Business
Road accidents have claimed 1,968 lives in six months
June 8, 2022
Road accidents have claimed 1,968 lives in six months
New statistics show that 1968 Kenyans dies in road accidents since January this year.According to the National Transport and Safety…
Court freezes over Ksh.115 million belonging to Kenyan woman in money laundering fight
June 8, 2022
Court freezes over Ksh.115 million belonging to Kenyan woman in money laundering fight
Anti-Corruption Court froze Ksh.115 million wired from Mauritius to a Kenyan woman in an intensified fight against money laundering.A woman…
World Bank revises Kenya’s economic growth to 5.5% in 2022
June 7, 2022
World Bank revises Kenya’s economic growth to 5.5% in 2022
The World Bank estimates Kenya’s economy to grow by 5.5 percent this year, an upward revision from December estimates of…
Kenyan MPs agree to raise debt ceiling to Ksh.10 trillion
June 7, 2022
Kenyan MPs agree to raise debt ceiling to Ksh.10 trillion
Kenya’s Members of Parliament voted to raise the current debt ceiling from Ksh.9 trillion to Ksh.10 trillion.This gives the next…
EU agrees all phones to use Type-C charger in blow to iPhone
June 7, 2022
EU agrees all phones to use Type-C charger in blow to iPhone
The European Union (EU) unanimously agreed on a deal that will see all phones, tablets and cameras use a common…
Over 200 countries recognize M-Pesa services with its new visa card
June 7, 2022
Over 200 countries recognize M-Pesa services with its new visa card
M-Pesa services will now be available across the world, proving the platform’s formidable stand as one of Africa’s largest mobile…
Isuzu, Jumbo Steel sign a Ksh.400 million tracks deal for Kisumu factory
June 7, 2022
Isuzu, Jumbo Steel sign a Ksh.400 million tracks deal for Kisumu factory
Isuzu East Africa (EA) handed over 82 tracks purchased by Jumbo Steel Mills at a cost of Ksh.400 million to…
Jumbo Steel Mills opens its Ksh.2 billion Kisumu plant targeting 600 new employees
June 7, 2022
Jumbo Steel Mills opens its Ksh.2 billion Kisumu plant targeting 600 new employees
A local steel manufacturer Jumbo Steel Mills has opened its Ksh.2 billion plant in Kisumu for the manufacturing of new…
Ethiopia warns its citizens against trading in cryptocurrencies
June 6, 2022
Ethiopia warns its citizens against trading in cryptocurrencies
Ethiopia’s Central Bank has issued a warning to Ethiopians against engaging in illegal transactions in digital currencies.The National Bank of…
Kenya to receive Ksh.17.5 billion loan from AfDB for Nairobi-Nakuru Highway upgrade
June 6, 2022
Kenya to receive Ksh.17.5 billion loan from AfDB for Nairobi-Nakuru Highway upgrade
Kenya is set to receive Ksh.17.5 billion from the African Development Bank (AfDB) for the upgrade of the Nairobi Nakuru…