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RBI launches 3 key surveys ahead of August MPC meeting to guide monetary policy

India, July 9 -- The Reserve Bank of India (RBI) launched 3 key nationwide surveys, including the Inflation Expectations Survey of Households, to gather crucial inputs for formulating monetary policy ... Read More


China's ballistic missile launch was a message for the US

India, July 9 -- China's recent test launch of a long-range ballistic missile from a nuclear-powered submarine has triggered concern among the United States and several Indo-Pacific nations, with anal... Read More


The lawyer who bet his career on a leap of faith

Nairobi, July 9 -- There are stories Mahesh Acharya tells about growing up in Eldoret; about a Peugeot 505 station wagon that carried his dreams, about being raised in a garden full of brothers, and b... Read More


Safaricom to bar use of reserves for share buybacks in proposed changes

Nairobi, July 9 -- Safaricom plans to bar the use of retained earnings for share buybacks under proposed changes to its articles of association that will be tabled at its upcoming Annual General Meeti... Read More


What Morocco match reveals about leadership that boardrooms never will

Nairobi, July 9 -- I am not the loudest when it comes to football. Actually, I consider myself an orphaned silent CEO fan in football.I do not have a club tattooed on my heart. I do not wake up at 2am... Read More


Business closures surge by 55pc on liquidations, bankruptcy

Nairobi, July 9 -- At least 40 Kenyan companies sought voluntary liquidation or bankruptcy protection in the nine months to March, up from 24 a year earlier, exposing mounting financial distress despi... Read More


WB says infrastructure fund offers 'short-term relief' to Kenya fiscal woes

Nairobi, July 9 -- The World Bank Group deems gains arising from creation of Kenya's National Infrastructure Fund (NIF) short-term, stressing the need for deeper reforms to achieve a lower budget defi... Read More


Tycoon Mary Wambui loses bid to stop Sh9bn Equity hotel takeover

Nairobi, July 9 -- Businesswoman Mary Wambui Mungai has lost her bid to stop Equity Bank's takeover of her luxury Glee Hotel after the High Court declined to suspend the lender's appointed administrat... Read More


Banks enjoy record profits of Sh111bn in four months

Nairobi, July 9 -- The cumulative pre-tax profit for Kenya's commercial banks in the four months ended April rose 13.8 percent, riding on loan book growth, signalling another lucrative year for the ba... Read More


Why misinformation is a financial risk for Saccos

Nairobi, July 9 -- For decades, Savings and Credit Co-operative Organisations (Saccos) have invested in managing risk, liquidity and governance risks. Our regulatory frameworks have been developed aro... Read More