Economy
-
1 billion people lost jobs because of COVID-19
One in two people have lower earnings due to the pandemic and people in lower-income countries were affected the most. …
Read More » -
Kenya Power to lay off staff in new business review
Kenya Power and Lighting Company (KPLC) plans to lay off an unspecified number of employees from its 10,481 workforce. The…
Read More » -
President Kenyatta commissions Lamu Port
President Uhuru Kenyatta has commissioned the first three berths of the new Lamu Port. The newly built Port of Lamu…
Read More » -
Uhuru woos American SMEs
President Uhuru Kenyatta is now charming American Small and Medium Enterprises (SMEs) to invest in Kenya to help unlock the…
Read More » -
How government’s laxity is killing Kenya’s sugar subsector
Sugar industry stakeholders are decrying government laxity in cracking down on illegal sugar importation in the country. According to the…
Read More » -
MPs back Treasury bid to exempt KQ from 1% minimum tax
Members of Parliament (MPs) have approved the National Treasury’s decision to exempt Kenya Airways (KQ) and its subsidiaries from paying…
Read More » -
Kenya to receive second payment of IMF’s Ksh.255 bn loan facility
The International Monetary Fund (IMF) has cleared Kenya to receive its second batch of an advanced loan facility of Ksh.44.07…
Read More » -
New Airline launches direct flight to Kisumu from JKIA
Local air carrier, 748 Air Services has announced plans to roll out daily direct flights from the Jomo Kenyatta International…
Read More » -
Dubai hotels to operate at full capacity as UAE relaxes COVID-19 restrictions
Dubai has officially eased COVID-19 restrictions allowing hotels in the regional tourism hubs to function at full capacity. The Government…
Read More » -
Transcentury proposes Rights Issue to boost its turnaround strategy
Listed investment firm, Transcentury Plc has proposed to undertake a Rights Issue to raise funds as part of its turnaround…
Read More »