Current Date: December 22nd, 2024

Business

Mudavadi: 19 Memorandums of Understanding in Progress with Gulf Nations

Prime Cabinet Secretary Musalia Mudavadi announces that Kenya is negotiating 19 MoUs with Gulf countries, with advanced discussion...

Public Weighs In on Road Levy Increase as State Defends Decision

Kenya Roads Board (KRB) proposes increasing the Road Maintenance Levy on petrol and diesel from Sh18 to Sh25 per litre to fund roa...

Value of Imported Used Clothes Rises to Sh28 Billion

Kenyan traders spent nearly Sh28 billion on importing second-hand clothes, reflecting a growing preference for used attire despite...

Financial losses from protests against the Finance Bill amounted to Ksh3 billion

Discover how the Nairobi business community faced significant losses due to vandalism and looting in the CBD amid recent protests....

Kenya to Use Part of $1.2 Billion World Bank Loan to Settle Eurobond Maturing in June 2024

The Kenyan government will use part of a $1.2 billion Development Policy Operations loan from the World Bank to settle the remaini...

Stanbic Bank Kenya Reports Mixed First Quarter Results

Stanbic Bank Kenya's first quarter financial report reveals a mixed performance, with a decline in operating income offset by an i...

Navigating Turbulence: C&G’s Tax Disputes and Strategic Moves

Explore C&G's journey through tax disputes with KRA, strategic acquisitions, and financial strain, offering insights into navigati...

Mastercard and I&M Bank Extend Strategic Collaboration in Kenya

Discover how the extended 8-year alliance between Mastercard and I&M Bank in Kenya is set to benefit cardholders with enhanced val...

Enhancing Visibility: Elon Musk’s Innovations to X’s Block Feature

Discover how Elon Musk's latest adjustments to X's block feature enhance reply visibility, empowering users to safeguard their acc...

Kenya Airways Suspends Flights to Kinshasa Due to Employee Detention | Latest News

Kenya Airways (KQ) announces the suspension of its flights to Kinshasa following the prolonged detention of its employees by autho...

I&M Bank Extends Free Money Transfers to Small Business Owners: Boosting Financial Inclusivity

I&M Bank extends its offering of free M-Pesa and Airtel Money transfers to sole business owners, promoting financial inclusivity a...

Celebrating a Decade of Innovation: OPPO Unveils Exciting Plans for Kenyan Customers

Join OPPO Kenya in celebrating a decade of innovation and service to Kenyan customers! Discover exciting plans, including price re...

Safaricom Appoints Florence Nyokabi as Chief Human Resources Officer

Safaricom welcomes Florence Nyokabi as its new Chief Human Resources Officer, leveraging her extensive HR leadership experience sp...

Roam Partners with Mogo to Accelerate Electric Motorcycle Adoption in Africa

Discover how Roam and Mogo's strategic partnership aims to revolutionize transportation in Africa by promoting the adoption of ele...

I&M Group Unveils Ambitious Expansion Plan: 100 Branches by 2026

Discover the strategic vision of I&M Group as it embarks on expanding its branch network to 100 locations by December 2026. Learn ...

Nairobi Securities Exchange (NSE) Upgraded by FTSE Russell: Boosting Kenya’s Equity Market

Explore how the Nairobi Securities Exchange (NSE) received a significant boost after being upgraded by the FTSE Russell, signifyin...

Kenya Airways Expands Cargo Fleet with Second Boeing 737-800 Freighter

Kenya Airways adds its second Boeing 737-800 Freighter, boosting its cargo fleet to four aircraft. Explore how this expansion enha...

African Originals Accuses EABL of Smear Campaigns: A Brewing Controversy

Explore the brewing controversy as African Originals accuses EABL of smear campaigns, impacting market share and business operatio...

Britam Holdings Plc: Unveiling Impressive Financial Performance & Strategic Resilience

Discover Britam Holdings Plc's remarkable financial performance, showcasing a 65% surge in profit before tax. Explore their robust...

Kenya Airways Records First Operating Profit in Seven Years

Kenya Airways celebrates a significant milestone as it reports its first operating profit in seven years, marking a turnaround in ...