Business
KBC risks shutdown over Ksh.10 billion pension fund owed to employees
May 4, 2022
KBC risks shutdown over Ksh.10 billion pension fund owed to employees
State-owned broadcaster, Kenya Broadcasting Corporation (KBC) risks being shut down after the High Court ordered it to remit Ksh.10 billion…
Lobby group challenges govt to formulate policies to encourage rice farming
May 4, 2022
Lobby group challenges govt to formulate policies to encourage rice farming
International Rice Research Institute (IRRI) has urged the government to empower policies that will allow local rice farmers to earn…
Xiaomi smartphones on spot over Ksh.83.9 billion fake business deals
May 3, 2022
Xiaomi smartphones on spot over Ksh.83.9 billion fake business deals
India has seized Ksh.83.9 billion ($725 million) from Chinese smartphone maker Xiaomi’s local bank accounts, accusing the tech firm of…
NSSF buys extra 11 million shares from KCB Bank worth Ksh.440.5 million
May 3, 2022
NSSF buys extra 11 million shares from KCB Bank worth Ksh.440.5 million
The government-owned National Social Securities Fund (NSSF) has purchased an additional 11.7 million shares from Kenya Commercial Bank (KCB) valued…
NCBA profit up 21.4% to Ksh.3.4 billion in Q1 2022
May 2, 2022
NCBA profit up 21.4% to Ksh.3.4 billion in Q1 2022
NCBA bank’s net profit for the first three months of 2022 surged by 21.4 percent to post Ksh.3.4 billion from…
What 12% pay rise means for Kenyan employees
May 2, 2022
What 12% pay rise means for Kenyan employees
President Uhuru Kenyatta raised the minimum wage for Kenyan employees by 12 percent as he prepares to exit office in…
Heavy traffic announced on Nairobi’s major highways ahead of Kibaki’s funeral service
April 28, 2022
Heavy traffic announced on Nairobi’s major highways ahead of Kibaki’s funeral service
Motorists in Nairobi city will experience heavy traffic this Friday starting at 7 am ahead of the funeral service of…
Stocks trading on NSE to remain shut for 3 days
April 28, 2022
Stocks trading on NSE to remain shut for 3 days
Stocks trading on the Nairobi Securities Exchange (NSE) will remain shut for three days starting April 29, 2022.This will stretch…
Phyllis Wakiaga exits KAM after 9 years of reign
April 28, 2022
Phyllis Wakiaga exits KAM after 9 years of reign
Phylis Wakiaga is exiting the Kenya Association of Manufacturers (KAM) after nine years of reign.She has already served an exit…
Kenya brokers final deal with oil marketers to end fuel shortage
April 27, 2022
Kenya brokers final deal with oil marketers to end fuel shortage
The Oil Marketing Companies (OMCs) have appeared less hawkish over fuel supply in Kenya following the government’s announcement that it…