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Radio Generation Kenya

Business

Ruto challenges banks over high cost of borrowing
Business

Ruto challenges banks over high cost of borrowing

According to the President, the Government and the Central Bank were forced to tighten monetary policy and introduce fiscal measures in response to those challenges.

By Maureen Kinyanjui
Shippers welcome wider access to cargo tracking seals
Business

Shippers welcome wider access to cargo tracking seals

The Shippers Council of Eastern Africa has welcomed the change, saying opening the market to several suppliers could improve the availability and performance of the electronic seals.

By Maureen Kinyanjui
Cross-subsidy keeps kerosene price at Sh191.38
Business

Cross-subsidy keeps kerosene price at Sh191.38

The Energy and Petroleum Regulatory Authority (Epra) has maintained the price of kerosene at Sh191.38 per litre in Nairobi for the monthly pricing period ending October 14, even as its landed cost rose by nearl...

By Maureen Kinyanjui
Asian economies gradually reduce dollar reliance
Business

Asian economies gradually reduce dollar reliance

The shift is not aimed at replacing the dollar, which remains the dominant currency for trade, foreign exchange transactions and official reserves across the region. Instead, policymakers are seeking alternativ...

By Chrispho Owuor