60pc

Own-source power generation by individuals and firms surged by 60 percent last year as more electricity consumers in Kenya sought cheaper alternatives and cut reliance on Kenya Power, weakening the base of big consumers that subsidise the…

Companies 60pc of small businesses can’t repay their loans Tuesday September 05 2023 The Central Bank of Kenya in Nairobi. FILE PHOTO | NMG Six out of 10 micro and small enterprises (MSEs) had defaulted on their loans by the end…

Backwest Banking Crisis Fears - Morgan Lieberman/BloombergPacWest shares fell as much as 60 percent in after-hours trading in New York amid talks to bail out the US regional bank.The bank has instructed boutique investment banker Piper…