Prime News Kenya

Current Business News in Kenya: Banking | Economics

Sports betting firms set for comeback

The government appears to have reversed its stand on sports betting, with the removal of a tax that saw most companies exit the country.

US cranks up trade deal with Kenya

Kenya’s deal with the US for a Free Trade Agreement is taking shape with United States Trade Representative Robert Lighthizer notifying Congress officially of a plan that is likely to threaten the unity of the East African Community.

Gold firm to invest Sh2.4bn in Kenya mines

Guernsey-incorporated Shanta Gold is set to invest $24 million (Sh2.4 billion) in staffing and gold exploration costs in Kenya after buying seven mining licences covering the Western part of the country from Toronto-based Barrick Gold Corporation.

NCA seeks more bite in enforcing building code

The National Construction Authority (NCA) is now pushing for legal reforms that will give it prosecutorial powers in a bid to tame rising cases of buildings collapsing in the country.