Current Date: June 7th, 2025
hapakwetu

Business

Business News March 15, 2024

Motorists Welcome Relief as Prices of Super Petrol and Diesel Drop by Ksh.7 and Ksh.5 Respectively

EPRA announces a reduction in fuel prices for Super Petrol, Diesel, and Kerosene in its latest monthly review. Effective from Marc...
Business News March 15, 2024

KQ to Boost New York Flight Frequency to Nine Weekly Trips for the Summer Season

Kenya Airways announces an increase in weekly flights to New York City, from seven to nine, during the summer season. This expansi...
Business News March 13, 2024

Airbnb prohibits the use of indoor surveillance cameras in short-term rentals

Airbnb announces a ban on indoor surveillance cameras in rental properties worldwide, prioritizing guest privacy. The policy chang...
Business News March 13, 2024

Government initiates sale of Sunset Hotel and four other State-owned hotels in a privatisation deal worth Sh671 million

The government of Kenya has initiated the sale of its ownership stake in five hotels, including Kenya Safari Lodges, Mt Elgon Lodg...
Business News March 12, 2024

Kenya Revenue Authority (KRA) and Kenya Breweries Entangled in a Ksh 12 Billion Tax Dispute

Kenya Breweries Limited (KBL) and the Kenya Revenue Authority (KRA) are entangled in a tax dispute, with KBL owing KRA Sh12.037 bi...
Business News March 12, 2024

Kenya and South Korea collaborate to generate employment opportunities at Konza

Kenya and the Republic of Korea collaborate in the third year of the Economic Innovation Partnership Programme (EIPP) at Konza Tec...
Business News March 11, 2024

Disagreement Arises Between State and Transporters Regarding EAC Vehicle Load Regulation

A dispute emerges between transporters, shippers, and the government over the enforcement of the East African Community Vehicle Lo...
Business March 11, 2024

Uber Introduces High-End Service for Kenyan Market

Explore the future of the taxi industry in Kenya as Uber introduces its premium offering, Uber Comfort. While luxury cars like SUV...
Business March 10, 2024

Ali Kiba’s Media Empire: Crown Media Unveiling and Artist Collaboration Philosophy

Explore Tanzanian icon Ali Kiba's foray into the media world with the launch of Crown Media, featuring Crown TV and Crown FM. Delv...
Business March 8, 2024

Kenya’s Central Bank Expands Digital Credit Landscape with 19 New Licenses

Explore the latest development as the Central Bank of Kenya grants licenses to 19 additional digital credit service providers, int...
Business February 27, 2024

Universal Music Group Acquires Majority Stake in Mavin Global: Key Move in Afrobeats Scene

Learn about Universal Music Group's acquisition of a majority stake in Mavin Global, a leading Nigerian record label founded by Do...
Business February 20, 2024

Quickmart inaugurates its 60th branch in Narok town

Explore the latest addition to Kenya's retail landscape as Quickmart opens its 60th store in Narok town. Chief Marketing Officer B...
Business News February 19, 2024

Kenyans abroad remitted a historic amount of Sh60 billion in January

In January 2024, Kenyans in the diaspora utilized the DhowCSD platform for local bond investments, resulting in a record-breaking ...
Business News February 15, 2024

Kenyan shilling sees its most significant daily increase in 12 years.

The Kenyan shilling's recent surge against the US dollar, driven by increased investor confidence following a successful Eurobond ...
Business News February 14, 2024

Government Offers 21,000 Acres for Food Drive

Unlocking opportunities for agricultural investment! The Agriculture and Livestock Ministry opens up 21,000 acres of idle land und...
Business February 12, 2024

CEOs indicate increased salaries for employees amid talent wars

In the latest survey by the Central Bank of Kenya, CEOs prioritize talent management and reward strategy, signaling an imminent ta...
Business Politics February 12, 2024

Henry Rotich, Architect of Kenya’s Inaugural Eurobond, Returns to Witness its Buyback Journey Unfold.

"Henry Rotich, key architect of Kenya's 2014 $2 billion Eurobond, returns to the financial spotlight as President Ruto's senior ad...
Business Lifestyle February 12, 2024

Surprising Price Shift in Second-Hand Cars as Imports Experience a Decline of Sh26 Billion.

Experience a significant surge in second-hand car prices in Kenya, with costs soaring up to Sh600,000 within the last four months....
Business January 29, 2024

Kenyan Billionaire John Kibunga Kimani’s Strategic Move: Acquiring 8.6 Million Safaricom Shares Amidst Ownership Shift.

Explore the calculated investment strategy of Kenyan billionaire John Kibunga Kimani, as he becomes a major player in Safaricom's ...
Business January 16, 2024

Equity Bank Kenya Launches Boostika: A Revolutionary Overdraft Facility

Explore the latest financial innovation with Equity Bank Kenya's Boostika, an unsecured overdraft facility empowering account hold...