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The Capital Markets Authority (CMA) is set to crack down on errant listed firms with the new, stringent corporate governance regulations that are poised to become law.
The Central Bank of Kenya (CBK) revealed the overwhelming interest as it announced the licensing of an additional 41 firms, bringing the total number of regulated lenders to 126.
The Stanbic PMI for May fell below the 50.0 mark for the first time since September last year, signalling a deteriorating economic health.
Europe’s largest tour operator, TUI, has suspended its planned expansion in Kenya, including the development of new hotels, after being denied a crucial charter licence.
Kenyan businesses have been urged to participate in the upcoming Intra-African Trade Fair (IATF 2025) in Algeria.
For companies like Kenya Airways (KQ), the system offers a potential lifeline against persistent issues of blocked funds.
It saw Kenya and China elevate their relationship to a strategic partnership and sign 22 Memoranda of Understanding (MoUs) spanning infrastructure, trade, health, and security.
Mudavadi’s visit follows President William Ruto's state visit to China in April, where he and Chinese President Xi Jinping outlined broad areas of cooperation.
Kenya is pressing its largest bilateral creditor, China, to finalise a crucial financial cooperation agreement by the end of this month, which marks the start of a new financial year.
The Bretton Woods institution has demanded deep cuts to public spending, which could impact public jobs as part of a new funding deal.
Chinese President Xi Jinping said the move provides ‘new impetus’ for shared development in a world defined by ‘changes and turbulence’.
Firms say regulations could undermine their competitiveness and inadvertently fuel the illicit alcohol market.
IFC has disbursed Sh2.6 billion Centum RE to finance the construction of 1,940 affordable, energy-efficient homes in Nairobi’s Two Rivers Development.
The banking regulator will extend the operating hours of its critical national payment system from July 1, aiming to significantly boost Kenya’s transition towards a round-the-clock digital economy.
China is committed to implementing zero-tariff treatment on all tariff lines for 53 African nations with which it maintains diplomatic relations.
China on Wednesday hinted that Kenya’s urgent request for a key financial cooperation pact is likely to succeed.
Kenya is bracing for significant economic repercussions as the escalating conflict between Iran and Israel threatens to disrupt global trade routes.
Kenya is increasingly pivoting towards Beijing, seeking to leverage China’s expanded zero-tariff trade policy to address a widening trade imbalance that favours the Asian economic giant.
Under his command, Afreximbank became the operational backbone of Africa’s integration ambitions.
The hospital will offer comprehensive blood tests, known as full haemograms (which analyse red and white blood cells, haemoglobin, and platelets), for Sh500
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