The National Treasury has met 17.40% of its net domestic target for the FY2022/23 compared to 39.10% at the same time in the FY2021/22.
Author: Muindi
Muindi
Experience working on communication and marketing departments and in the broadcast industry. Interested in sustainable development and international relations issues.
This is the third time Shelter Afrique has extended a line of credit to MSD since 2016.
Shareholders of KCB Group have approved the proposed acquisition of the DRC-based lender Trust Merchant Bank SA (TMB). At the Extra Ordinary General Meeting (EGM) shareholders gave their nod to enable the bank to accelerate the acquisition process. “The approval of the transaction demonstrates the confidence our shareholders have in the financial and strategic benefits of the transaction and the value it provides our regional clients and communities,” said KCB Group CEO Paul Russo. “The transaction is expected to close before the end of the year, subject to regulatory approvals and other customary closing conditions.” The deal will see KCB…
An authorized securities dealer is a person authorized to deal in securities and operate in a specified market segment as may be prescribed by the Authority.
Kenya earned Sh25.2 billion ($210 million) from exporting coffee in the 11 months to August 2022 compared to Sh15.5 billion ($129 million) in the 11 months to August 2021. Data from the Nairobi Coffee Exchange (NCE) attributed the growth to higher volumes and better prices in the international market on the back of a shortfall in supply from leading producers Brazil and Colombia. The number of bags sold through the auction grew by 52.58% from 377,204 in the previous season to 575,543 at the end of the review period. The average price per kilogramme increased from $279.41 last year to…
Former Kenya President Uhuru Kenyatta will continue chairing the Ethiopia and eastern Democratic Republic of Congo (DRC) peace talks. President William Ruto made the announcement while delivering his speech at Kasarani on Tuesday, September 13, after he was sworn in. “On peace initiative in our region, in Ethiopia and the Great Lakes region, I have asked my elder brother President Uhuru Kenyatta who has done commended able engagement with those regions and he has graciously agreed to continue chairing those discussions on behalf of the Government of Kenya,” President Ruto stated. https://twitter.com/WilliamsRuto/status/1569672246850904065?s=20&t=l9bcJ-68SNYWfMavvmWJZQ “I have committed that the Govt of Kenya…