Tharman Shanmugaratnam, visiting Deputy Prime Minister (DPM) and Coordinating Minister for Economic and Social Policies, told a media briefing in Nairobi that Kenya has one of the most developed financial services sectors in Africa. “Singaporean
Global rating agency Fitch has accorded KCB Group a stable outlook with a B+ score, on the back of solid earnings and a strong capital buffer. The agency also cited the bank’s strong domestic retail
ASL Limited, previously known as Associated Steel Ltd, has been accorded a stable outlook by South African-based Global Credit Rating (GCR), on revenue improvement on the back of contributions from its chemical division. The firm
Some 550 Chinese companies will be scouting for deals during the China Trade Week exhibition set to take place in Nairobi between June 13 and June 15. The trade fair, which is in its fourth
The interbank rate eased further this week, hitting 4.97 per cent on Thursday on the back of increased borrowing by the larger financiers, forcing rates to come down further. This was about the same level
In an evening in 1952, princess Elizabeth of the United Kingdom went up the Treetops Hotel near Nyeri town in Kenya’s central highlands with her husband Philip. The hotel was built on top of trees
The World Bank’s private sector lending arm, the International Finance Corporation (IFC), has invested Sh17.7 billion in two Kenyan companies in the first two months of the year in a move that signals increased interest
The State is targeting innovative developers to raise the bulk of the estimated Sh2.3 trillion to implement President Uhuru Kenyatta’s affordable housing project. The Principal Secretary for Housing and Urban Development Aidah Munano said on
Partech Ventures has launched a Sh10 billion ($100 million) investment fund targeting tech startups in Africa, with Kenya being one of the key focus countries. The venture capital firm said it has so far secured
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