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Facebook issues a new policy that bans ads that promote cryptocurrency

In a blog post on Tuesday, Facebook issued a new policy that prohibits ads that " promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary...

AfDB commits to enhance investment in Africa’s energy sector to improve access to electricity.

In line with its development priorities and, in particular, its agenda to light up and power Africa, the African Development Bank plans to reach 29.3 million people in Africa with electricity by 2020. AfDB’s president,...

Market remains unscathed, as turnover rises to Sh1.2billion

Daily Market report: Jan 30, 2018 The Nairobi Securities Exchange (NSE) defied a highly polarized political day in Nairobi to post growth in the daily trading. There was a mixed performance on the course during Tuesday’s trading on a...

JP Morgan Chase to open operations in Kenya

The Central Bank of Kenya (CBK) on Friday welcomed the enthusiastic interest shown by international financial institutions in Kenya. The regulator said several institutions have outlined plans to set up, or expand, operations in Kenya, also as...

The hidden baggage of the IMF loan

The government paid Sh273 million in interest for the standby loan to the International Monetary Fund by June last year. According to CBK this was almost double the Sh138 million in interest payment for the...

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