Year: 2022
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Corporate
CCI Global commissions new office construction at Tatu City with over 4,000 jobs in offing
CCI Global has begun the construction work of its new block on Eneo at Tatu Central, its ultra-modern contact centre…
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Corporate
KRA shuts down Keroche Breweries with over 400 staff affected
Kenya’s local brewing company Keroche has been caught on the receiving end once again in a renewed tax dispute with…
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Economy
Top five wealthiest people lost Ksh.40.5 trillion on Monday over inflation fears
The top five wealthiest men on the planet lost a whooping Ksh.40.5 trillion on Monday alone on the backdrop of…
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Politics
Sakaja education scandal; Senator refuses to table evidence proving degree certificate
Nairobi Senator Johnson Sakaja refused to table evidence proving that he is a degree holder in an ongoing hearing of…
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Politics
Parliament tables Ksh.100,000 prize for winner in naming its new office; how to apply
The Parliamentary Service Commission (PSC) is seeking to name its newly erected storey building in Nairobi’s Central Business District (CBD)…
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Corporate
Peter Kioko replaces Russo as National Bank managing director in interim capacity
National Bank of Kenya (NBK) Board has appointed Peter Kioko as the Managing Director in an interim capacity, effective June…
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Markets
Bitcoin tumbles 9% to Ksh.2.7 million
The price of Bitcoin tumbled 9 percent to Ksh.2.7 million (US$.24,000) last figures last seen in December 2020. Some crypto…
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Markets
Major crypto lender freezes withdrawals as markets tumble
Major U.S. cryptocurrency lending company Celsius Network on Monday froze withdrawals because of “extreme market conditions,” in the latest sign…
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Economy
U.S. inflation rises to 8.6% year on year in May
The U.S. Labor Department on Friday reported that the consumer price index rose to 8.6% in May from the same…
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Economy
Report: Over one million children acutely malnourished in Kenya
Close to one million children aged 6-59 months are acutely malnourished according to the National Drought Management Authority (NDMA) in…
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