Moodys downgrades Kenya on losing tax powers
Moodys said, in the context of heightened social tensions, they do not expect the government to be able to introduce significant revenue-raising measures in the foreseeable future.
President Ruto balances Gen Z, IMF in olive branch
Despite the offer Gen Z protesters turned up in huge numbers for the Saba Saba rally, marking the historical day of protests with calls for President Rutos’ resignation
Tik Tok… is govt running out of time to quell protests
Investors are watching how Kenya will manage the anti-tax protests and negotiate to keep International Monetary Fund (IMF) programme on course given the scrapping of the Finance Bill could derail more funding.
UAE trades free luxury jet for Kenyan goats
Specifically, there was increased domestic exports of tea to Saudi Arabia, goat meat to United Arab Emirates;
Kenya’s top export tea boils over bumper harvest
Small scale tea farmers, say it is an open secret many KTDA managers and directors have been stating KTDA is holding unsold tea in Mombasa for the last two years.
Kenya shilling wrestles the dollar down in H1
Banks are using profits to splurge on the shareholders with dividends attracting buyers and paying huge executive bonuses.
Protest scare investors from treasuries
In these few weeks of protests, banks have began treating Kenyan debt with suspicion denying the government even three month Fuliza even though the country’s interest rates are approaching 20 percent.
BrighterMonday teaches digital start-ups why advertising maters
The company claims nearly all small businesses which went through their training-95 percent, discovered the key to making online sales was curated advertisement and subsequently after the training were willing to set aside a monthly E-Commerce expense after determining the return on
Kenya eyes World Bank NYOTA to calm angry youth
The IMF had predicted unrest could reemerge in connection with protests against higher cost of living, need to raise more taxes, and electoral process supported by the political opposition.
Family Bank builds up 24 percent profit jump on stability
The bank said it made strategic investment in secure and stable investment avenues and effective asset management even as the economy continued to grapple with the adverse effects of high inflation.
