Kibera’s Renewable Energy Project Faces Collapse as AfDB Exits
NAIROBI, Kenya- A multi-million shilling renewable energy project in Nairobi's Kibera might never kick-off, after the main financier exited.
The African Development Bank (AfDB) exited...
Family Bank Eyes Regional Expansion with New Holding Company
NAIROBI, Kenya – Family Bank has announced the formation of a special purpose company to manage its shares, signaling a bold move towards regional...
Small Banks Face Uncertain Future as Kenya Plans Major Capital Reforms
NAIROBI, Kenya - In a move that could reshape the landscape of Kenya’s banking sector, the Treasury has announced plans to raise the minimum...
Electricity Bills to Spike by Sh3.50 Per Unit Despite Lower Fuel Prices
NAIROBI, Kenya - The Energy and Petroleum Regulatory Authority (EPRA) has announced a significant increase in electricity bills.
The power bills are set to increase...
Major Changes in Finance Bill 2024 After Public Outcry. Inside Details
NAIROBI, Kenya- National Assembly Finance Committee has adopted major changes to the controversial Finance Bill 2024, after a major public outcry.
The changes were revealed...
