Markets
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Bitcoin hits record high to trade at Ksh. 6.8 million
Bitcoin hit a record of Ksh. 6,800,495.73 on Wednesday, extending its 2021 rally to new heights a day before coinbase’s…
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Car owners, drivers sign onto Myride
Car owners and drivers using digital taxi applications have signed an agreement with Myride pap limited, a digital taxi company,…
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Oil prices drop as coronavirus caseloads rise
Oil slipped on Monday in thin trading as rising COVID-19 case numbers in some parts of the world kept a…
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What’s next for Russia’s Sputnik COVID-19 vaccine in Kenya?
Pharmacy and Poisons Board (PPB) has revealed that one of the importers of the Sputnik V vaccine is keen on…
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Kenya shilling holds steady against U.S dollar
The Kenyan Shilling has strengthened further against the U.S Dollar buoyed by improved forex reserves. The shilling anchorage can be…
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Kenya in race to take over Ksh.750 billion in Eurobonds
Kenya is in a race to take up nearly Ksh.792.33 billion in Eurobonds over the next 18 months. According to…
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Extension of suspension from trading KQ shares to stay for further 9 months
The Nairobi Securities Exchange (NSE) has extended the suspension from trading the Kenya Airways (KQ) shares for a further nine…
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LG to wind up smartphone business, completely withdraw from market
LG Electronics, South Korea’s second-largest appliance firm after Samsung, is closing down its loss-making mobile phone business, after failing to…
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Oil down 5% as rising OPEC+, Iranian output weighs
Oil fell by more than Ksh. 326.46 ($3) a barrel on Monday as rising supply from OPEC+ and higher Iranian…
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Nairobi business ventures to acquiring stakes, assets in local firms
The listed trading firm, Nairobi Business Ventures has announced that it is in the process of acquiring shareholding and assets…
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