Bond trading declines as holders avoid losses

Nairobi, Sept. 11 -- Secondary bond trading turnover has significantly slumped as investors seek to avoid losses arising from the impact of higher interest rates on listed government securities bought... Read More

Farmer saccos top loan defaults on drought hit

Nairobi, Sept. 11 -- Some 49 agriculture-based saccos, whose members are primarily farmers, topped in loan defaults last year as a biting drought hit the earnings of contributors. This is disclosed i... Read More

Raised mobile cash cap to boost digital services

Nairobi, Sept. 11 -- The newly raised daily transaction limit on mobile money platforms to Sh500,000 will boost the government's efforts to digitise payments, the Central Bank of Kenya (CBK) has said.... Read More

Kenyan suppliers earn Sh9.6bn from Base Titanium

Nairobi, Sept. 11 -- Base Titanium, which operates a mine in Kwale County, raised its expenditure on domestically sourced materials by 14.93 percent to $66.2 million (Sh9.67 billion) in the year ended... Read More

Multinational banks lead in profit efficiency

Nairobi, Sept. 11 -- Local branches of multinational banks -Stanbic Holdings, Standard Chartered Bank Kenya and Absa Bank Kenya- are the most efficient lenders among the top-tier institutions. Their ... Read More

City law firm slaps Epra with Sh73m fee demand

Nairobi, Sept. 11 -- A city law firm is demanding more than Sh73 million from the Energy and Petroleum Regulatory Authority (Epra) for representing the State agency in a dispute between oil marketer T... Read More

Kebs tightens duty-free sugar imports rules to curb abuse

Nairobi, Sept. 11 -- The Kenya Bureau of Standards(Kebs) has set tough rules for consignments of sugar entering the country under the State's duty-free import window that was gazetted on August 9, 202... Read More

Authority mulls converting unclaimed assets into cash

Nairobi, Sept. 11 -- The Unclaimed Financial Assets Authority (Ufaa) is considering converting non-cash unclaimed assets into cash in a bid to expedite the reunification of the items with their heirs.... Read More

Kenyans snap up latest Sh300,000 Samsung foldable phones despite harsh economy

Nairobi, Sept. 11 -- Wealthy Kenyans have bought 17,000 pieces of Samsung foldable smartphones, defying the harsh economic times where spending is thought to have reduced drastically. Samsung Electro... Read More

Are cameras staring at an imminent death? Perhaps

Nairobi, Sept. 11 -- Across the various clusters of camera users, the tide is rapidly turning in favour of smartphones. Smartphone manufacturers are now focusing on quality pictures to boost sales, ta... Read More