Business

Ukraine needs more than Ksh.800 billion monthly in aid to rebuild after Russia invasion

Ukraine needs more than Ksh.800 billion monthly in aid to rebuild after Russia invasion

Ukraine needs at least  Ksh.800 billion a month until the summer to keep its economy afloat amid the economic losses…
IEBC announces 418,642 job vacancies; how to apply

IEBC announces 418,642 job vacancies; how to apply

The Independent Electoral and Boundaries Commission (IEBC) has announced 418,642 temporary jobs in preparation for the August 9, 2022, general…
Tesla revenue up by Ksh.2.1 trillion in Q1

Tesla revenue up by Ksh.2.1 trillion in Q1

Tesla reported first-quarter earnings for 2022 and beat analysts’ expectations on the top and bottom lines.Shares rose as high as…
Laikipia woos investors with a Ksh.160 million smart city construction

Laikipia woos investors with a Ksh.160 million smart city construction

Laikipia County has kicked off the improvement of Doldol trading centre at a tune of Sh160 million in anticipation of…
Italy to drop gas dependence on Russia with Africa as substitute

Italy to drop gas dependence on Russia with Africa as substitute

Italian ministers are in central Africa in an urgent quest for new energy deals as Italy scrambles to break away…
Nation Media declares Ksh.1.5 per share after posting Ksh.584.7 million net profit

Nation Media declares Ksh.1.5 per share after posting Ksh.584.7 million net profit

Nation Media Group (NMG) has declared a dividend payout of Ksh.1.5 per share to shareholders after it posted a Ksh.584.7…
Netflix subscription drops by 200,000 in Q1 over service charge

Netflix subscription drops by 200,000 in Q1 over service charge

Netflix is experiencing the toughest time in more than a decade, as subscribers opt for cheaper services in the streaming…
Port of Mombasa records high transshipment traffic over delays in Tanzania

Port of Mombasa records high transshipment traffic over delays in Tanzania

East Africa’s largest and Kenya’s Port of Mombasa is experiencing substantive transshipment business as more ships evade berthing delays and…
Uber suspends operations in Tanzania indefinitely over price regulations

Uber suspends operations in Tanzania indefinitely over price regulations

Ride-hailing company Uber has suspended its operations in Tanzania indefinitely following the imposition of a “fare guide” imposed by the…
Police officers to get new cars on hire in Ksh.10 billion deal

Police officers to get new cars on hire in Ksh.10 billion deal

The Kenyan government will spend Ksh.10 billion to hire cars for police officers, according to the National Treasury books.Leasing of…
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