After 10 years as the managing director of Absa Bank Kenya, Jeremy Awori in March 2023 took on a new role as the Group CEO at Ecobank, which has a presence in 35 African countries. TheBusiness Dailyspoke to Mr Awori about how he is settling in at Ecobank, his visio...
The Kenyan economy bounced back in 2021, recording a GDP growth rate of 7.5 percent. Inflation was, however, a headache to the government in 2022 with the average annual inflation being 9.06 percent, according to the Central Bank of Kenya. This was above the upper threshold...
Prior to this, President William Ruto ushered in elements of Kenya’s land question during a Q&A session with Linus Kaikai of the Royal Media Services soon after officially opening the forum. The President reiterated intent to move the valuation role from the National Land Co...
This was after the Covid period. And if you look at the same source, you will see that Kenya, in 2022, was the 69th highest country importer of ties. You know how many countries we have? Around 195. So, Kenya being number 69 clearly shows you the ties are here to stay...
Kenya suffered an acute shortage of fuel in what the oil marketers largely linked to delays in releasing cash for fuel subsidy creating cash flow challenges, while the government accused the firms of hoarding the commodity. Earlier this month, the President said Kenya last...
Third, Kenya was heading to a General Election that was a transition, therefore the election was coming with the uncertainty surrounding the peaceful transfer of power, business confidence is dampened and the economy also experiences capital flight. ...
Digital divide continues to grow in many parts of Africa. In Kenya, men are more likely than women to use the internet and some communities are more left out than others.
Kenyan firms have shed jobs for the third month in a row on falling demand for goods and services, which has prompted them to cut output, a monthly survey showed Tuesday, pointing to a tough business operating environment. Findings of Stanbic Bank Kenya’s Purchasing Managers Inde...
The success of this tank project prompts an important question: if such a straightforward project can stand the test of time, why are we grappling with leaking construction of flat roofs, which don’t need to retain water? Related BOSS TALK: Anti-counterfeit boss on ...
Kenya had initially sought to have the matter resolved within the mechanisms of the African Union. It also argued that a Memorandum of Understanding (MoU) entered between the two countries in 2009 had resolved the matter but Somalia holds otherwise. ...