Markets
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Uber suspends operations in Tanzania indefinitely over price regulations
Ride-hailing company Uber has suspended its operations in Tanzania indefinitely following the imposition of a “fare guide” imposed by the…
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Govt flags petrol stations for overpricing fuel
Four petrol stations have been flagged for overpricing contrary to the ceiling price in the April review. The stations are…
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UK annual inflation soars to 7% in March
Britain’s annual inflation rate soared to its highest level in three decades last month as energy prices rocket, official data…
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KEBS puts Italian candy maker on notice over safety concerns
Kenya Bureau of Standard (KEBS) has put Italian Candy Maker Ferrero which makes Kinder Joy chocolate on notice citing safety…
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Oil marketers ordered to release fuel to rural areas
The Ministry of Petroleum directed big Oil Marketers Companies (OMC) to sell available stocks to independent dealers to ease a…
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Treasury raises over Ksh.33 billion from three-year bond sale
The Treasury raised Ksh.33.1 billion from the sale of the three-year bond, falling short of the Ksh.40 billion targets. The…
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Mobile lenders to inform borrowers of listing with CRBs month prior
Digital lenders are now required to notify loan defaulters a month prior, before presenting their names to the Credit Reference…
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List of shareholders at TotalEnergies, their percentage share
Kenya has been gripped by a fuel crisis for almost a month now, with the government admitting that it contributed…
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Jumia inks deal with UPS to expand logistics services across Africa
Jumia and UPS a Global logistics and package delivery company announced a partnership giving UPS access to Jumia’s last-mile logistics…
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Kenya Shilling hits 15-month all time low to 115 units against US Dollar
The Kenya shilling hit a 15-month all-time low of 115 units against the US dollar Monday, the lowest record in…
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