Month: November 2019
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Business
Ethiopia to substitute cheaper S.Sudan oil with Middle East’s
Ethiopia has resorted to start shipping cheaper oil from South Sudan to substitute the expensive one from the Middle East.…
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News
Kenyans left at the mercy of banks as MPs fail to stop repeal on rate cap
Kenyans were on Tuesday left at the mercy of commercial banks after the National Assembly (NA) failed to stop repeal…
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News
Aubameyang confirmed as new Arsenal captain
Pierre-Emerick Aubameyang has been named Arsenal’s new club captain after Granit Xhaka was stripped of the armband. Gunners boss Unai…
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News
Tax appeals tribunal given 3 months to give its progress report
President Uhuru Kenyatta has challenged the judiciary to expedite tax disputes before it in the fastest time possible. In a…
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Business
Samsung to shut down US CPU research division
Samsung electronics co ltd said on Tuesday it will shut down a CPU research division at one of its US…
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News
Uber’s quarterly loss widens as costs rise; shares fall
Uber Technologies Inc on Monday posted a wider third-quarter loss as the company tries to outspend competitors through discounts and…
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News
Deal expected to include a US pledge to scrap tariffs on Chinese imports
China is pushing U.S. President Donald Trump to remove more tariffs imposed in September as part of a “phase one”…
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News
Mixed reactions over the interest rate cap
Experts are expressing mixed reactions over the interest rate cap ahead of the debate in parliament this afternoon to decide…
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Business
Government suspends 7 peanut butter brands over high aflatoxin levels
The Kenya Bureau of Standards (KEBS) has suspended seven peanut butter brands after they were found to contain excess levels…
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Business
Safaricom is mulling lowering rates on its mobile lending platforms
Safaricom is considering lowering the customer charges on its M-Pesa, M-Shwari and Fuliza amid pressure from the government to curb…
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