Business
High Dollar demand weakens Kenya shilling to 0.1 units shy to attain 117 record level
June 6, 2022
High Dollar demand weakens Kenya shilling to 0.1 units shy to attain 117 record level
The Kenya Shilling weakened further against the U.S Dollar Monday, indicating a piled pressure on commodity prices Kenyans are struggling…
Biden to reverse Trump’s sanctions against China in bid to ease inflation
June 6, 2022
Biden to reverse Trump’s sanctions against China in bid to ease inflation
U.S. Commerce Secretary Gina Raimondo said on Sunday that President Joe Biden has asked his team to look at the…
Pwani Oil struggling to produce cooking oil over U.S Dollar shortage in market
June 6, 2022
Pwani Oil struggling to produce cooking oil over U.S Dollar shortage in market
Pwani Oil is struggling to put out cooking oil in the market over a lack of enough raw material in…
Proposed tax hike on beer to hurt over 47, 000 sorghum farmers
June 3, 2022
Proposed tax hike on beer to hurt over 47, 000 sorghum farmers
Sorghum farmers in Kisumu County have opposed the proposed increase in excise duty on beer by 10 percent and raw…
Faulu bank introduces new insurance cover for critical illnesses
June 3, 2022
Faulu bank introduces new insurance cover for critical illnesses
Faulu Microfinance Bank has introduced a critical illness insurance cover under its bancassurance business aimed at providing additional coverage for…
DIB Bank opens 6th branch in Nairobi
June 3, 2022
DIB Bank opens 6th branch in Nairobi
DIB Bank Kenya Limited has opened its sixth branch in Nairobi, at JKUAT Towers. Dubbed ‘Banda Street Branch’ the new…
National Bank wins 4 awards at Think Business Awards 2022
June 3, 2022
National Bank wins 4 awards at Think Business Awards 2022
National Bank of Kenya (NBK) scooped four awards in the Think Business Banking Awards 2022. NBK was feted in four…
Co-op bank bags regional bank of the year award for excellence banking
June 3, 2022
Co-op bank bags regional bank of the year award for excellence banking
The Co-Operative Bank of Kenya has been crowned as East Africa’s Regional Bank of the Year by the African Development…
Safaricom, Visa launch “M-Pesa GlobalPay Visa Virtual” card
June 3, 2022
Safaricom, Visa launch “M-Pesa GlobalPay Visa Virtual” card
Safaricom and Visa, the global leader in digital payments, Thursday introduced the first M-PESA GlobalPay Visa Virtual card to open…
Russia, Saudi agree to further boost oil output amid soaring prices
June 2, 2022
Russia, Saudi agree to further boost oil output amid soaring prices
Major oil producers, led by Saudi Arabia and Russia, on Thursday decided to open their taps wider than expected amid…