Jimmy Mbogoh
130 Articles
Treasury to penalise State agencies failing to implement development plans
According to the Principal Secretary in the State Department for Economic Planning, Dr Bonface Makokha, the move is aimed at reining in stalled projects and restoring discipline in public spending.
Iconic Teleposta Towers set for sale in major pension portfolio shift
According to Teleposta Pension Scheme management, the move to pivot from overreliance on assets to liquidity is part of the scheme to ensure that it offers its members a return that takes into account the inflationary pressures they face day to day, arguing that some take home as little as Ksh.11,89...
Kenya Pipeline shares debut on NSE at Ksh.9.30
President William Ruto said this is a strategic shift in how Kenya finances its development, moving away from excessive reliance on debt and taxation.The listing is expected to expand opportunities for investors while elevating the stature of the NSE from a frontier market to emerging market standar...
Kenya to experience minimal oil supply disruptions: EPRA says
According to EPRA Director General Daniel Kiptoo there could be a possible change to the loading port to counter the effect of the closure of the Strait of Hormuz, a key shipping line that controls nearly 20 percent of global oil supply.
Kenya to receive Ksh.50.3B World Bank funding to boost digital infrastructure
The Ksh.50.3 billion financing under the Kenya Digital Economy Acceleration Project will support the adoption of the Open Fibre Data Standard and the development of a secure, shared fibre infrastructure database.
GT Bank appeals CAK order after regulator cites misleading representation
In a statement, the bank said the matter is now sub judice and it would therefore be inappropriate to comment extensively while it is pending before the tribunal.
Gov't to introduce SACCO reforms to safeguard members' savings
According to the Principal Secretary in the Ministry of Co-operatives and Micro, Small & Medium Enterprises (MSMEs) Development, Patrick Kilemi, the proposed fund will mirror protections offered to commercial bank depositors, cushioning SACCO members against losses in the event of institutional...
Kenya bets on digitisation to boost intra-Africa trade
The platforms dubbed BiasharaLink and Deal House are expected to provide a common platform for capturing and organising opportunities, transforming informal leads into institutional assets, ensuring that trade and investment prospects are documented, monitored, and pursued....
Kenyan banking sector stable despite high non-performing loans: Moody’s
The firm warns that Kenya's banks profitability may soften in 2026 from a 2025 peak, but will remain solid. Moody’s points out that the decline may come from non-performing loans, which will remain high.The latest Moody's rating of Kenya’s banking industry has placed the sector at B3, representing a...
Kenya Bankers Association calls for 5% salary tax reduction to boost households
The bankers' umbrella body is now calling on the government to cut salary taxes by at least five percent across the board, arguing that the move would ease pressure on household incomes and stimulate economic activity.