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Government and Policy, Headlines

MPs Unanimously Oppose 600, 000 shillings Office Cuts among State Budget Reductions

Members of Parliament (MPs) have opposed a Treasury proposal to slice down 600,000 shillings allocated to each one of them to cater ...

598,507 Fraudulent SIM Cards Switched Off By Telcos in One Week

A total of 598,507 fraudulent SIM cards have been switched off by telcos in a period of one week following a directive ...

Average Interbank Rates Dips To 3.6 Percent

Shilling Secondary Turnover Gikomba Market

The average interbank rate declined to 3.6 percent from 4.2 percent the previous week according to stats contained in this ...

T-Bill Subscription Spikes During The Week as Government Re-opens Two Bonds

T-bills were oversubscribed last week, with the overall subscription rate coming in at 123.9 percent a decline from 181.1 percent ...

ERC Reduces Price of Super Petrol with Kerosene Increasing by 10.71 Shillings More

The Energy Regulatory Commission (ERC) has released the new and recalculated prices of fuel that will take effect from September 21 to ...

World’s 10 Fastest Growing Economies in 2018: Africa Takes The Lion’s Share

The World Bank has released a list of top 10 fastest growing economies in the world with Africa taking the lion’s share....

It Is Official: Kenyans Now Handed Over To The Taxman To Be Choked

It is now official that Kenyans have been handed over by their Members of Parliament to the hungry taxman to be taxed ...

Hundreds Drown with More Than 200 Feared Dead as MV Nyerere Ferry Capsizes

A Tanzanian ferry, MV Nyerere, on Thursday afternoon capsized in Lake Victoria claiming more than 163 lives with fears of the number rising ...

Top Foreign-Based Supermarket Chains in Kenya

The vibrant entry of multinational chain stores into the Kenyan market has stiffened competition pushing out local retailers whose wings barely go ...

Secondary Market Turnover Spikes To 2.37 Billion Shillings in Wednesday’s Session

Secondary market turnover rose to 2.37 billion shillings from 1.24 billion shillings in Wednesday’s session which was mainly attributed to ...

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