Economy
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Kenya deports RuBis boss Jean Christian Bergeron over fuel crisis
Kenya has deported RuBis Energy Kenya Chief Executive Officer Jean Christian Bergeron for sanctioning fuel in the country. The government…
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US inflation up 8.5% in March, highest rate since 1981
Equity markets in Europe and New York fell Tuesday following another report showing red-hot U.S. inflation, while oil prices pushed…
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Over 20 Kenyan companies invest Ksh.115.4 billion in DR Congo after joining EAC under Equity deal
Twenty six (26) Kenyan companies have committed trade investments worth Ksh.115.4 billion (US$.1.6Billion) in the Democratic Republic of Congo. The…
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KeNIA signs deal to promote entrepreneurship innovation in Kenya
The Kenya National Innovation Agency (KeNIA) and the Association of Startups and SME Enablers of Kenya (ASSEK) have partnered to…
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State pushes for 20% excise duty on punters for second time
The National Treasury Cabinet Secretary Ukur Yatani seeks to increase excise duty as changes are made to the Excise Duty…
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NSE listed banks’ net profit grew to Ksh.141.5 billion in 2021; here’s how
Banks’ net profit through the 12 months to December 31, 2021, rose to Ksh.141.5 billion from Ksh.80.29 billion in 2020.…
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KQ cuts staff by 3% to 3544 to save on operating cost
Kenya Airways (KQ) cut its manpower from 3652 in 2020 to 3544 in 2021 to represent a three percent cut…
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President Kenyatta, Tshisekedi sign treaty of association of DR Congo into EAC
Presidents Uhuru Kenyatta and Felix Tshisekedi signed the treaty of accession of DR Congo into the East African Community (EAC)…
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TSC allocated Ksh.2.5 billion for recruitment of teachers
The Teachers Service Commission (TSC) has been allocated Ksh.2.5 billion for recruitment of teachers. This was revealed by National Treasury…
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