Category: Economy
-
The Inauguration of Linzi Sukuk Bond: A New Era for Islamic Finance in East and Central Africa
On July 31, 2024, the Nairobi Securities Exchange (NSE) saw a…
-
Investors Opt for Short-Term Gains as CBK Raises KSh 23 Billion Amid High Interest Rates
The Central Bank of Kenya (CBK) recently raised KSh 23 billion…
-
Proposed Kenya’s New Livestock Bill Imposes Heavy Fines on Unregistered Farmers
The proposed Livestock Bill 2024, introduced by Kikuyu legislator Kimani Ichung’wa,…
-
Amsons Group’s Bold KShs 23.59 Billion Bid to Delist Bamburi Cement from NSE
Amsons Industries, part of Tanzanian Amsons Group, plans to delist Bamburi…
-
Kenyan Microfinance Banks Report KSh 2.4 Billion Pre-Tax Loss in 2023 Because of Rising Expenses and Stiff Competition
Kenya’s microfinance banks (MFBs) are grappling with substantial financial setbacks, recording…