15 December 2022
- BERN, Switzerland, Dec 15 – Switzerland’s central bank on Thursday hiked its key interest rate by 50 basis points despite the slowdown in Swiss inflation. The bank has joined a global tightening of monetary policy to tame inflation, with further…
15 December 2022
- NAIROBI, Kenya, Dec 15 – The Kenyan Government will allow millers and traders to import 1.5 million metric tons of duty-free maize and rice to bridge the food deficit in the country. The millers and traders will import a combined 900,000 metric…
15 December 2022
- NAIROBI, Kenya, Dec 15 – Price of buying an electricity token has risen by 16.8 per cent in December, coming at a time when households are battling high cost of food prices. Data from Kenya Power and Lighting Company (KPLC) shows that a Sh2,000…
15 December 2022
- Justice Esther Maina ordered the release of the millions this morning saying Mr Khalid Jameel Saeed was able to prove that the money was not tainted.
15 December 2022
- KCB Group Plc has completed the acquisition of Trust Merchant Bank SA (TMB). The Group now owns 85% stake in the Democratic Republic of Congo (DRC) based lender. KCB Group obtained the regulatory green light in Kenya, the Democratic Republic of…
15 December 2022
- Twitter suspended an account that used publicly available flight data to track Elon Musk's private jet, despite a pledge by the new owner to keep it up because of his free speech principles.
15 December 2022
- Nicknamed the 'riding queen', Wahome had earned praise from across the world following her WRC3 win. Among those who congratulated her was seven-time Formula One champion Lewis Hamilton.
15 December 2022
- Topline As 433 million Spotify users across the world get a peek at what their most popular songs are in 2022 as per ‘Spotify Wrapped’, it does come as a surprise that in sub-Saharan Africa, there’s been a 93% year-on-year increase in the…
15 December 2022
- NAIROBI, Kenya, Dec 15 – KCB Group Plc has completed the acquisition of Trust Merchant Bank SA (TMB) now controlling an 85 per cent stake in the DRC-based lender. This is after the lender obtained the regulatory green light in Kenya, the Democratic…
15 December 2022
- Until recently, little was known about private stevedores and their plight at the port where they work alongside dockworkers employed by the Kenya Ports Authority (KPA).
15 December 2022
- Former President Uhuru Kenyatta’s order, which reduced electricity bills by 15 per cent in January will expire after Christmas, raising the prospects of costly power from January.
15 December 2022
- The latest figures from the government show that over 1.3 million Kenyans have so far been registered for the Hustler Fund, with more expected to onboard as time goes by.
15 December 2022
- President William Ruto said after taking office that his government would remove the subsidy programme and seek sustainable ways of bringing the cost of fuel down.
15 December 2022
- When you think about South Africa, most Kenyan travellers book holidays in Johannesburg or Cape Town, which are more renowned towns.
15 December 2022
- While at Hotel Fairmont Mount Kenya Safari Club, it feels like you are a heartbeat away from tapping the canopy of the towering Mount Kenya.
15 December 2022
- The programme, dubbed Tuungane 2x na Absa, comes amid numerous challenges faced by women entrepreneurs including limited funding and inadequate support, among others.
15 December 2022
- In essence, the ports race is the result of both new alliances between African political elites and global economic circumstances that favour large-scale infrastructure building.
15 December 2022
- Absa Bank Kenya has inked a deal with a digital financing platform to increase access to credit for women-led micro-and small-sized enterprises under the lender’s Sh10 billion kitty.
15 December 2022
- Global rating agency Fitch has downgraded Kenya’s credit rating to ‘B’ from ‘B+’ pointing to increased risks of default occasioned by tighter liquidity in light of elevated repayments.
15 December 2022
- Sustainability has become a very prominent concept in business for organizations to fantasize about, faculties to teach and non-profits to spend fortunes researching on in the recent past.
15 December 2022
- The High Court has ordered KCB Group to pay 28 former employees more than Sh115 million in a precedent-setting decision on unfair labour practices.
15 December 2022
- Local carrier Skyward Express has launched new flights from Nairobi to Kakamega as demand for air travel picks up during the Christmas festive season.
15 December 2022
- The Kenyan government has told South Sudan traders that they are free to clear imported goods at any of the two dry ports in the country.
15 December 2022
- More than half of Kenyan households cut their spending on food and 10 per cent of homes sold their assets in the race to survive sky-high inflation.
15 December 2022
- Last week, the Organisation of African, Caribbean and Pacific States (OACPS), formed by the signing of the Georgetown Agreement in 1975, held its 10th Heads of States summit in Luanda, Angola.
15 December 2022
- Safaricom and MPESA Foundations have unveiled Sh38 million investments to provide Homa Bay County hospitals with maternal health facilities.
15 December 2022
- A man and his friend walk into a pet store to look for dog food at a busy mall in Nairobi. They are looking for dog food for a puppy that has found a new home.
15 December 2022
- Dear Cathy, I own a garage and I have employed some mechanics. Before I used to pay them commissions for work done but we have grown so much and the work in flow is very high. Therefore, I have...
14 December 2022
- The National Treasury is seeking Ksh.70 billion from new bond auctions as the exchequer seeks to shore up financing from the domestic markets.
14 December 2022
- Fuel prices are set to remain unchanged from Thursday as the Energy and Petroleum Regulatory Authority (EPRA) retains maximum pump prices for the December 15-January 14 cycle.