businessdailyafrica.com mixed news headlines
M-Pesa deposits fall Sh10bn in six months
At Sh263.3 billion in deposits, Safaricom is one of the largest players in the financial services market.
Infrastructure bonds face 5pc tax
The infrastructure bonds have been tax-free since they were first issued in February 2009.
Middle class home prices rally 78pc in three years
The cost of acquiring homes in middle class estates such as Buru Buru, South B and South C has increased at faster rate compared to houses in high-end neighbourhoods.
Blacklisted loan accounts jump 97pc on costly credit
Data from the CRBs reveal that 7.65 million of 29.72 million accounts were in default by the end of December.
State signals end of Youth Fund with zero budget allocation
Treasury has stopped offering cash to the affirmative action fund after it got Sh470 million in the current year ending June.
Kenya dips into stabilisation fund to prevent rise in pump prices
The cushion lowered super petrol prices per litre in Nairobi marginally to Sh192.84 from Sh193.84 previously.
Lapsset special economic zone plan off starting blocks
The special zone seeks to attract firms dealing in food and beverage, textiles, leather, automotive, warehousing and logistics.
Former Treasury minister Ukur Yatani wants EACC probe stopped
Justice Chacha Mwita declined to grant him anticipatory bail, pending his arrest stating that he would consider the prayer after hearing all parties.
Mombasa raises trucks parking fee to Sh700
In the new payment plan, the KPA will collect revenues on behalf of the county government for easy coordination.