Business
General Motors cuts salaried staff after sluggish revenue results
March 1, 2023
General Motors cuts salaried staff after sluggish revenue results
General Motors (GM) is looking to save $2,000,000,000 in revenues, following its lackluster revenue performance in the latest results. In…
Uranium price up to Ksh.6,300 per pound on increased nuclear power demand
March 1, 2023
Uranium price up to Ksh.6,300 per pound on increased nuclear power demand
Amidst the global energy crisis and the push towards achieving net-zero emissions, nuclear energy is experiencing a resurgence. Countries worldwide…
CS Linturi rallies Pakistan to tap more into Kenya’s Ksh.65 billion agricultural products
February 28, 2023
CS Linturi rallies Pakistan to tap more into Kenya’s Ksh.65 billion agricultural products
Agriculture Cabinet Secretary Mithika Linturi toured Pakistan Monday and met with the Pakistan Federal Minister of Food Security and Research…
EFG Hermes Kenya launches digital end-to-end registration of new trading accounts
February 27, 2023
EFG Hermes Kenya launches digital end-to-end registration of new trading accounts
EFG Hermes Kenya, the leading brokerage firm in Kenya, has launched an all-new digital onboarding process for its online trading…
Superior Homes, NCTTCA enter into deal for roadside stations for truck drivers
February 27, 2023
Superior Homes, NCTTCA enter into deal for roadside stations for truck drivers
Superior Homes Kenya has entered into a partnership with the Northern Corridor Transit and Transport Coordination Authority (NCTTCA) to enhance…
Kenya drops in ranking as most innovative state with Botswana taking lead
February 24, 2023
Kenya drops in ranking as most innovative state with Botswana taking lead
African states had much to show in the innovative world, at a time when the coronavirus was at its peak…
Kenya Shilling nears 127 mark against dollar after breaking 126 level Wednesday
February 24, 2023
Kenya Shilling nears 127 mark against dollar after breaking 126 level Wednesday
The Kenyan Shilling took the worst hit to trade at its weakest against the US dollar Friday, perhaps the worst…
Tanzania makes changes in Investment laws favouring foreign investors
February 23, 2023
Tanzania makes changes in Investment laws favouring foreign investors
The Tanzanian government made changes to its investment laws, heralding opportunities for foreigners seeking to invest in the country. In…
KCB Group sets up special team to collect Ksh.120 billion in bad loans
February 21, 2023
KCB Group sets up special team to collect Ksh.120 billion in bad loans
KCB Group chief executive Paul Russo has initiated a restructuring of the business to accelerate bad loans recovery and improve…
Kenya on boards World Bank to unlock affordable housing supply
February 20, 2023
Kenya on boards World Bank to unlock affordable housing supply
Kenya is engaging the World Bank to unlock housing supply to amplify President William Ruto’s housing agenda and to help…