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Covid-19 shocks

ICT sector tapped Sh536b into economy in 2020, says report

Reading Time: 2 minutes The value of output from the information and communications technology (ICT) sector rose by 2.5 per cent to Sh535.5 billion […]

Britam Holdings post Sh376m net profit in H1

Reading Time: 2 minutes Britam Holdings posted net profit of Sh376.3 million for the half year period ended June 30, from a Sh1.6 billion […]

Britam makes Sh1.4b from digital channels since Covid outbreak

Reading Time: < 1 minute Britam Holdings, generated new business worth Sh1.4 billion under its digital channels since the outbreak of Covid-19 last year. Britam […]

Virus: IMF raises concern as global recovery gap widens

Reading Time: 2 minutes The International Monetary Fund (IMF) has warned of a widening gap between advanced economies and many emerging market and developing […]

Lenders earn Sh71b from MSMEs loans

Reading Time: 3 minutes Steve Umidha @UmidhaSteve Loans to micro, small and medium enterprises (MSMEs) generated Sh70.8 billion for the banking industry, representing 12.2 […]

Covid-19 shocks: Most SMEs bullish on recovery

Reading Time: 2 minutes Bernard Sigei Small and Medium Enterprise (SME) confidence in Kenya is on the rise after the Covid-19 shocks, according to the […]

Treasury in the market for fourth Sh124b Eurobond

Reading Time: 2 minutes Lewis Njoka @LewisNjoka Bad publicity on the back of Covid-19 shocks will not affect uptake of the Eurobond Kenya is […]

KQ posts historic Sh36.2b loss on pandemic shocks

Reading Time: 2 minutes Kenya Airway’s flight into turbulence continued yesterday as the national carrier reported a whopping Sh36.2 billion loss after tax in […]

CMA move likely to excite sector

Reading Time: 2 minutes A vibrant Nairobi Securities Exchange (NSE) is important to the economy, and coming on the back of Covid-19 shocks, attempts […]

Mobile loans offer SMEs lifeline amid virus crisis

Reading Time: 2 minutes Lewis Njoka @LewisNjoka Mobile money emerged the most popular source of credit for small and medium enterprises (SMEs) in Kenya […]