Business
Global motorists saddled by high fuel costs for first time in history; A look at Kenya, its peers
June 17, 2022
Global motorists saddled by high fuel costs for first time in history; A look at Kenya, its peers
Fuel prices have more than doubled in two years, saddling millions of motorists with enormous costs.For example, in the United…
Let Keroche go, Odinga responds to KRA for shutting down Keroche breweries
June 17, 2022
Let Keroche go, Odinga responds to KRA for shutting down Keroche breweries
“Don’t kill the goose that lays the golden egg,” said Azimio La Umoja Presidential flag bearer Raila Odinga who slammed…
How NMS plans to force matatus from Nairobi CBD
June 17, 2022
How NMS plans to force matatus from Nairobi CBD
Matatus in Nairobi’s Central Business District (CBD) will be phased out of the city before the end of the year…
Kenya banking on KenGen to effect 15% power cut in second phase
June 17, 2022
Kenya banking on KenGen to effect 15% power cut in second phase
The Kenyan government is now banking on the electricity generating company, KenGen, to effect the remaining 15 percent power cut.This…
Qatar Airways posts record Ksh.180.8 billion profit despite pandemic
June 17, 2022
Qatar Airways posts record Ksh.180.8 billion profit despite pandemic
Qatar Airways on Thursday posted a record net profit of Ksh.180.8 billion for the 2021-2022 financial year. The air carrier…
What you need to know about central banks raising benchmark lending rates
June 16, 2022
What you need to know about central banks raising benchmark lending rates
Central Banks in both developed and emerging economies are raising their benchmark lending rates amidst the high cost of living…
Govt allocates Ksh.100 billion for fuel subsidy in next fiscal year
June 16, 2022
Govt allocates Ksh.100 billion for fuel subsidy in next fiscal year
The Kenyan Government has allocated Ksh.100 billion for fuel subsidy in the next fiscal year starting July 1, 2022, to…
Nakuru approves Land Management Bill to tame land disputes, illegal allotments
June 16, 2022
Nakuru approves Land Management Bill to tame land disputes, illegal allotments
Nakuru County Assembly has approved new legislation meant to regularise land ownership and development in order to forestall land disputes,…
EABC, AHERI partner to transform East African economy
June 16, 2022
EABC, AHERI partner to transform East African economy
The East African Business Council (EABC) has partnered with the Africa Higher Education Research Institute (AHERI) in a move meant…
Bank of England raises interest rate to 1.25%
June 16, 2022
Bank of England raises interest rate to 1.25%
The Bank of England (BoE), the central bank of the United Kingdom, on Thursday, raised its benchmark interest rate by…