economy

economy

Business leaders pledge support for multilateralism as the United Nations turns 75

Author: SARA OKUORO AfricaPress-Kenya: 27 Chief Executive Officers from Kenya have signed a Statement from Business Leaders for Renewed Global Cooperation, showing support for the United Nations and...

Thousands more to lose jobs, employers now say

Author: WAINAINA WAMBU AfricaPress-Kenya: Employers are expected to lay off thousands of workers in the next six months after more than half of the firms in...

High Court orders Kicomi to pay Trust Bank Sh79m

Author: EVERLYNE KWAMBOKA AfricaPress-Kenya: The High Court has put to an end a legal battle between Kisumu Cotton Mills (Kicomi) and a bank that has lasted for more...

Amina Mohamed says she will focus on climate change if selected as WTO head

Author: REUTERS  AfricaPress-Kenya: Amina Mohamed, who is the East African nation’s sports minister, progressed to the second round of selection to become the next director-general of...

More options should be explored to unlock credit access by SMEs

Author: RADING BIKO AfricaPress-Kenya: The Small and Medium Enterprises (SMEs) are the driving force of economic development in Africa, accounting for 90 per cent of all...

CMA raises alarm over safety of Cytonn fund

Author: WAINAINA WAMBU  AfricaPress-Kenya: The Capital Markets Authority (CMA) has raised alarm over the failure by Cytonn Investments to honour matured investors’ claims amounting to more than...

Treasury moves to inject more pension funds in housing sector

Author: AWAL MOHAMMED AfricaPress-Kenya: Kenyans will be able to purchase houses using their savings in pension schemes, as the government adds more energy into the...

Kenya harnesses fly larvae’s appetite to process food waste

Author: REUTERS AfricaPress-Kenya: Rotten bananas? Mushy avocados? Pulped oranges? Talash Huijbers wants them all. The 25-year-old is the founder of Insectipro, a Kenyan farm rearing black soldier...

New digital platform to ease NSE transactions

Author: SARA OKUORO AfricaPress-Kenya: The Nairobi Securities Exchange (NSE) has launched an instant messaging application that responds directly and automatically to inquiries from investors to enhance...

EADB defends judge Tuju wants fired over Sh1.6b case

Author:  KAMAU MUTHONI  AfricaPress-Kenya: East Africa Development Bank (EADB) on Tuesday defended a judge who Jubilee Secretary General Raphael Tuju wants to be fired for alleged...