11 October 2022
- The government has previously earmarked 26 companies for privatisation, including the lucrative KPA and Kenya Pipeline alongside loss-making lenders.
11 October 2022
- NAIROBI, Kenya, OCT 11 – Kenyan taxi-hailing app Little Cab will increase bike messengers earnings for more than 5 kilometers covered. The firm’s chief executive officer (CEO) Kamal Budhabhatti said that the company will offer riders an additional…
11 October 2022
- Just like every other part of your outfit, the watch comes with its own set of rules. And getting one that looks right is more than just buying the first watch that grabs your attention
11 October 2022
- NAIROBI, Kenya, Oct 11 – The Central Bank of Kenya (CBK) has announced the successful separation of the mobile money business from the telecommunications business which were previously under Airtel Networks Kenya Limited (ANKL). In a statement, CBK…
11 October 2022
- As the demand for cloud-based services grows across Africa due to the adoption of hybrid work, Microsoft has announced a partnership with Liquid Cloud through its Africa Transformation Office (ATO) to provide cloud services to businesses across the…
11 October 2022
- 2022 will historically be among the toughest years, with the cost of living spelling doom for many Kenyan households. Cooking oil has been the most expensive basic commodity since March with a liter retailing at above 400 shillings. A spot check by…
11 October 2022
- President William Ruto and President Samia Suluhu Hassan have agreed on a working formula that will eradicate trade barriers between Kenya and Tanzania.
11 October 2022
- NAIROBI, Kenya, Oct 11 – Nairobi Governor Johnson Sakaja says the County is currently considering ways to partner with the Nairobi Securities Exchange (NSE) to finance various infrastructure projects in the city. Speaking during the launch of the…
11 October 2022
- The outgoing Education Cabinet Secretary George Magoha has announced that the National Kenya Certificate of Primary Education, KCPE, and Kenya Certificate of Secondary Education, KCSE examination will kick off on November 28. Speaking on Monday, on…
11 October 2022
- High fuel prices have been a major burden for many Kenyans as the record-high prices partly drove increases in prices of key commodities including basic food items, eroding their purchasing power. Inflation hit a 9.2 percent in September, the…
11 October 2022
- Money doesn’t grow on trees. As such, you can be forced to get into debt to fund an investment, deal with an emergency, purchase a big purchase item, and so on. But getting out of debt can be daunting.
11 October 2022
- While top officials are under pressure to produce policies, introducing them requires a careful assessment before they are put to good use.
11 October 2022
- NAIROBI, Kenya, OCT 11 – Kenyan households can now breathe a sigh of relief as prices of cooking gas drop by over Sh100. A spot-check by Capital Business showed that a six-kilogram cylinder price of Rubis Energy Kenya’s K-Gas has dropped from Sh1,…
11 October 2022
- Burundi’s falling forex reserves are placing the country in dire straits, needing an urgent reboot of its monetary policy as it also faces high inflation.
11 October 2022
- TOPLINE Women and people who needed to be hospitalized with Covid are much more likely to develop long Covid, according to a new peer-reviewed study published in JAMA on Monday, offering new insight into the persistent and sometimes disabling…
11 October 2022
- Investment income in the insurance sector declined by 37.0% to Kshs 16.6 bn in Q2’2022, from Kshs 26.3 bn recorded in Q2’2021 for long-term insurance businesses, and also declined by 26.5% for general insurance businesses to Kshs 4.6 bn, from Kshs 6…
11 October 2022
- The Nairobi bourse board has submitted a request to CMA seeking approvals extending the terms of CEO Geoffrey Odundo and the chairman, Kiprono Kittony.
11 October 2022
- The Kenyan shilling depreciated by 0.1 percent against the US dollar to close the week at Kshs 120.9, from Kshs 120.7 recorded the previous week. The continuous depreciation of the local currency was partly attributable to increased dollar demand…
11 October 2022
- The Central Bank of Kenya (CBK) has announced the separation of Airtel Money from the telecommunications business which were previously under Airtel Networks Kenya Limited (ANKL). This was effected by separation and transfer of the mobile money…
11 October 2022
- During the week, T-bills were oversubscribed, with the overall subscription rate coming in at 110.0%, up from the 38.8 percent recorded the previous week. The oversubscription was partly attributable to the eased liquidity in the money market, with…
11 October 2022
- More than 1,000 residents of Ithanga Sub-County in Murangá County benefitted from a free one-day medical screening camp hosted by Del Monte Kenya Limited (DMKL) in partnership with the County’s Ministry of Health (MOH) and Family Health Option at…
11 October 2022
- Airtel Kenya has completed the process of separating its mobile money business from the telecommunications arm, with the new entity now operating as Airtel
11 October 2022
- In an area plagued by non-existent or unrealiable power supply, a Mombasa-based AgriTech start-up is offering locals affordable coolers that use the sun’s energy.
11 October 2022
- Stears, a pan-African financial data and intelligence company, has announced the close of a $3.3 Million seed round which was led by MaC Venture Capital with
11 October 2022
- Seventy-seven-year-old plane, which had been lying derelict for 28 years, is now eatery located at the Coast that houses a café, restaurant and boarding facilities.
11 October 2022
- Businessman advises entrepreneurs new in the beauty industry to be keen to understand what their clients want and how they want to be treated.
11 October 2022
- Maize flour prices went up 8.4 per cent between August and September, electricity prices rose 20.9 per cent, petrol prices went up 17.7 per cent.
11 October 2022
- CBK Governor Njoroge has been forced to clarify public statements on forex and transaction checks by Deputy President Gachagua and President Ruto.
11 October 2022
- At 21 per cent, KCB has one of the highest non performing loan ratios, which is the fraction of bad loans to a lender's total loans, among the large banks.