Market News


Energy Regulatory Commission Revises Forex Levy Up By 41 Percent

The forex levy has been revised up by 41 percent m/m from 0.82 shillings per kilowatt hour in November. The Energy Regulatory Commission (ERC) ...

Maize Farmers in Bungoma Cry Foul Over Cheaper Maize From Uganda
Maize
Maize farmers in Bungoma County and some parts of Busia are calling on the government to intervene following an influx of cheaper ...

Rates on Short-term T-bills Rise at Weekly Auction
Rates on Short-term T-bills Rise at Weekly Auction
Interest rates on short-term Treasury bills rose in Thursday's auction with rates on 182-day and 364-day performing better than the  91- day ...

Poor Rains, Low Productivity Leave 2.6M Kenyans Food Insecure
Poor Rains, Low Productivity Leave 2.6M Kenyans Food Insecure
The need for food assistance in Kenya remains high, even as a report shows 2.6 million people are severely food insecure. ...

Kenya Hosts the 2nd Mining Forum
mining
The government will over the next few years focus on ensuring its mineral wealth benefits the communities under a mineral royalty sharing ...

World Bank Cuts Kenya’s Growth Outlook to 4.9pc
World Bank Cuts Kenya’s Growth Outlook to 4.9pc
The World Bank has cut its 2017 growth estimate for Kenya’s economy to 4.9 percent, due to weak credit extension and ...

M-Shwari To Reduce Its Rate to Below 7.5% To Withstand Competition

Commercial Bank of Africa (CBA) and Safaricom are contemplating cutting the price of M-Shwari from the current 7.5 percent per month ...

National Treasury to Disburse Ksh 77.4Bn to County Governments
National Treasury to Disburse Ksh 77.4Bn to County Governments
President Uhuru Kenyatta has signed into law the County Allocation of Revenue Amendment Bill paving way for the National Treasury to disburse ...

Tobacco Industry: How Global Regulations are shaping the Industry

On the Global front: The Framework Convention for Tobacco Control (FCTC) welcomed an era of global tobacco regulations. FCTC proposed tax measures, ...

Is It The End of Uchumi As Julius Kipngetich Resigns?

The rain that started beating the once vibrant Uchumi Supermarket is not over yet after the resignation of its Chief Executive Officer, ...