Business

Sendy among 3 Kenyan brands on top 100 global tech firms list

Sendy among 3 Kenyan brands on top 100 global tech firms list

Kenya’s logistics company Sendy has been featured on the list of top 100 global technology firms globally that have a…
Embu Coffee Farmers receive license to broker coffee in Kenya

Embu Coffee Farmers receive license to broker coffee in Kenya

Embu Coffee Farmers Marketing Agency will henceforth operate as a fully licensed Coffee broker in Kenya This is after the…
Kisumu erects cheaper exhibition Bazaars for locals ahead of Africities Summit

Kisumu erects cheaper exhibition Bazaars for locals ahead of Africities Summit

Kisumu County has organized exhibition bazaars at the refurbished Jaramogi Oginga Odinga Sports Ground that would run parallel with the…
China’s trade growth in April above expectations

China’s trade growth in April above expectations

China’s dollar-denominated exports grew 3.9 percent year-on-year in April, compared with the 14.7 percent growth reported in March, customs data…
IFC acquires 6.7% shares in Equity Group worth Ksh.13.9 billion, 2nd largest shareholder

IFC acquires 6.7% shares in Equity Group worth Ksh.13.9 billion, 2nd largest shareholder

The International Finance Corporation (IFC) has acquired a 6.7 percent stake in Equity Group to become the lender’s second-largest shareholder.…
KQ concludes 10th aviation stakeholders’ convention hosted in Nairobi

KQ concludes 10th aviation stakeholders’ convention hosted in Nairobi

The 10th Aviation Stakeholders Convention, hosted by the African Airlines Association (AFRAA) and Kenya Airways (KQ), ended May 10 in…
Equity Bank secures Ksh.19.1 billion from IFC for MSMEs financing

Equity Bank secures Ksh.19.1 billion from IFC for MSMEs financing

Equity Bank has secured a Ksh.19.1 billion (US$.165 million) funding kitty from International Finance Corporation (IFC) to support Micro, Small…
WPP Scangroup plans to write off Ksh.4.7 billion investment

WPP Scangroup plans to write off Ksh.4.7 billion investment

WPP Scangroup intends to write off up to Sh4.7 billion investments in its subsidiaries. The firm has thus transferred the…
Bitcoin falls to Ksh.3 million level, lowest since July 2021

Bitcoin falls to Ksh.3 million level, lowest since July 2021

Bitcoin slumped to Ksh.3.4 million ($30,000) for the first time since July 2021 on Tuesday as cryptocurrencies track sinking markets…
Kenya’s PMI drops below 50-point mark in April

Kenya’s PMI drops below 50-point mark in April

Kenya’s private sector activity fell in April to 49.5, hurt by rising consumer inflation and supply shortfalls for some goods.…
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