Kenya’s GDP grows to Ksh.15.1 trillion in 2023

This is according to the latest data from the Kenya National Bureau of Statistics (KNBS, which shows that Kenya’s GDP currently stands at Ksh.15.1 trillion with a GDP per capita of $2,097.

Concern as Kenyans borrow from multiple digital lenders amid financial constraints

Data from the Digital Financial Services Association of Kenya shows that digital lenders in Kenya serve a total of 8 million customers disbursing between Ksh.10 billion to Ksh.15 billion per month.

What Kenya will gain from President Ruto's US visit

Kenyan exports to the US have grown 35 per cent in the last decade. However, the government is seeking to increase this in the forthcoming visit.The State visit will see two Kenyan companies open up shop in Atlanta and Colorado.

Kenyan digital workers subjected to mundane jobs, poor pay - Report

This is according to a report by the non-profit lobby group Siasa Place dubbed ‘Unemployment and Digital Jobs Youth Perspectives’ on the changing nature of work. The lobby group will now work with legislators to address gaps in the labour laws which they say have...

Kenya mulls crypto mining to fund energy needs

Ruto who was addressing investors at the recently concluded America Chamber of Commerce (AmCham) business summit in Nairobi noted that Kenya has been engaging American companies, including Microsoft and Arbor Healthcare, to deepen their partnerships with local public and private sector organizations...

M-Kopa to invest Ksh.1.3 billion in electric motorcycle deal with Bolt

In a deal that will see boda boda riders pay between Ksh.10,000 and Ksh.15,000 in the acquisition of the e-motorcycles worth over Ksh.200,000. The remainder of the cost will be covered by M-Kopa.

[VIDEO] KQ CEO Allan Kilavuka on the Equity Investment Deal

Kenya Airways to sell up to 49 per cent of its shares in equity deal

According to the airline's CEO Allan Kilavuka, numerous investors have expressed interest in the Kenyan carrier.He is optimistic that the capital injection could turn the tide for the airline returning it profitability.

Kenyan CEOs concerned over declining demand for goods, high cost of doing business

According to the company bosses, the business environment and particularly the cost of doing business, increased taxation, the economic environment, and declining consumer purchasing power are the main domestic constraints to growth and expansion in the near term.

Equity recommends Ksh.15.1B dividend, despite net earnings dropping 5pc in FY23

Equity Group's board has recommended a dividend payout of Ksh.15.1 billion, with the shareholders set to receive a payout of Ksh.4 per share, increasing the dividend yield to 11.9 percent from 8.8 percent the previous year, meaning that 36 percent of the bank's earnings will go back to its sharehold...