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Expensive loans back as House team throws borrowers under the bus

By | 3 weeks ago

Despite agreeing with the President's reservations, House team says there is stil need to protect borrowers until they clear existing loans....

Bernard Ngugi
Kenya Power appoints Bernard Ngugi new CEO

By | 4 weeks ago

Before his appointment to take over leadership of Kenya Power, Bernard Ngugi served as the general manager in charge of supply....

Bernard Arnault
France’s richest man, Bernard Arnault, eyes $14.5bn Tiffany takeover

By | 4 weeks ago

LVMH, owned by France's richest man, Bernard Arnault, has brands including Christian Dior, Givenchy, and Bulgari....

NYS garment factory
Where are the jobs? Youth ask amid worrying trend of lay offs

By | 4 weeks ago

More worrying is the frequency of reports of companies that are sending home workers, citing oversupply and increased costs....

Finlays
Nearly 7,000 workers laid off in Kenya since January this year

By | 4 weeks ago

By the second half of 2019, over companies operating in Kenya announced mass lay off affecting at least 6,800 workers....

The Kenyan Government on Wednesday, July 10 directed Safaricom, Telkom and Airtel to withdraw the Paybill numbers used by suspended 27 betting companies. [PHOTO | COURTESY]
Safaricom unveils no expiry data bundles in wake of complaint

By | 1 month ago

The fear of a law suit seems to have driven Safaricom to unveil data bundles and airtime with no expiry date. This is after city based lawyer Adrian K...

Herbs and Spices farming
Fast facts on farming herbs and spices| Ukulima 101

By | 1 month ago

Some of the herbs and spices you can grow in your backyard include: basil, mint, rosemary, oregano, coriander, parsley, among others....

Chase Bank
Chase Bank fraud victims allowed to cross-examine directors

By | 1 month ago

Firm says its clients, Good News Church of Africa and Gospel Furthering Bible Church Trust Registered Trustees, lost Sh200m in Chase Bank ....

Mara Phones
Kagame opens smartphones factory in Kigali

By | 2 months ago

Rwanda has opened a smartphones manufacturing factory in Kigali’s Special Economic Zone. Mara Phones factory was launched by Rwandan President Paul ...

HSBC
HSBC planning to cut 10,000 more posts: Financial Times

By | 2 months ago

HSBC is planning to lay off up to 10,000 staff, a report said Monday, just weeks after announcing the resignation of its chief executive and the cutti...

data bundles
The hushed downside of Kenya’s quick mobile loans

By | 2 months ago

Over the past 10 years mobile-based lending has grown in Kenya. Some estimates put the number of mobile lending platforms at 49. The industry is large...

Thika superhighway
Kenol-Sagana-Marua Rd dual carriageway project on as Sh23bn loan approved

By | 2 months ago

The Board of Directors of the African Development Bank (AfDB) Group has approved Sh23 billion loan (€209 million) to fund the expansion of a highway...

Dr Patrick Njoroge
Guess how much CBK boss is holding in each hand

By | 2 months ago

Central Bank of Kenya boss, Dr Patrick Njoroge, has revealed that the old Sh1,000 notes will be turned into briquettes. Briquettes are used as fuel an...

All outdated Sh1,000 notes collected from Kenyans can fit five 40-ft containers: CBK

By | 2 months ago

The old Sh1,000 banknotes mopped up by Central Bank of Kenya (CBK) would fit in only five 40-ft containers, governor Dr Patrick Njoroge revealed on We...

Little Shuttle
Little Shuttle shut down over licensing issues, CEO reveals in ‘sad’ email

By | 2 months ago

Little Shuttle will no longer be in operation starting October 1, 2019, the firms chief executive revealed in an emotional email to riders on Monday. ...

Beijing airport
Beijing opens glitzy airport ahead of China’s 70th anniversary

By | 2 months ago

New Beijing airport is seen as a fitting embodiment of the "Chinese dream" Xi Jinping has offered his fellow citizens....

The Mumias Sugar Company Limited was on Tuesday, September 24, 2019, placed under receivership by KCB. [PHOTO | FILE]
Mumias Sugar placed under receivership

By | 2 months ago

The Mumias Sugar Company Limited has been placed under receivership by the Kenya Commercial Bank (KCB)....

5G network
Health fears over radiation prompt Swiss 5G revolt

By | 2 months ago

Growing number of Swiss are voicing alarm at possible health effects from exposure to the electromagnetic rays radiating from antennas....

Andela
170 Kenyans to lose jobs as Andela lays off developers

By | 2 months ago

Andela says it will let go of over 400 software developers as it tweaks its business model to hire more experienced engineers....

Mercy Wanjau
Mercy Wanjau reshuffles CA’s top managers

By | 2 months ago

Communications Authority of Kenya acting director-general, Mercy Wanjau, is making her presence felt at the telecommunications regulator. Hardly a mon...

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