, April 15 -- When you think of war, one typically thinks, the jungle, Vietnam, South America, or the deserts of Afghanistan and Iraq. Rarely does one consider locations like their favourite sp... Read More


CMA, property funds lobby for return of stamp duty exemption

Nairobi, April 15 -- The Capital Markets Authority and property investors are lobbying the government to reinstate the exemption of Real Estate Investment Trusts (REITs) from paying stamp duty when th... Read More


EACC gets back Sh100m property in Nakuru CBD

Nairobi, April 15 -- The Ethics and Anti-Corruption Commission (EACC) has recovered a parcel of public land in Nakuru city centre estimated to be worth Sh100 million. The 0.22-acre plot adjacent to A... Read More


Absa Bank named top employer Kenya and Africa

Nairobi, April 15 -- The legendary management guru Peter Drucker once said, "Culture eats strategy for breakfast". His often-quoted observation was probably borne out of the realisation that there is ... Read More


Kampala university loses bid to halt auction of Sh3.1bn Kajiado land

Nairobi, April 15 -- Mortgage lender Housing Finance is now free to auction a 68-acre parcel of land in Kajiado to recover a loan of more than Sh3.1 billion from Kampala International University (KIU)... Read More


Kampala university loses bid to halt auction of Sh1.3bn Kajiado land

Nairobi, April 15 -- Mortgage lender Housing Finance is now free to auction a 68-acre parcel of land in Kajiado to recover a loan of more than Sh3.1 billion from Kampala International University (KIU)... Read More


Treasury makes U-turn on stopping Kenya Airways bailouts

Nairobi, April 15 -- The Treasury has made a U-turn on its pledge to end financial support to Kenya Airways (KQ) amid delays in securing a strategic investor for the loss-making national carrier. KQ ... Read More


Kampala university loses bid to halt auction of 68-acre Kajiado land

Nairobi, April 15 -- Mortgage lender Housing Finance is now free to auction a 68-acre parcel of land in Kajiado to recover a loan of more than Sh3.1 billion from Kampala International University (KIU)... Read More