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World Bank adds Sh588bn to Kenya's debt stock

Nairobi, July 1 -- The World Bank Group has added Sh588 billion in securitised revenues and pending bills to Kenya's debt stock, revealing a greater debt burden than that captured in official governme... Read More


SKL spends Sh132m on Kisaju plant to lift output sevenfold

Nairobi, June 29 -- Listed corrugated carton manufacturer Shri Krishana Overseas Plc (SKL) has spent Sh132 million on its new Kisaju industrial plant, which is expected to increase its annual producti... Read More


Rising interest rates lift money market fund returns

Nairobi, June 29 -- Rising interest rates on Treasury bills and other short-term debt instruments have helped lift returns offered by money market funds (MMFs), which invest primarily in commercial ba... Read More


Micro traders push M-Pesa Pochi users past business tills

Nairobi, June 28 -- The proliferation of micro traders such as food vendors, kiosk owners, boda boda operators and second-hand clothes sellers has pushed adoption of M-Pesa's Pochi la Biashara wallets... Read More


David Rogovic on why Kenya has weathered the economic shocks of the Iran war

Nairobi, June 25 -- The Business Daily spoke to David Rogovic, Vice President and Senior Credit Officer at global ratings agency Moody's on the shape of Kenya's macros amid the shock resulting from th... Read More


Investment banks pivot to unit trusts in fees hunt

Nairobi, June 24 -- Investment banks have transitioned into fund management, unveiling collective investment schemes/unit trust businesses and joining a 'gold rush' underpinned on strong interest in p... Read More


How strong macro buffers are seeing Kenya through Iran shock

Nairobi, June 24 -- Kenya's strengthened macroeconomic buffers, including a narrower current account deficit and sizable official reserves, have helped the country absorb shocks from the US-Israel war... Read More


Flora Mutahi joins Ecobank Kenya board

Nairobi, June 23 -- Ecobank Kenya has appointed Flora Mutahi to its board as part of a strategy to strengthen the strategic leadership of the lender, which focuses on small and medium enterprises (SME... Read More


Kenya eyes cheaper loans tied to electricity, forestry targets

Nairobi, June 23 -- Kenya is seeking to lower its cost of borrowing by committing to reduce its forest cover losses and lift electricity connections as key performance indicators in a bid to unlock at... Read More


CBK raises extra Sh29bn from June bonds amid funding pressure

Nairobi, June 23 -- The Central Bank of Kenya (CBK) has raised an additional Sh29.2 billion from the tap sale of June bonds as it races to close out domestic borrowing programme for the 2025/26 fiscal... Read More