Foreign Direct Investment Stories
The report recommends urgent policy reforms to make brownfield investment more attractive and sustainable in this sector, which has the potential to d...
NOCK is unable to meet its recurrent expenditures, owes over Sh7.4 billion in debt, and is at risk of defaulting on loans from major banks.
Governor George Natembeya admitted that there were issues with staff performance and discipline, noting that some officers failed to attend capacity-b...
NOCK’s Chief Executive Officer Leparan Gideon Ole Morintat told the committee that the firm is in a difficult financial state and explained the deal w...
The governor disclosed that the county is in the final stages of clearing permits for a group of Canadian investors who plan to set up an ambitious ‘O...
Among the flagged issues were expenditures outside the designated periods, stalled construction of an engineering tuition block, and failure to comply...
Nairobi International Financial Centre Authority (NIFCA), operating under the National Treasury and led by CEO Daniel Mainda, spearheaded the signing...
Cancer Investments Limited, through its director Mukhtar Ahmed Parkar, accused Robert Alai of invading and taking possession of the property on March...
MPs warned that the Authority’s under-expenditure had undermined its ability to provide effective services.
In recent years, Beijing has deepened cooperation with African countries across a spectrum from agriculture to infrastructure, consolidating its posit...
By the end of April, the outstanding inclusive loans issued to micro and small enterprises reached about 4.77 trillion US dollars, up 11.9 per cent ye...
Prime Cabinet Secretary Musalia Mudavadi said Kenya's diplomacy is guided by national interest, not external pressure.
The company’s director, who had gone to inspect the site, confronted Alai and his group. During the altercation, associates of Alai—allegedly armed wi...
If fully adopted and implemented, the policy aims to raise both public and private investment to at least 25 per cent of the county’s economy by 2030,...
Firms will only be able to deduct 50 per cent of the amount in the first year, with the remaining 50 per cent claimed in two equal instalments of 25 p...
If approved, the revised levy rate is expected to ease pressure on developers, lower overall construction costs, and stimulate investment in both priv...
The committee’s review highlighted the need for strict adherence to the hospital’s policies and procedures, ensuring that such irregularities do not u...
The change is aimed at attracting investment and encouraging deeper participation in Kenya’s financial sector.
Vice Chancellors and Principals were summoned to explain the use of hundreds of millions on Enterprise Resource Planning (ERP) systems that have not p...
President Ruto also witnessed the signing of strategic partnership agreements between KenInvest and three major Chinese institutions.
Critically ill patients are treated in general hospital wards, and the provision of essential emergency and critical care is limited.
Since May 2000, Kenya has been exempted from tariffs when exporting to the world's largest economy under the African Growth and Opportunity Act which...
The move was part of a dramatic trade policy overhaul he dubbed "Liberation Day," announced in a fiery address from the White House Rose Garden on Wed...
Besides the refinery deal, Uganda and UAE investors also signed five other agreements in various sectors.
The office, located at Nyali Centre on Links Road, marks SIB's second branch outside Nairobi as the bank celebrates its 30th anniversary this year.
Experts note that the investment slowdown over the past decade has been driven by reduced demand for transport equipment, machinery, and ICT equipment...
The committee recommended immediate payment of all valid pending bills after the auditor general had reviewed them.
However, the reduction in market concentration reflects investors' growing preference for diversifying their portfolios beyond the traditional blue-ch...
The committee's task includes identifying viable PPP projects, such as the expansion of the Jomo Kenyatta International Airport airfield.
