Regional lenders slake govts’ appetite for short-term funds
[ad_1] By JAMES ANYANZWA East Africa’s top retail banks are cashing in on interest income on government securities and readjustment of loan…
Business
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Bitcoin proves double-edged sword for criminals
[ad_1] The lesson is one that has been learnt by cybercriminal hackers Darkside the hard way after the organisation extracted a $4.4 millio…
Hospital bosses face Sh3m fine for detaining patients
[ad_1] Economy Hospital bosses face Sh3m fine for detaining patients Wednesday June 09 2021 The entrance to the Moi Teaching and Referral H…
I’ll remember Uhuru as president who had no regard for the law
[ad_1] Maraga on Uhuru: Former Chief Justice David Maraga has said that he will remember Uhuru Kenyatta as the president who had zero regar…
Economy grows by Sh790b amid Covid onslaught
[ad_1] Cabinet Secretary for National Treasury and Planning Ukur Yatani.[Wilberforce Okwiri,Standard] Kenya’s economy expanded by Sh790 bil…
Airlines reveal strategies to push recovery
[ad_1] By ANTHONY KITIMO Aviation industry players want African states to adopt what they term a co-ordinated approach to a sustainable rec…
UK probes airlines over non-refunds in pandemic
[ad_1] London, United Kingdom, June 9 – Britain on Wednesday opened an investigation into British Airways and Irish carrier Ryanair for fai…
SBM to pay Sh400m tax on CBK interest-free loan
[ad_1] Market News SBM to pay Sh400m tax on CBK interest-free loan Wednesday June 09 2021 A man paints SBM brand name in Mombasa County.
Nairobi BRT system to use electric buses only, to be run by private firm
[ad_1] Nairobi BRT system: Only electric buses will be allowed to use the Nairobi Bus Rapid Transit (BRT) system. This has been revealed by…
Workers grapple with ravages of coronavirus
[ad_1] Federation of Kenya Employers estimates that between March and August 2020 alone, over five million people in the informal sectors l…
Tanzania asks for fresh report on Kenya’s industrial sugar
[ad_1] By JAMES ANYANZWA Tanzania has refused to grant preferential tariff treatment to Kenyan made confectionery after faulting the report…
US state sues to have Google declared a public utility
[ad_1] San Francisco, United States, June 9 – The state of Ohio on Tuesday filed an unprecedented lawsuit calling on a local court to decla…
David Njeng’ere appointed new CEO of examinations council
[ad_1] News David Njeng’ere appointed new CEO of examinations council Wednesday June 09 2021 Dr David Njeng’ere, the new CEO of the Kenya N…
I’ll remember Uhuru as president who had no regard for the law
[ad_1] Maraga on Uhuru: Former Chief Justice David Maraga has said that he will remember Uhuru Kenyatta as the president who had zero regar…
What will it take to save Mumias?
[ad_1] As of 2018, Mumias Sugar Company Limited had assets worth Sh15.7 billion while its liabilities were Sh30.1 billion.
Uhuru Kenyatta urges Ethiopia to open up market for M-Pesa
[ad_1] By BRIAN NGUGI Kenya’s President Uhuru Kenyatta on Tuesday evening urged the Ethiopian government to consider opening up opportuniti…
Centum Subsidiary injects over Sh5.5 bn, creates 3,000 jobs in Vipingo
[ad_1] NAIROBI, Kenya, Jun 9- Vipingo Development a wholly-owned subsidiary of Nairobi Securities Exchange (NSE) listed Centum Investment h…
Uhuru Kenyatta urges Ethiopia to open up market for M-Pesa
[ad_1] Companies Uhuru Kenyatta urges Ethiopia to open up market for M-Pesa Wednesday June 09 2021 President Uhuru Kenyatta and Ethiopian P…
Kenya’s Business Activity Improves in May
[ad_1] Kenya’s private sector activity picked up momentum in May after months of slow growth.
Cost of doing business in Kenya has become unbearable
[ad_1] Cost of doing business in Kenya: BY PHYLLIS WAKIAGA: We are living in tough economic times. Businesses are struggling to stay afloat…
Platforms, plug-ins, plumbing: How fintech in Africa is surging in the pandemic
[ad_1] When Covid-19 first struck a year ago, start-up entrepreneurs and early-stage investors paused briefly to assess what the pandemic m…
DSE suspends trading of JATU shares
[ad_1] By BEATRICE MATERU The Dar es Salaam Stock Exchange (DSE) has suspended agro-business JATU from trading for a period of two months.
El Salvador first country to approve bitcoin as legal tender
[ad_1] San Salvador, El Salvador, June 9 – Bitcoin is to become legal tender in El Salvador, the country’s president said, making it the fi…
Firms revive expansion plans in fresh optimism
[ad_1] Companies Firms revive expansion plans in fresh optimism Wednesday June 09 2021 An aerial view of Nairobi, Kenya’s capital city.
Moyale One-Stop Border Post Starts Operations
[ad_1] The Kenya-Ethiopia One-Stop Border Post (OSBP) at Moyale has started operations, following its official launch in December 2020 by P…
Don’t be petty, Mutunga tells Uhuru in scathing letter! See full letter
[ad_1] Mutunga Letter: Former Chief Justice Willy Mutunga has written a scathing attack to President Uhuru Kenyatta over his continued disr…
Funding opportunities for SMEs in Treasury Budget
[ad_1] In the second Budget reading since the onset of the pandemic, the Treasury has heavily invested in rescuing the small and medium ent…
Burundi, Kenya business lobbies sign deal for trade and investments
[ad_1] By John Mutua The Kenya National Chamber of Commerce and Industry (KNCCI) has signed a deal with its Burundi counterparts that will …
Govt Urged to cut unnecessary expenditure on the Sh3.66tn 2021/2022 budget
[ad_1] NAIROBI, Kenya, Jun 4- Financial experts are now calling on the government to cut unnecessary expenditure in the 2021/2022 budget to…
Row brews over CMA coffee marketers licence deadline
[ad_1] Capital Markets Row brews over CMA coffee marketers licence deadline Wednesday June 09 2021 A dealer samples coffee at the Nairobi C…