PRIME Online shoppers splash Sh87.3bn on electronics, fashion products Electronics and fashion products have continued to dominate the highest expenditure categories of consumer goods bought by Kenyans.
How Kenya’s affluent plan to spend bonus earnings High-income Kenyans plan to spend the bulk of bonus earnings on buying property or reinvesting in their businesses.
UK announces Sh1.1 billion for green projects in Kenya Britain has extended Sh1.1 billion to Kenya to help 10 counties access green finance for funding eco-projects.
Costly locally assembled phones dim digital access goals Locally assembled smartphones are retailing at highs of up to Sh10,559 and could rise further to Sh11,500.
Residents demand royalties share as Base closes shop Residents of Kwale have renewed their call for the government to release mineral royalties to those affected by Base Titanium's mining operations.
Billionaire Baloobhai expands his Absa stake with 5.8 million shares Billionaire investor Baloobhai Patel purchased an additional 5.8 million shares in Absa Bank Kenya.
Second-hand clothes imports from China rise 86pc The quantity of second-hand clothes imported from China jumped by 86.2 per cent in the first quarter of this year.
Jubilee launches premium cover for expatriates, high net-worth clients Jubilee Insurance has unveiled a premium health cover targeting expatriates and high net-worth individuals.
Kenya, Uganda turn to cross-cultural tourism to boost numbers, revenue Kenya and Uganda are banking on cross-cultural tourism to help boost tourism visitor numbers and revenue
Kenyan agribusiness SMEs set for MasterCard funding SMEs in the Kenyan agriculture sector are among firms from 20 African countries selected to compete for up to $2.5 million (Sh327 million) in grants.
Banks to get capital relief on partially guaranteed loans The Treasury is seeking changes that will allow banks to make lesser provisions for defaults on partially guaranteed loans MSMEs take.
South Sudan clarifies new $350 levy on goods imports The Mombasa Monitoring Station-National Revenue Authority of South Sudan has clarified that only exporters and importers will be required to comply with the payment of Sh46,000 levy.
Kenya set for Sh131 billion new IMF financing June Kenya is set for Sh131 billion in new financing from the IMF in June.
CBK raises Sh45 billion from reopened five, 10-year bonds CBK has mopped Sh45.8 billion from the recently reopened five-year and 10-year bonds.
World Bank cuts expected Kenya financing by Sh39bn New funding to be approved on April 30 in a revised World Bank plan.
Cargo transport crisis as trucks stay grounded over container height rule Several trucks are stuck in different yards in Mombasa.
Nairobi targets Wakulima, Muthurwa markets in revenue push Wakulima and Muthurwa control close to two-thirds of market activities within Nairobi.
Smartphone imports from China surge by 71pc to 2.3 million Kenya's imports of smartphones from China surged 71.5 percent last year to breach the two-million mark.
State-backed guarantee scheme lends Sh6.2bn to SMEs The State-backed credit guarantee scheme has registered sluggish growth to disburse a cumulative Sh6.2 billion by December 2023.
Stanbic freezes plans for a fintech subsidiary months after green light Stanbic Holdings has put on hold plans to set up a fintech subsidiary.
Banks draw Sh32bn CBK emergency loans in two months The drawings in January and February are in contrast to a similar window last year when lenders did not tap a single cent from the CBK facility.
IFC to offer climate risk advisory services to banks in Sh219m deal IFC is set to offer advisory services to Kenyan banks in a $1.5 million deal (Sh219 million) to help the lenders in climate risk mitigation.
Private household loans in rare drop as high interest rates bite Outstanding banking sector loans to private households dropped by Sh13.7 billion in December last year.
KDIC seeks to raise Sh500,000 depositor compensation limit KDIC is revising the Sh500,000 compensation limit for a customer of a collapsed bank.
Import levy revenue dips by Sh7bn on rate cuts, trade decline Collections from taxes on international trade and transfers fell by Sh7 billion.