Business
Absa Life Assurance Kenya net profit up 84% to Ksh.245 million
April 26, 2022
Absa Life Assurance Kenya net profit up 84% to Ksh.245 million
Absa Life Assurance, a subsidiary of Absa Bank Kenya, has gained 84 percent net profit to Ksh.245 million for the…
IMF agrees to advance Kenya extra Ksh.28 billion loan
April 26, 2022
IMF agrees to advance Kenya extra Ksh.28 billion loan
The International Monetary Fund (IMF) has reached an agreement to advance Kenya an extra Ksh.28 billion loan.This is part of…
“Be my love in the rain,” says Elon Musk after spending Ksh.5 trillion to buy Twitter
April 26, 2022
“Be my love in the rain,” says Elon Musk after spending Ksh.5 trillion to buy Twitter
Trillionaire (in Kenyan currency) Elon Musk finally brokered a deal with Twitter shareholders to buy the tech company at a…
High Dollar demand weakens shilling further to 115.7 level
April 26, 2022
High Dollar demand weakens shilling further to 115.7 level
The Kenya Shilling has increased its vulnerability pace against the U.S Dollar, indicating a piled pressure on common commodity prices…
Elon Musk officially buys Twitter
April 25, 2022
Elon Musk officially buys Twitter
Elon Musk, the chief executive of Telsa Inc has officially bought Twitter.Musk brokered the deal with Twitter shareholders Monday to…
Elon Musk starts negotiation deal to buy Twitter at Ksh.4.9 trillion
April 25, 2022
Elon Musk starts negotiation deal to buy Twitter at Ksh.4.9 trillion
Social media giant Twitter has begun deal negotiations with Elon Musk after he wooed many of the company’s shareholders with…
Bitcoin value down 3% to Ksh.4.4 million
April 25, 2022
Bitcoin value down 3% to Ksh.4.4 million
Bitcoin value slumped by three percent Monday to Ksh.4.4 million, having moved below the key Ksh.4.6 million level late on FridayThis…
Kenya Shilling now 0.3 units shy to hit 116 level against US Dollar
April 25, 2022
Kenya Shilling now 0.3 units shy to hit 116 level against US Dollar
The shilling is speculated to weaken to its lowest even further because Indonesia is imposing a ban on palm oil…
Stocks, euro and oil stocks all tumble in Monday trading
April 25, 2022
Stocks, euro and oil stocks all tumble in Monday trading
Global stocks tumbled Monday after last week’s ugly close in the U.S. when the New York-based Dow Jones industrial average…
Cooking oil prices to rise further on banned commodity export by Indonesia
April 25, 2022
Cooking oil prices to rise further on banned commodity export by Indonesia
Indonesia, the world’s top palm oil producer announced plans to ban exports of the most widely used cooking oil and…