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News

Business Daily
businessdailyafrica.com > bd > economy > treasury-cashes-in-on-a-bigger-pool-of-idle-state-cash-5593840

Treasury cashes in on a bigger pool of idle State cash

15+ hour, 4+ min ago   (900+ words) A growing pool of public funds invested in interest-earning government securities is boosting the Treasury, even as it targets a total of Sh987.4 billion from the domestic market in the current fiscal year to June 2027. New disclosures show that hundreds of…...

Business Daily
businessdailyafrica.com > bd > opinion-analysis > columnists > geopolitics-behind-kenya-s-mineral-push-5590590

Geopolitics behind Kenya’s mineral push

3+ day, 17+ hour ago   (717+ words) My take on Magadi soda. When we are through with politicking and election-cycle optics, we will still be facing big choices that will shape our mineral sector for years to come. How do we split royalties with developers? What should…...

Business Daily
businessdailyafrica.com > bd > markets > capital-markets > ruto-fund-eyes-sh42billion-yearly-returns-from-bonds-5589592

Ruto fund eyes Sh42bn yearly returns from bonds

4+ day, 11+ hour ago   (740+ words) The National Infrastructure Fund (NIF) eyes about Sh42 billion in annual income from government securities as it seeks to create a steady financing pool for mega strategic infrastructure projects while preserving the seed capital. The NIF seed capital presently stands at…...

Google News
businessdailyafrica.com > bd > economy > us-offers-kenya-factories-in-proposed-sh8trn-minerals-deal-5589632

US offers Kenya factories in proposed Sh8trn minerals deal

4+ day, 12+ hour ago   (830+ words) Delegates follow proceedings during the American Chamber of Commerce (AmCham) Business Summit at Windsor Golf Hotel and Country Club in Nairobi on September 9, 2026. The summit brought together business leaders and stakeholders to discuss trade, investment and economic opportunities. The United…...

Business Daily
businessdailyafrica.com > bd > markets > capital-markets > state-eyes-sh60bn-in-second-bond-sale-in-september-5589536

State eyes Sh60bn in second bond sale in September

4+ day, 14+ hour ago   (453+ words) The Central Bank of Kenya (CBK) is back in the market with a Sh60 billion Treasury bond sale as the government keeps up its rapid rate of domestic borrowing early in the fiscal year. In the sale, the CBK has reopened…...

Business Daily
businessdailyafrica.com > bd > economy > rules-shake-up-as-investors-abandon-sh30bn-dividends-5587108

Rules shake-up as investors abandon Sh30bn dividends

6+ day, 12+ hour ago   (882+ words) The Unclaimed Financial Assets Authority (UFAA) has lined up a raft of policy changes, including a reduction of penalties and the extension of the dormancy period, in a bid to unlock Sh30.5 billion in unclaimed dividends for investors in saccos and…...

Business Daily
businessdailyafrica.com > bd > lifestyle > personal-finance > are-young-investors-getting-sound-money-advice-online-5586940

Are young investors getting sound money advice online?

6+ day, 15+ hour ago   (966+ words) For many young people, TikTok, YouTube and Instagram have become unlikely classrooms for money matters. Bite‑sized videos and casual posts now cover everything from saving and budgeting to investing and managing debt. The advice is easy to access, often…...

Business Daily
businessdailyafrica.com > bd > opinion-analysis > columnists > delivery-the-harder-test-for-afdb-chief-sidi-ould-tah-5586026

Delivery: The harder test for AfDB chief Sidi Ould Tah

1+ week, 11+ hour ago   (776+ words) African Development Bank Group President Sidi Ould Tah. After a year in office, Sidi Ould Tah has begun to reshape how the African Development Bank (AfDB) raises money and prepares projects. Delivery, however, is the harder test. On May 29, 2025, shortly…...

Business Daily
businessdailyafrica.com > bd > economy > kenya-eyes-sh400bn-investor-deals-as-jobs-pressure-mounts-5584326

Kenya eyes Sh400bn investor deals as jobs pressure mounts

1+ week, 21+ hour ago   (755+ words) Kenyan job seekers queue at a recruitment fair in Machakos County near Nairobi, Kenya on November 20, 2024. Kenya has raised its investment target by more than 80 percent, citing more aggressive campaigns to court investors to bring in capital to start and…...

Business Daily
businessdailyafrica.com > bd > lifestyle > weekend-with-the-ceo > the-ceo-who-kept-a-promise-he-made-at-five-5584078

The CEO who kept a promise he made at five

1+ week, 1+ day ago   (1122+ words) Today, he is the CEO of the Public Service Superannuation Fund (PSSF), but his head still gets turned by the grr of a good engine. He even, to appropriate a hackneyed phrase, turned his passion into his paycheque. “I’d buy…...