Business news
Insurance claims from floods rise to Sh5 billion
The Sh5 billion bill has put a strain on insurers.
Kenya, IMF fallout deepens as State firms’ sale blocked
Kenya, which is awaiting a long-delayed $600 million (Sh77.5 billion) IMF tranche, is in a dire...
Personal integrity remains key to business and national prosperity
The country is rife with power abuses, waste, and the reckless pursuit of illicit wealth.
Sustainable path to debt relief
The strain caused by high debt can also lead to social unrest and political instability.
‘Girder’ your loins to pull a trailer…
What sort of reinforcement does a car need in order to mount a ball hitch for towing a light...
Main reasons that end a car’s life…
If the spend will be greater than the rescued car’s market or utility or sentimental value...
MPs top the list of Sh64bn Sacco loan defaulters
Sasra data shows that Parliamentarians Sacco had a default ratio of 29.73 percent of its loan...
Centum cuts exchange rate risk with switch to shilling loans
Centum’s stock of dollar-denominated loans stood at Sh8.03 billion in March 2024, up from Sh7.3...
Moi, Egerton, Mombasa varsity cut staff perks on cash crunch
University dons are currently on strike in a bid to push for pay increments and settlement of...
Safaricom taps additional Sh15 billion sustainability loan
The loan is the second tranche of the facility, the proceeds of which will be used to implement...
Anti-money laundering measures as an antidote to banking fraud
One of the main incentives of implementing anti-money laundering measures is to avoid...
Net external borrowing to halve to Sh167bn in next financial year
Fiscal projections published by the National Treasury show that domestic lenders are expected...
