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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 vision...
The Kenya Revenue Authority (KRA) increased duty on imported cars to 35 percent from the previous 25 percent, setting the stage for the latest wave of price increments amid the weakening of the shilling. The 10-percentage point rise on import taxes has also ended up increasing the o...
China is sneezing and Kenya, like the rest of the world, is catching a flu. A number of experts have warned that a slowdown in the Asian country's economy is likely to hurt Kenya’s prospects, including financing of various critical projects as well as production and consumption of cert...
Never in the history of Kenya has there been a more heated debate on the economy than it is today. This is irrespective of where one is—in a vehicle travelling, a boardroom, church, classroom or dinner. Among the key discussions is the Kenyan debt and its effects on the cost of livin...
There are five types of whisky drinkers in Kenya. “The traditionalist, progressive, activist, exhibitionist and creative or trendsetter,” says Flavia Othim, the head of spirits at the East African Breweries Limited (EABL). To the conservative drinker, whisky can only be drunk in two ways: ...
In the heart of Kenya's socio-economic landscape lies a dynamic and burgeoning not-for-profit organisations (NPO) sector.
While such persons are not supposed to be held in a police stations, Kenya lacks safe houses for them. When the court received the request to hold the victims, the magistrate declined it and said she could only grant the officers more time if they indicated a specific place wh...
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. ...
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 Index...