The Kenyatta family has built one of the most diversified business portfolios in Kenya’s economy, with investments spanning agriculture, dairy processing, banking, real estate, media, education, and hospitality. While ventures such as Brookside, NCBA Bank, Northlands City, and Peponi Schools are widely recognised, the family’s footprint in the hospitality industry has largely operated away from […]
Schoolgirls who have reached puberty will now receive free sanitary towels from the government, a new law aimed at minimising absenteeism and putting them at par with their male counterparts says. The Basic Education Amendment Act places the responsibility of providing free, sufficient and quality sanitary towels on the government in order to reduce the […]
Beijing is withholding the $4.9 billion needed to finish the project, once a flagship for Xi Jinping’s Belt and Road initiative. Gleaming concrete sleepers run across a new railway bridge in Kenya, the latest stretch of a Chinese-built line from the coast all the way to Uganda. Only, it doesn’t quite reach the border. Instead, […]
Central Bank of Kenya (CBK) Governor Patrick Njoroge on Wednesday confirmed that Kenya was considering adopting the Chinese Yuan as a reserve currency. Njoroge was at the Guangzhou-Foshan Nairobi Business forum when he was questioned on the issue by a Chinese gentleman. In response, Njoroge highlighted the dynamics of the world economy before stating that the move was ‘inevitable’. “It […]
President Uhuru Kenyatta has today signed into law the Finance Bill 2018. The Bill, passed by the National Assembly yesterday, reflects the President’s recommendations for a reduction of VAT on petroleum products from 16 to 8 per cent among other amendments on various taxes. President Kenyatta also signed into law the Coast Guard Bill 2018 […]
Former Prime Minister of Kenya, Raila Odinga is expected in Ghana on Thursday as a guest at the burial ceremony of former UN Secretary-General Kofi Annan in Accra. Mr. Odinga’s Spokesman, Dennis Onyango told the media Mr. Odinga who leads the opposition Orange Democratic party will arrive in Ghana after stopping over briefly in the […]
