Nairobi Business Monthly Magazine

18/11/2024

Banks under fire for ignoring CBK's interest rate directives, weeks after Nairobi Business Monthly first called them out for not lowering lending rates.
https://nairobibusinessmonthly.com/banks-under-fire-for-ignoring-cbk-interest-rate-directives/

08/11/2024

Ethiopian subsidiary eats into Safaricom’s half year profits

Safaricom group has announced a decrease in its profit after tax despite increasing its total revenue in the six-month period ending 30th September 2024. The group recorded a fall in its profit after tax which stood at Sh10.01 billion as compared to Sh27.19 billion in the same period last year. This...

31/10/2024

FKF gets Sh1.4bn from FIFA yearly, yet our national team plays home games abroad. Now, nine candidates seek control of the kitty. Will they revive football's fortunes? Find out in the November 2024 issue of , available at epaper.nairobibusinessmonthly.com.

09/10/2024

Central Bank lowers CBR for the second time in 2024
https://nairobibusinessmonthly.com/central-bank-lowers-cbr-for-the-second-time-in-2024/

09/10/2024

Central Bank lowers CBR for the second time in 2024

The Central Bank of Kenya (CBK), through the Monetary Policy Committee (MPC), has taken decisive action to stimulate economic growth by lowering the Central Bank Rate (CBR) from 12.75% to 12%.

09/10/2024

Kenya Airways has spent a staggering Sh8 billion on aircraft repairs over the past four years. The airline is also embroiled in a complex financial situation with the government, which owes it Sh3.5 billion.

According to Allan Kilavuka, KQ CEO, the airline has spent a staggering Sh8 billion on aircraft repairs over the past four years.

08/10/2024

Kenya takes a bold leap into the digital future

In a move that promises to reshape Kenya’s digital landscape, a consortium of United Nations agencies and partners has unveiled an ambitious initiative aimed at promoting digital inclusion across the nation.

06/10/2024

The Nairobi Business Monthly is an authoritative magazine that publishes solid stories. We ask our readers to treat anything that looks contrived as FAKE. Please visit www.nairobibusinessmonthly.com to buy the REAL DEAL.

04/10/2024

KRA board chairman Anthony Mwaura faces serious accusations, including abuse of office and awarding himself Sh380.8 million in tax waivers. Will he be held accountable, or is he too powerful? Find out in the October 2024 issue of Nairobi Business Monthly: https://epaper.nairobibusinessmonthly.com/

03/10/2024

The government, in partnership with the Kenya Tourism Board and Magical Kenya, launches the 2024 Magical Kenya Travel Expo at Uhuru Gardens, Nairobi, to showcase diverse tourism services.

The government, in collaboration with the Kenya Tourism Board and Magical Kenya, has launched the 2024 Magical Kenya Travel Expo to showcase diverse tourism service.

03/10/2024

Kenya’s economy shows resilience as inflation drops to 3.6% in September, down from 4.4% in August. This unexpected shift highlights a promising outlook amid global uncertainties.

Kenya’s economic landscape is showing signs of a potential shift as inflation rates take an unexpected dip to 3.6% in September from August’s 4.4%.

01/08/2024

Poll: Most Kenyans feel the country is on the wrong track

A majority of Kenyans feel that the country is heading in the wrong direction, as revealed by a new survey.

01/08/2024

Kenya Forest Service hikes timber permit fees tenfold

The Kenya Forest Service (KFS) has recently announced a significant increase in timber permit fees, sending ripples through the timber industry and other affected sectors.

15/07/2024

State agency collects over Sh60bn unclaimed cash and shares

The Unclaimed Financial Assets Authority (UFAA) is holding more than Sh60 billion in cash and assets that it seeks to reunify with the rightful claimants. UFAA Board Chairman Francis Njenga said the state agency has collected Sh32 billion in cash and an additional Sh1.7 billion unit shares worth Sh3...

17/06/2024

Big shout out to my newest top fans! 💎 Nagib Yusuf

17/06/2024

Big shout out to my newest top fans! 💎 Nagib Yusuf fans

17/06/2024

The affordable housing project in Thika town has given residents hope of owning a house in the busy town that is gearing to be elevated into a city in the coming years.

By Muoki Charles The affordable housing project in Thika town has given residents hope of owning a house in the busy town that is gearing to be elevated into a city in the coming years. Launched in January this year near the Huduma Centre in the town, the project is 20 percent complete, with seven

17/06/2024

Nova Pioneer Tatu City School has been named as one of the top 10 finalists in the innovation category of “World’s Best School Prizes” education awards.

Nova Pioneer Tatu City School has been named as one of the top 10 finalists in the innovation category of “World’s Best School Prizes” education awards and will square it out for the top honours with other schools from the United Kingdom, Brazil, Italy, and Australia, among other regions. The ...