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Absa Life Assurance Kenya net profit up 84% to Ksh.245 million

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

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

“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

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

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

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

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

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

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

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…
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