Business
- 1 Dec 2020 - A new ride hailing entrant in the East African region, Catch Taxi Kenya has offered to slash down travelling costs by 30%. In the newly-launched holiday campaign dubbed Ride sawa, Kamata catch, riders will now enjoy comfort and safety within Nairobi and upcountry at affordable rates. According to…
- 1 Dec 2020 - Shares of the company fell 5 per cent after the bell, despite upbeat fourth-quarter forecasts.
- 1 Dec 2020 - The Capital Markets Authority says it is reviewing the Collective Investment Schemes regulations to strengthen the industry and make it responsive to market dynamics. The markets regulator, with the help of FSD Africa, has hired a consultant to review the Capital Markets (Collective Investment…
- 1 Dec 2020 - Debenhams trades from 124 UK stores and employs 12,000
- 1 Dec 2020 - Researchers have discovered that COVID-19 could be causing lung abnormalities still detectable more than three months after patients are infected. A study of 10 patients aged 10 and 69 at Oxford University used a novel scanning technique to identify Lung damage not picked up by conventional scans.…
- 1 Dec 2020 - Other than being Dean of the Medical College at Aga Khan University, Prof Atwoli also holds visiting and honorary positions at the Harvard
- 1 Dec 2020 - Other than being Dean of the Medical College at Aga Khan University, Prof Atwoli also holds visiting and honorary positions at the Harvard
- 1 Dec 2020 - The letter urged that the Biden administration exclude executives, lobbyists and consultants working for or with companies.
- 1 Dec 2020 - BIC, the country’s leading stationery brand, launched a new campaign to help educate and promote social distancing for kids. The newly launched “Inspire Kids’ Creativity with BIC Kids” campaign features BIC Kids Evolution Stripes coloring pencils, a favorite among kids around the world that are…
- 1 Dec 2020 - Kenyan households will have to brace for higher prices of liquefied petroleum gas (LPG) on increased demand for the commodity in Asia due to a potentially colder start to winter and higher heating requirements. According to Energy and Petroleum Regulatory Authority (EPRA) director-general, Pavel…
- 1 Dec 2020 - Everyone wants to reduce the approximately 30,000 annual tobacco-related deaths in Kenya; so it’s especially disappointing to see the nay-sayers undermining our best opportunity to do just that. Tobacco harm reduction products, such as e-cigarettes and tobacco-free nicotine pouches, are quickly…
- 1 Dec 2020 - This is Sh1.94 billion less than the Sh6.3 billion the company registered for the same period last year.
- 1 Dec 2020 - Rwanda’s Gross Domestic Product (GDP) for Q2 2020 (between July and September) declined by 12.4% compared to the same period in 2019, occasioned by the prolonged impact of the total lockdown imposed in March for almost two months. The Agriculture sector, which contributes over 30% to GDP, dropped…
- 1 Dec 2020 - Globally, BOC Holdings, Amb. Awori said, has been reorganising its business portfolio
- 1 Dec 2020 - Telkom has reviewed its ShowMax Pro mobile data deals following heightened demand witnessed during the Black Friday offer of the same. Christmas therefore will be coming early for Telkom subscribers, as the 30GB and 45GB data bundles that are inclusive of a one-month subscription to stream Showmax…
- 1 Dec 2020 - HIV continues to be a major global public health issue, according to the new data from the National Aids Control Council, (NACC), the country is losing at least 57 people every day to HIV and Aids-related illnesses. Even as it registered progress in the fight against the disease, a big chunk of…
- 1 Dec 2020 - The increase in the use of solar energy is seen in the growth and amount generated and fed into the national electricity grid
- 1 Dec 2020 - Rafiki Microfinance to pay back all the money extended to it by Youth Fund for onward lending.
- 1 Dec 2020 - Statistics from the National AIDS and STI Control Program (NASCOP) have shown that HIV infections in the country currently stand at 1.5 million, with more than 41, 000 registered in 2019 alone. According to the NASCOP, the distribution of prevalence by gender showed that of the 1.5 million…
- 1 Dec 2020 - Kenya’s November inflation increased to 5.46%, up from 4.84%% in October, a six-month high, last experienced in April this year (5.62%). The Consumer Price Index (CPI) increased by 1.19% from 109.60 to 110.91, month on month. Data from the Kenya National Bureau shows that the month-to-month food…
- 1 Dec 2020 - Kenya had made a presentation of the sugar safeguard implementation progress through the COMESA technical committees
- 1 Dec 2020 - Kenyans are expected to feel the pinch of greater costs with November inflation shooting to a seven-month high 5.46 per cent from 4.84 per cent in October. Food costs pressures continue to build with the month-to-month food and non-alcoholic drinks inflation rising by 1.54 per cent during the…
- 1 Dec 2020 - A Kenyan tech-company has set up a new e-learning platform for children who are still at home in the advent of the COVID-19 pandemic. Also Read: Learning to resume in 2021 but schools that already reopened to continue Techlait Innovation (K) Limited offers lessons suitable for students in the 8.4…
- 1 Dec 2020 - NAIROBI, Kenya, Dec 1 – The investment consortium that has issued a notice of intention to acquire BOC Kenya Plc, the listed supplier of industrial, medical, and special gases in East Africa has confirmed that the bid has the support of the majority shareholder, BOC Holdings. Carbacid Investments…
- 1 Dec 2020 - Listed firm Eaagads has reported a 121% increase in net earnings in the half-year period that ended on 30th September 2020 to KSh9.2 million from a net loss of KSh43 million in the same period in 2019. The sharp growth was largely driven by a big jump in revenue which increased to KSh67 million…
- 1 Dec 2020 - S&P Global to Acquire IHS Markit for $44 billion S&P Global announced on Monday it had entered a definitive agreement to buy IHS Markit Ltd. in an all-stock deal valued at $44 billion. Under the terms of the agreement, shares of IHS Markit will be exchanged for 0.2838 shares of S&P…
- 1 Dec 2020 - The firm now completes its restructuring process and the onboarding of a new investor, Delta International (FZE).
- 1 Dec 2020 - Teacher Service Commission is declaring 5,000 vacancies in secondary school to support the 100 percent transition from primary to secondary school. The teachers’ recruitment will serve on permanent and pensionable terms of service. Interested and qualified candidates should submit their…
- 1 Dec 2020 - 302 people tested positive for the virus on November 30th, from a sample size of 3,038 tested in 24 hours, bringing to 83,618 the number of confirmed positive cases in the country. Of the cases, 286 are Kenyans while 16 are foreigners. Distribution cases by Counties; Nairobi 134, Kajiado 26, Kisumu…
- 1 Dec 2020 - Kenya Airways has announced the resumption of direct flights to New York after missing the skies for 9 months that had been brought about by the ravaging Covid-19 pandemic. The airline delayed resuming the flights due to higher Covid-19 cases in the US. “The New York-Nairobi route is key toward…