economy

economy

Russian government restricts export of petrol, diesel

Russian government restricts export of petrol, diesel

Africa-Press - Kenya. The Russian government on Thursday imposed a temporary restriction on the export of petrol and diesel in order to stabilize prices...
CMA directs forex brokers to increase disclosures

CMA directs forex brokers to increase disclosures

Africa-Press - Kenya. The Capital Markets Authority (CMA) has released new guidelines to ensure online forex brokers give more disclosures on Contracts for Differences...
Kenya to host global green energy meeting

Kenya to host global green energy meeting

Africa-Press - Kenya. Key players propagating for renewable energy use around the world converge in Nairobi in October to explore opportunities available in Kenya. An...
SMEs in Northern Kenya get Sh2bn via USAID micro-lending plan

SMEs in Northern Kenya get Sh2bn via USAID micro-lending plan

Africa-Press - Kenya. Over $14 million has been disbursed to over 9000 small and micro enterprises in the Northern Kenya region through the Impact...
Oil prices dip as US Fed signals more rate hikes

Oil prices dip as US Fed signals more rate hikes

Africa-Press - Kenya. Oil prices declined more than 1% on Thursday over demand concerns as the US Federal Reserve (Fed) held its key interest...
Oil down over profit-taking ahead of Fed monetary policy decision

Oil down over profit-taking ahead of Fed monetary policy decision

Africa-Press - Kenya. Oil prices declined on Wednesday as investors profited from 10-month price highs due to uncertainties ahead of the much-anticipated US Federal...
JamboPay, PesaLink partner to grow banking services

JamboPay, PesaLink partner to grow banking services

Africa-Press - Kenya. Kenyans with JamboPay mobile wallets can now withdraw funds into any bank account in the country following a new deal with...
Only three counties met own source revenue targets – Treasury

Only three counties met own source revenue targets – Treasury

Africa-Press - Kenya. Only three counties out of the 47 devolved units managed to meet their revenue collection targets, but overall there was improvement...
KLM bullish on growth, expects full recovery by 2024

KLM bullish on growth, expects full recovery by 2024

Africa-Press - Kenya. Air-France KLM group airline expects its carrying capacity to go back to 2019 levels from 2024. This follows an increase in passenger...
Makini School to pay Sh7.2m in acquisition case

Makini School to pay Sh7.2m in acquisition case

Africa-Press - Kenya. The Competition Tribunal has struck out an appeal by the Makini School seeking to overturn a Sh7.23 million fine slapped on...