Business
Over 100 jobs set for opening with Hilton’s new hotel in Nairobi
May 17, 2022
Over 100 jobs set for opening with Hilton’s new hotel in Nairobi
Hilton Hotel has announced its plan to open a new hotel in Nairobi, hardly a month after it announced that…
Kenya loses over Ksh.85 billion to illicit brew annually, to worsen with proposed taxes
May 17, 2022
Kenya loses over Ksh.85 billion to illicit brew annually, to worsen with proposed taxes
Kenyan government losses more than Ksh.85 billion every year, thanks to illicit brew that has stormed the market due to…
Twiga Food invests Ksh.1.16 billion in informal retail ventures
May 17, 2022
Twiga Food invests Ksh.1.16 billion in informal retail ventures
Twiga Foods have launched a Ksh.1.16 billion investment plan dubbed ‘Twiga Fresh’ to help supply informal retailers and urban consumers…
High Court bars Milestone Games Limited from using “Sportpesa” trademark
May 17, 2022
High Court bars Milestone Games Limited from using “Sportpesa” trademark
The High Court has issued temporary orders barring Milestone Games Limited from using the “Sportpesa” trademark pending the hearing and…
KRA revenue collection hit Ksh.1.45 trillion in 10 months to April
May 17, 2022
KRA revenue collection hit Ksh.1.45 trillion in 10 months to April
Kenya Revenue Authority (KRA) collected Ksh.1.45 trillion in ten months to April 2022 from Ksh.1.1 trillion in April 2021. This…
Kenyans borrow Ksh.6 billion monthly from Co-op bank e-wallet
May 16, 2022
Kenyans borrow Ksh.6 billion monthly from Co-op bank e-wallet
Kenyans borrow Ksh.6 billion every month from the Co-operative bank mobile money platform, translating to Ksh.200 million daily on average.…
Bitcoin has no future as payment network, says FTX owner Bankman
May 16, 2022
Bitcoin has no future as payment network, says FTX owner Bankman
Cryptocurrency exchange FTX’s founder has said that bitcoin has no future as a payments network and criticized the digital currency…
Kenya looks outside EAC for maize import as flour price hits Ksh.149 per 2kg
May 16, 2022
Kenya looks outside EAC for maize import as flour price hits Ksh.149 per 2kg
The Kenyan government now says it will import maize in bulk to cushion Kenyans from the rising price of maize…
Elon Musk puts Ksh.5 trillion Twitter purchase deal on hold over fake accounts
May 16, 2022
Elon Musk puts Ksh.5 trillion Twitter purchase deal on hold over fake accounts
Elon Musk’s Ksh.5 trillion Twitter purchase deal has been put on hold over existing fake accounts as the trillionaire waits…
KRA denies increase of taxes on cooking gas
May 13, 2022
KRA denies increase of taxes on cooking gas
Kenya Revenue Authority (KRA) on Friday denied an increase in taxes on Liquid Petroleum Gas (LPG). Some media houses had…