businessdailyafrica.com business news headlines

Omtatah in court to cut mobile connection charges

Okiya Omtatah has moved to court seeking to quash mobile termination rates (MTR) set by Communications Authority of Kenya (CA)
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02 May 2024

Ruto names Kenya's new military chief

The position was left vacant following the death of General Ogolla.
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02 May 2024

Job losses loom as State plans to drop 130 firms

The Treasury says only 158 of the 288 parastatals that have been judged viable will be retained.
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02 May 2024

State eyes Sh114bn for solar, climate projects

The government targets to borrow more than Sh100 billion to finance more than 50 projects.
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02 May 2024

KeRRA tops Sh201bn idle cash parastatals hold in bank accounts

Parastatals in energy and infrastructure sectors have the healthiest bank balances.
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02 May 2024

State cuts fuel subsidy by half starting July

Treasury has warned of the risk of higher fuel prices due to a rally in global crude oil prices.
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02 May 2024

Foreigners break NSE selling spree with Sh1bn April inflows

The net buying position was the first since August last year and signals a change in bearish sentiment by the key market participants.
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02 May 2024

Banks, pension funds blocked from juicy infrastructure bonds

This marks the latest move to reform the bond market in favour of retail investors.
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02 May 2024

138,000 herders register for livestock insurance

Farmers tap more than Sh2.7 billion worth of benefits in the form of claims payouts and State insurance premium subsidies.
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02 May 2024