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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


I&M Bank poaches Absa Kenya CEO Abdi Mohamed

Nairobi, June 29 -- I&M Bank has poached its larger rival Absa Bank Kenya's chief executive Abdi Mohamed, underscoring the ambitions of the smaller lender that has been expanding aggressively in recen... Read More


UN agency opens audit after Sh1.5bn theft in Kenya project

Nairobi, June 29 -- The United Nations (UN) has opened an audit of one of its programmes in Kenya after investigations revealed that some senior Treasury officials siphoned Sh1.55 billion for personal... Read More


Kenya's MSME growth problem

Nairobi, June 29 -- As Kenya marked the World MSME Day, policymakers, development partners, financial institutions and business leaders once again reflected on one of the country's most pressing chall... Read More


Beyond informal: Africa's industrial future will be built from below

Nairobi, June 29 -- When discussions about industrialisation arise, attention quickly turns to industrial parks, multinational corporations and billion-shilling investments. Yet this conventional pic... Read More


Strategic lessons for Kenya from the US-Iran conflict, Hormuz disruption

Nairobi, June 29 -- The US-Iran conflict and the disruption of the Strait of Hormuz has shown us how modern conflicts spread their effects far beyond the battlefield. Iran's use of the Strait in its n... Read More


Kenya nuclear energy plan poses no attack threats

Nairobi, June 29 -- As Kenya accelerates its industrialisation agenda, the conversation around our energy mix has reached a critical turning point. The government's strategic decision to construct a 2... Read More


Kenya edges out Tanzania in race for Rwanda fuel imports

Nairobi, June 29 -- Rwanda has chosen Kenya's transport corridor over Tanzania's for its government-to-government (G-to-G) refined fuel importation programme, underscoring Nairobi's superior ports and... Read More


Court restores banks' right to pursue loan guarantors

Nairobi, June 29 -- The Court of Appeal has restored authority to banks to enforce guarantees after restructuring defaulted loans, ruling that guarantors remain bound where they expressly agreed that ... Read More


Why staff benefits matter just as much as the salary

Nairobi, June 29 -- On paper, my pay is competitive, but my employee benefits fall short of my needs and it is starting to affect how I feel about this job. Is it fair to factor this into my decision ... Read More