Business
Shelter Afrique approves Ksh.2.9 billion housing loan to Landmark Africa
November 2, 2022
Shelter Afrique approves Ksh.2.9 billion housing loan to Landmark Africa
Pan-African housing development financier Shelter Afrique has approved a Ksh.2.9 billion (USD24.03 million) commercial loan to Lagos-based Tier 1 real…
COTU backs Ruto’s proposal on a 6% cut from workers’ salaries to NSSF
November 1, 2022
COTU backs Ruto’s proposal on a 6% cut from workers’ salaries to NSSF
President William Ruto received an impetus in his quest for all Kenyan employees to have six percent of their gross…
KenGen replaces Rebecca Miano with Abraham Serem as MD, CEO
November 1, 2022
KenGen replaces Rebecca Miano with Abraham Serem as MD, CEO
The Board of Directors of Kenya Electricity Generating Company PLC (KenGen) has in its sitting of Friday, October 28, 2022,…
M-Pesa revenue to surpass a record Ksh.107 billion as subscribers hit 32 million
November 1, 2022
M-Pesa revenue to surpass a record Ksh.107 billion as subscribers hit 32 million
Safaricom made public the total number of its mobile money network users, M-Pesa, days after it switched on its network…
Jumia anticipates millions of customers on its 7th Black Friday invite
November 1, 2022
Jumia anticipates millions of customers on its 7th Black Friday invite
Millions of consumers are expected to log on to the Jumia App to leverage online sales in the company’s 7th…
Ruto launches monthly “rent-to-own” housing units in Kibra for as low as Ksh.2400
October 25, 2022
Ruto launches monthly “rent-to-own” housing units in Kibra for as low as Ksh.2400
President William Ruto launched the construction of 4,054 affordable housing units in Kibera Soweto B Social Housing Project, Nairobi. The…
DP Gachagua flags off Russian subsidised fertilizer for small holder farmers
October 24, 2022
DP Gachagua flags off Russian subsidised fertilizer for small holder farmers
Deputy President Rigathi Gachagua assured Kenyan farmers that the Kenya Kwanza government would aggressively pursue markets for their produce as…
Electricity price up by Ksh.7.09 per unit amid weakening shilling
October 24, 2022
Electricity price up by Ksh.7.09 per unit amid weakening shilling
The cost of electricity has risen for the second month in a row adding more pain to an ever rising…
Netflix reignites growth albeit at slow pace
October 24, 2022
Netflix reignites growth albeit at slow pace
When Netflix reported its third quarter earnings this October, the company had a pleasant surprise for its shareholders. The streaming…
ICT CS nominee Owalo hints at changing KBC name
October 21, 2022
ICT CS nominee Owalo hints at changing KBC name
Eliud Owalo, the Cabinet Secretary nominee for the position of Information Communication Technology (ICT) hinted at changing the name of…