Ruto’s bold move to privatize Kenyan sugar companies takes off
The Ministry of Agriculture has initiated the solicitation of bids for the sale of Western sugar companies as part of ...
Thursday, January 16, 2025
Tag: Kenya
Cabinet approves treasury single account to boost fiscal oversight
In its first meeting of 2024, Kenya's cabinet approved implementing a Treasury Single Account (TSA) system for government banking, a ...
Kenya excluded in top 20 fastest growing economies in 2024 as Uganda, Tanzania make it
Kenya has failed to secure a position among the top 20 fastest-growing economies in the Africa Outlook 2024 ranking conducted ...
IMF set to approve KES 109 billion to Kenya
The International Monetary Fund (IMF) is set to convene on Wednesday to conclude the sixth review of its arrangement with ...
Kenya triumphs over Nigeria in tech investment
Kenya has emerged as the predominant hub for technology investments, surpassing Nigeria in the race for startup funding. According to ...
Kenya cracks down on bouncers, event security with new rules
The Kenyan government is launching a mandatory nationwide licensing and training program for security personnel at entertainment and sporting events, ...
CMA admits fintech app enabling workers to invest wages in money market fund
The Capital Markets Authority (CMA) has announced the admission of Frictionless Enterprises Limited to its regulatory sandbox. The fintech firm ...
15 people killed in matatu-bus collision along Nakuru-Eldoret highway
A tragic road accident claimed the lives of 15 individuals today morning. The incident occurred around 2:45 am at the ...
Kenya leads renewable energy revolution with BESS consortium
Kenya, along with eight other African nations, is part of a consortium focused on leading the development of battery storage ...
Effects of money laundering on Kenya’s economic development
Money laundering, a pervasive global financial hazard, poses myriad challenges to burgeoning economies, impeding their progress and hindering growth. An ...
