HakiPensheni

Friday, May 1, 2020

Oil rises again as output cuts kick in, inventories grow less than expected

Reuters Oil prices rose on Friday, extending the previous session’s gains, as major producers began output cuts to offset a slump in fuel demand triggered by the coronavirus pandemic while data

regulator-lacks-motive-tools-to-tap-private-calls

Mercy Wanjau Last week’s Standard on Sunday article on the Court of Appeal decision overturning a High Court judgement that had stopped the implementation of a tool for curbing the use of

Listed firms get nod to hold virtual AGMs

Peter Theuri

Virtual meetings such as via video conferencing are becoming popular in the wake of the coronavirus pandemic.

A landmark ruling by the High Court now allows listed companies to hold virtual Annual General Meetings (AGMs).

In the wake of the coronavirus pandemic, Nairobi Securities Exchange-listed companies, as well as

Banks extend repayment period of loans worth Sh9.9 billion, says CBK

Fredrick Obura

CBK Governor Patrick Njoroge Banks have restructured Sh9.9 billion loans between March 18 and March 30 on request of customers following the effect of Covid-19 pandemic.

A number of banks in March announced a loan holiday for small and medium enterprises (SMEs)

cheap-loans-beckon-as-cbk-slashes-key-lending-rate

Dominic Omondi Central Bank of Kenya (CBK) yesterday cut further the benchmark lending rate to seven per cent as it moved to inject more liquidity into an economy that has been ravaged by