Report: Kenyan firms eye new markets, digitization, and cost management for growth
Private sector firms in Kenya are cautiously optimistic about their growth prospects over the next year, despite facing multiple headwinds ...
Friday, June 13, 2025
Tag: Kenya
Report: Kenya’s loan oversight marred by violations, poor disbursement
A damning parliamentary report reveals major deficiencies in Kenya's management of external loans from May 2022 to April 2023, citing ...
NCBA Bank raises loan rates for third time in six months
NCBA Bank has announced that it will increase its loan interest rates for the third time in six months, effective ...
Absa Bank denies data breach in KES 1.5 billion lawsuit
Absa Bank Kenya has denied any involvement in a data breach lawsuit that seeks KES 1.5 billion in damages from ...
Kenya considers conservation fees for foreign visitors
Kenya, renowned for its stunning landscapes, diverse wildlife and vibrant culture, has long been a top destination for travelers from ...
Cabinet approves KES 117 billion write-off for Kenya’s sugar sector
Kenya's cabinet approved writing off KES 117 billion in loans and tax arrears owed by public sugar mills on Monday, ...
Kenya quadruples imports from Russia and Ukraine in six months
Data released by the Kenya National Bureau of Statistics shows expenditure on imports from Russia and Ukraine surged nearly fourfold ...
Ruto rules out sugar factory privatization, opts for leases
President William Ruto said Sunday the government will lease sugar factories in a bid to revive the ailing sector. Speaking ...
Kenya’s hospitality industry poised for growth as chains plan 25 new hotels
A new report by W-Hospitality Group on hotel development in Africa, Kenya ranks fifth among the top 10 countries surveyed, ...
Gachagua says fresh China loan on the cards, rejects overborrowing claims
In a wide-ranging radio interview that aired Friday, Deputy President Rigathi Gachagua staunchly defended the Kenya Kwanza administration against criticism ...
