Standard Bank targets micro-merchants, invests in fintech
Standard Bank buys stake in local fintech firm Nomanini, which connects informal merchants with distributors via an e-wallet...
Tag : Kenya
Kenya to export first ever oil consignment worth $12 mn
ChemChina buys 200,000 barrels of crude oil from Kenya, to be shipped from the Mombasa port...
Kenyan banks seek amendment of interest rate capping law
Kenya Bankers Association asks parliament to increase the interest rate capping limit for industries to flourish...
Kenya in favour of Qatar Petroleum’s deal on oil blocks
Petroleum Principal Secretary Andrew Kamau said the approvals will be given for the oil blocks’ acquisition...
Kenyan traders reluctant to use SGR, fearful of losses
Kenyan authorities issue directive that all cargo imports will be transported from Mombasa to Nairobi via the Standard Gauge Railway...
Government announces nationalisation of Kenya Airways
Kenya Airways, which is operating under huge debts, to be nationalized in a 2-year plan....
Kenya, Tanzania plan to explore natural gas trading
Tanzania President John Magufuli said “We have natural gas, a lot of gas. We know Kenya needs gas”...
China puts forward conditions before investing in Kenya, Uganda SGR
Both countries must work on standard gauge railways financing modalities to receive funding...
London-listed Anglo African to buy Kenya oil logistics firm for Sh3.6 bn
Anglo African Agriculture shareholders will not assume more than 5% in the new combined entity...
Kenya Power grants second audit contract to Deloitte for Sh18.2 mn
Deloitte is expected to audit the firm’s information technology systems for a period of 60 days in a ‘comprehensive and independent’ manner...