News Kenya Finance: Kenya: City Hall Plans to Raise Parking Fees to Sh400
The plan was however shot down by MCAs who capped it at Sh200. Nairobi County Finance and Economic Planning Executive Mr Charles Kerich said the new charges are part of a raft of measures that the ...
News Kenya Finance: Governor Muriithi to appoint new finance boss
The ousted Laikipia County CEC member for Finance Murungi Ndai (left) and Governor Ndiritu Muriithi inspecting a road in Nyahururu. [Christine Gatuka/Mt Kenya Star] Laikipia MCAs have ousted County ...
News Kenya Finance: Finance Forum Brings African WIP Into Focus at Durban FilmMart
Recent editions of the Finance Forum have helped launch the festival careers of films like Un Certain Regard selection “Rafiki,” by Kenya’s Wanuri Kahiu; “Amal,” Mohamed Siam’s ...
News Kenya Finance: Kenya: Boost for Blue Economy As President Kenyatta Commissions Bandari Maritime Academy
Kenya's efforts to position the blue economy sector as a key driver of the country's transformation today received a major boost with the commissioning of the Bandari Maritime Academy in Mombasa County.
News Kenya Finance: Kenya: Collymore's Death Dashes Safaricom's Plan to Name New CEO
Safaricom had already settled on an outsider to replace the late Bob Collymore as its next chief executive officer and was preparing to make the announcement but the plan was scuttled by the Mr Collymore's sudden death.
News Kenya Finance: Kenya Among 38 Nations Pledging $152mn for Sustainable Urbanisation
Kenya, Egypt, South Africa, Nigeria, Gambia, Morocco, Senegal and Malawi are among governments that have committed to finance the plan which seeks to upscale the realisation of Sustainable ...
News Kenya Finance: Kenya engages World Bank for Sh75 billion loan for budget support
Officials at the ministry of finance did not immediately respond to Reuters’ request for comments. Kenya raised Sh 210 billion ($2.1 billion) in a sovereign bond this month, but some critics have ...
News Kenya Finance: NIC Bank collaborates with AGF to provide better loan facilities for SMEs in Kenya
In order to help businesses to better access finance, NIC Bank Kenya Plc has signed a KSh515,000,000 ($5 million) Loan Portfolio Guarantee with the African Guarantee Fund (AGF) specifically for small ...
News Kenya Finance: Kenya: Pre-Budget Report Says Govt Hanging at Edge of Debt Trap
Recently, the World Bank approved a Sh75.9 billion loan to Kenya which will majorly finance the government's big four agenda. The report by World Bank revealed that it is for the first-time ...
News Kenya Finance: International Finance Corporation to fund National Cement Company’s acquisition of ARM assets in Kenya
National Cement Company Ltd, a subsidiary of Devki Group with interests in cement and other products has sealed a deal to buy out the Kenyan assets of ARM Cement Plc, crucial Kenyan mining, and ...
News Kenya Finance: Kenya: Time to Reflect As Fossil Fuels Run Amok
Opinion - Events have been organised across Africa today and tomorrow to demand climate justice and the end of fossil fuels investments, which are causing a climate crisis on a planetary scale.
News Kenya Finance: Kenya: Govt Says Local Projects to Fund Naivasha-Kisumu SGR Line
Kenya will not rely on foreign funding to finance the multi-billion-shilling standard gauge railway (SGR) extension from Naivasha to Kisumu, the government now says. The government has said it is ...
News Kenya Finance: Kenya: Agriculture Masterplan Requires U.S.$2.2 Billion
Kenya requires a staggering $2.2 billion to ... Another $2 billion is needed to finance infrastructure projects like roads in areas with high agricultural potential to ensure that produce reaches ...
News Kenya Finance: Legacy of lunacy haunts Kenya's old railway
Kenya was born, but the human and financial toll was enormous ... about $3.6 billion to build, finance and, initially, operate a Standard Gauge Railway (SGR) between the capital of Nairobi and Mombasa ...
News Kenya Finance: A legacy of lunacy haunts Kenya's old railway. Will China's $3.6B line be different?
Kenya was born, but the human and financial toll was enormous ... about $3.6 billion to build, finance and, initially, operate a Standard Gauge Railway (SGR) between the capital of Nairobi and Mombasa ...
News Kenya Finance: Kenya Issues Yet Another Sh210 Billion Eurobond
Nairobi — Kenya has issued another Sh210 billion Eurobond that will be used to finance the budget and repay an earlier acquired bond. In a statement, the Treasury Cabinet Secretary Henry Rotich ...
News Kenya Finance: MPs want Kenya Airways and KAA merged to rescue the pride of Africa
Kenya Airways is currently 48.9 per cent owned by government ... costs of staff, fleet ownership leases, finance costs, landing and navigation costs as the main reasons for KQ’s fall from grace. Now, ...
News Kenya Finance: Kenya secures funding to boost mortgage finance access to households
NAIROBI, May 17 (Xinhua) -- The African Development Bank (AfDB) has approved a 10 billion shillings (about 100 million U.S. dollars) loan to boost mortgage finance access to lower and middle income ...
