For the refined drinker of single malt scotch whisky, quality, rather than the price of the bottle, matters. This drinker will pay any price to experience the expression of flavours, the pride of savouring the finest product in the market, and the heri…
Polls choke credit growth to private sector in August
Growth in credit to the private sector slowed for the first time this year in August, reflecting a slowdown of business activity around the General Elections period. The Central Bank of Kenya said on Tuesday that 12-month credit growth stood at 12.5 pe…
KCB to finalise purchase of Congo lender by year end
KCB Group expects to finalise the acquisition of Democratic Republic of Congo lender Trust Merchant Bank (TMB) by the end of the year after receiving shareholder approval for the transaction. The tier-one lender said the shareholders’ nod at an Extra O…
Outgoing ministers, PSs barred from foreign travel
Outgoing Cabinet Secretaries and Principal Secretaries have been barred from travelling abroad, hiring and making transfers ahead of appointments by President William Ruto. In a circular issued by the Head of Public Service Joseph Kinyua, the transitio…
State allocates Sh3.6bn for fertiliser subsidy plan
The Treasury has allocated Sh3.6 billion for the fertiliser subsidy programme following a presidential directive last week to bring down the cost of the commodity by nearly half. At the same time, the Ministry of Agriculture has capped the number of ba…