More stories on Business

Jeff Bezos has in the past said he sells roughly $1 billion (Ksh108.9 billion) worth of stock a year. [PHOTO | FILE]
Jeff Bezos dumps Ksh327 billion worth of Amazon stock

By | 2 months ago

Jeff Bezos didn't explain why he sold so many shares, but he regularly sells off his stock....

Kenya Airways
Kenya Airways to resume New York flights on Saturday

By | 3 months ago

The two-year New York route is a critical destination for Kenya Airways since KQ uses JKIA to connect passengers from other countries to the US....

JKIA
How KRA intercepted heroin, bhang hidden in clothes at JKIA

By | 3 months ago

Heroin was concealed in the buttons of dresses in the consignment while the bhang was wrapped in a black polythene paper....

Jumia announces huge Black Friday deals after inking deal with DTB

By | 3 months ago

The online firm is expecting to cash in on the 25 percent of Kenya’s active internet users to visit the platform....

Safaricom PLC announced on social media Friday that the services will be interrupted as the company maintains its systems. [PHOTO | FILE]
Safaricom announces free calls, data for customers as it marks 20 years

By | 3 months ago

Customers who have been on the network for 20 years, those turning 20 this year will also receive a free 20GB data bundle valid for 7 days....

Kisii University on Tuesday, October 6, 2020 sacked at least 200 employees. [PHOTO | FILE]
Shock as 204 permanent and pensionable employees sacked by Kisii University a day after reopening

By | 3 months ago

The varsity’s Vice Chancellor, John Akama, said the institution had no choice but to retrench the workers after their revenues shrunk....

Shanzu Beach
Tourism, transport and logistics sector hardest hit by Covid-19 in EAC: report

By | 4 months ago

EABC calls for strengthened partnerships between public and private sector for business rebound and measures to stimulate economic growth. ...

Jack Ma is now China’s second-wealthiest man. [PHOTO | COURTESY OF WSJ]
Jack Ma overtaken as China’s richest man

By | 4 months ago

According to Bloomberg calculations, Zhong's estimated net worth was $20 billion (Ksh2.2 trillion) last month....

Yara International
Over 10,000 Kiambu, Murang’a farmers set to benefit from Sh800m free fertiliser

By | 4 months ago

Yara International championing Sh800 million initiative to give free fertiliser to smallholder farmers in 22 counties....

The 1,445km (897) miles East Africa Crude Oil Pipeline (EACOP) project will run from Hoima in Uganda to Tanga in Tanzania. [PHOTO | FILE]
Experts say Kenya is set to lose Uganda oil pipeline

By | 4 months ago

The Uganda-Tanzania pipeline will be 24 inches (61 cm) in diameter and have a planned throughput capacity of 216,000 barrels of crude oil per day....

Tullow Oil Kenya MD
Tullow replaces Kenyan boss Martin Mbogo, announces reduction of the local team

By | 4 months ago

Tullow Oil appoints its Kenya Asset Director, Madhan Srinivasa, to take over effectively immediately from Martin Mbogo....

Tuskys store reportedly owes its suppliers Ksh6.2 billion in dues. [PHOTO | FILE]
Tuskys’ goods including trolleys, electronics to be sold at Donholm auction

By | 4 months ago

On Monday, September 14, Sannex Auctioneers stopped Tuskys from opening its Greenspan doors over unpaid dues....

Equity Group CEO James Mwangi
Equity CEO secures 2020 ‘Nobel Prize for Business’

By | 4 months ago

Award is the highest global distinction given to business leaders to celebrate their efforts at promoting peace and prosperity....

The new facility also allows customers to process their claims in good time. [PHOTO | FILE]
You can now get your car insurance on the fly from Jumia Pay app

By | 5 months ago

The new arrangement allows Jumia Pay app users to browse insurance products, receive quotes, compare benefits and purchase their policy....

MacKenzie Scott, the former spouse of Jeff Bezos, is now worth $66.4 billion (Ksh7.2 trillion). [PHOTO | COURTESY]
Ex-wife of world’s wealthiest man is now the richest woman on the planet

By | 5 months ago

Following her January 2019 split from Jeff Bezos, Scott MacKenzie, 50, received $38 billion (Ksh4.1 trillion) in divorce settlement....

KenGen
KenGen to pay shareholders Sh1.65 billion in dividends

By | 5 months ago

In 2018, the company paid its shareholders Sh2.64 billion in dividends which translated to Sh0.40 for every ordinary share....

KenGen
Stellar performance earns Rebecca Miano three more years at the helm of KenGen

By | 5 months ago

KenGen Board Chairman Joshua Choge says Rebecca Miano's contract was extended for a further three years after a rigourous evaluation process....

Facebook founder Mark Zuckerberg (pictured) is world’s third-wealthiest person after Jeff Bezos and Bill Gates. [PHOTO | FILE]
World’s Top 4 richest people now worth Ksh58.4 trillion after smashing wealth records this week

By | 5 months ago

The centibillionaires’ club now has four members: Jeff Bezos, Bill Gates, Mark Zuckerberg and Elon Musk....

Jeff Bezos has in the past said he sells roughly $1 billion (Ksh108.9 billion) worth of stock a year. [PHOTO | FILE]
World’s wealthiest man now worth Ksh21.9 trillion

By | 5 months ago

On Wednesday, Jeff Bezos' wealth reached an estimated $202 billion (Ksh21.9 trillion), according to the Bloomberg Billionaires index....

Kenya Airways
Tanzania bans more Kenyan airlines over Covid-19 row

By | 5 months ago

Tanzania nullified the approval granted to Fly 540, Air Kenya Express and Safarilink Aviation amid Covid-19 row....

Load More     please wait....