Business
Bitcoin tumbles 9% to Ksh.2.7 million
June 13, 2022
Bitcoin tumbles 9% to Ksh.2.7 million
The price of Bitcoin tumbled 9 percent to Ksh.2.7 million (US$.24,000) last figures last seen in December 2020.Some crypto analysts…
Major crypto lender freezes withdrawals as markets tumble
June 13, 2022
Major crypto lender freezes withdrawals as markets tumble
Major U.S. cryptocurrency lending company Celsius Network on Monday froze withdrawals because of “extreme market conditions,” in the latest sign…
U.S. inflation rises to 8.6% year on year in May
June 13, 2022
U.S. inflation rises to 8.6% year on year in May
The U.S. Labor Department on Friday reported that the consumer price index rose to 8.6% in May from the same…
Report: Over one million children acutely malnourished in Kenya
June 13, 2022
Report: Over one million children acutely malnourished in Kenya
Close to one million children aged 6-59 months are acutely malnourished according to the National Drought Management Authority (NDMA) in…
South Africa’s oldest private airline, Comair, permanently grounded
June 13, 2022
South Africa’s oldest private airline, Comair, permanently grounded
Comair, South Africa’s oldest private airline, will stop operations permanently after its bankruptcy protection lawyers filed an application to liquidate…
Tanzania signs Ksh.3.5 trillion natural gas project with Shell for export
June 13, 2022
Tanzania signs Ksh.3.5 trillion natural gas project with Shell for export
Tanzania has signed a framework agreement with Norway’s Equinor and Britain’s Shell for the construction of a Ksh.3.5 trillion project…
U.S steps up efforts to deter Russia’s invasion of Ukraine as world stares at food crisis in years
June 10, 2022
U.S steps up efforts to deter Russia’s invasion of Ukraine as world stares at food crisis in years
The United States is stepping up efforts to deter Russia’s invasion of Ukrane three months on, a situation that has…
Inflation worries send global stock markets to two-week lows
June 10, 2022
Inflation worries send global stock markets to two-week lows
World stocks hit a two-week low on Friday as rate hike guidance from the European Central Bank and jitters over…
Govt to support Ksh.12 billion film industry to match international standards via digital technology
June 10, 2022
Govt to support Ksh.12 billion film industry to match international standards via digital technology
The Kenyan government has assured content creators of a continued commitment to supporting the film industry through relevant agencies to…
Reprieve for Meru farmers as Somalia lifts ban on Miraa import
June 10, 2022
Reprieve for Meru farmers as Somalia lifts ban on Miraa import
Somalia and Kenya have reached a deal to allow Miraa importation to the former after a two-year ban.It happens a…