Business

Diesel, Petrol prices up by Ksh.9 per litre in June review

Diesel, Petrol prices up by Ksh.9 per litre in June review

Kenyan motorists will dig deeper into their pockets for the next 30 days following a newly revised pump price by…
Kenya seeks Ksh.25 billion to fill up borrowing gap by June 23

Kenya seeks Ksh.25 billion to fill up borrowing gap by June 23

Kenya is now seeking an additional Ksh.25 billion from the Treasury Bonds to fill up the local borrowing gap before…
CCI Global commissions new office construction at Tatu City with over 4,000 jobs in offing

CCI Global commissions new office construction at Tatu City with over 4,000 jobs in offing

CCI Global has begun the construction work of its new block on Eneo at Tatu Central, its ultra-modern contact centre…
KRA shuts down Keroche Breweries with over 400 staff affected

KRA shuts down Keroche Breweries with over 400 staff affected

Kenya’s local brewing company Keroche has been caught on the receiving end once again in a renewed tax dispute with…
Top five wealthiest people lost Ksh.40.5 trillion on Monday over inflation fears

Top five wealthiest people lost Ksh.40.5 trillion on Monday over inflation fears

The top five wealthiest men on the planet lost a whooping Ksh.40.5 trillion on Monday alone on the backdrop of…
Peter Kioko replaces Russo as National Bank managing director in interim capacity

Peter Kioko replaces Russo as National Bank managing director in interim capacity

National Bank of Kenya (NBK) Board has appointed Peter Kioko as the Managing Director in an interim capacity, effective June…
Bitcoin tumbles 9% to Ksh.2.7 million

Bitcoin tumbles 9% to Ksh.2.7 million

The price of Bitcoin tumbled 9 percent to Ksh.2.7 million (US$.24,000) last figures last seen in December 2020. Some crypto…
Major crypto lender freezes withdrawals as markets tumble

Major crypto lender freezes withdrawals as markets tumble

Major U.S. cryptocurrency lending company Celsius Network on Monday froze withdrawals because of “extreme market conditions,” in the latest sign…
U.S. inflation rises to 8.6% year on year in May

U.S. inflation rises to 8.6% year on year in May

The U.S. Labor Department on Friday reported that the consumer price index rose to 8.6% in May from the same…
Report: Over one million children acutely malnourished in Kenya

Report: Over one million children acutely malnourished in Kenya

Close to one million children aged 6-59 months are acutely malnourished according to the National Drought Management Authority (NDMA) in…
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