Business
All boda riders to acquire digital plates in new directive
March 18, 2022
All boda riders to acquire digital plates in new directive
Governor Ann Kananu has announced biometric plates with outstanding colour codes for all Nairobi Boda Boda riders.This directive follows a…
Kenya secures Ksh.86 billion from World Bank on conditions
March 18, 2022
Kenya secures Ksh.86 billion from World Bank on conditions
Kenya has received a new Ksh.86 billion loan from the World Bank to help the country recover from coronavirus ravages.The…
Kenya takes over major SGR functions from Chinese firm
March 18, 2022
Kenya takes over major SGR functions from Chinese firm
A China-based firm that has been running major functions of Kenya’s Standard Gauge Railway (SGR) has surrendered some of them…
DP Ruto blames govt on high cost of living
March 17, 2022
DP Ruto blames govt on high cost of living
Deputy President William Ruto said the Kenya Kwanza Alliance will get the country back on track despite the current economic…
Sharing Netflix account to attract fee
March 17, 2022
Sharing Netflix account to attract fee
Netflix is considering charging fee for its subscribers who share accounts with other users.The company has been facing stiff competition…
Govt okays duty free import on dates ahead of Ramadan
March 17, 2022
Govt okays duty free import on dates ahead of Ramadan
The government has waived all fees on the importation of dates during the month of Ramadan.The move is a gesture…
Kakuzi receives green light to export avocados to Chinese market
March 17, 2022
Kakuzi receives green light to export avocados to Chinese market
Kakuzi has secured approval from the Kenya Plant Health Inspectorate Service (KEPHIS), to process and prepare export-grade fresh avocados for…
Government employs new measure to tame high cost of cooking gas
March 17, 2022
Government employs new measure to tame high cost of cooking gas
The government will import 30 percent of cooking gas to control the rising cost of the commodity amid an outcry…
KCB full year net profit rises to Ksh.34.2 billion
March 17, 2022
KCB full year net profit rises to Ksh.34.2 billion
The Kenya Commercial Bank (KCB) has gained 74 percent to post Ksh.34.2 billion net profit from Ksh.19.6 billion registered last…
Absa Kenya profit up 161% to Ksh.10.9 billion for full year 2021
March 16, 2022
Absa Kenya profit up 161% to Ksh.10.9 billion for full year 2021
Absa Bank Kenya’s after-tax profit surged by 161 percent to Ksh.10.9 billion in its 2021 full-year results.The strong performance is…