CBK woos Kenyans abroad with investment incentives

Central Bank of Kenya (CBK) is looking at developing a framework that will offer special incentives to Kenyans abroad who set up businesses back at a home. Governor Patrick Njoroge says the findings of a survey the bank ran on Kenyan diaspora and recipients locally will inform the development of a facilitative policy that encourages increased targeted More...

by admin | Published 2 weeks ago
By admin On Tuesday, March 30th, 2021
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A first as Ngũgĩ wa Thiong’o is nominated as author and translator for the International Booker Prize

Ngũgĩ wa Thiong’o has become the first writer to be nominated for the International Booker prize as both author and translator of the same book, and the first nominee writing in an indigenous African language. The More...

By admin On Thursday, March 25th, 2021
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ALL SYSTEMS GO AS KENYA-UK TRADE DEAL COMES INTO FORCE

Status of the Agreement On 3 November 2020, Kenya and the UK signed the Kenya-UK Economic Partnership Agreement (the EPA) to continue the preferential zero tariff and zero quota trade of goods between the two countries. More...

By admin On Monday, February 1st, 2021
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KENYA-SOMALI RELATIONS CONTINUE TO DETERIORATE

Tensions between Kenya and Somalia continued to rise this week, with Somalia’s information ministry releasing a statement accusing Kenya-funded and -trained rebels of crossing into Jubbaland. As of Thursday, More...

By admin On Friday, January 1st, 2021
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Africa’s Journey of a thousand Miles’ under AfCFTA

By: Agnes Gitau Africa’s journey of a Thousands miles begins today under the Africa free trade agreement ‘ AfCFTA’. This is Africa’s opportunity towards recovery and prosperity and ultimately More...

By admin On Wednesday, December 30th, 2020
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Telcos are the new banks’ – Safaricom Plc sets eyes on Kenya’s Money Market

Safaricom Plc, Kenya’s leading mobile firm, is looking for partnerships with fund managers and investment banks as it seeks to become a fully-fledged financial services provider. “Safaricom Plc is in negotiations More...

By admin On Monday, December 14th, 2020
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Kenya to receive kshs. 444 Million in stolen assets stashed abroad – UK High Commissioner Confirms

Kenya is to receive the first transfer of KSh 444 Million in stolen assets stashed abroad. This is part of ‘The Framework for the Return of Assets from Crime in Kenya’ initiative signed two years ago between More...

By admin On Monday, December 14th, 2020
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East Africa Court of Justice halts implementation of 25% duty on glass imports imposed by Kenya

Tanzanian glass container manufacturer, Kioo Limited breaths a sigh of relief following the East Africa Court of Justice (EACJ) halting the implementation of the 25 percent excise duty on imported glass bottles More...

By admin On Sunday, December 13th, 2020
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2021 Africa Macroeconomic outlook

The coronavirus pandemic continues to upend lives and livelihoods globally plummeting economic growth in individual countries. Although the SSA region may have been spared the rate of infections recorded in advanced More...

By admin On Sunday, December 13th, 2020
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Kenya’s ice cream, chocolate maker Glacier Products clinches investment from EXEO Capital

KENYA – Glacier Products Ltd, one of Eastern Africa’s leading ice cream and chocolate confectionery manufacturers operating from Kenya has received an undisclosed amount of investment from EXEO Capital, a More...

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