Business
Italy to drop gas dependence on Russia with Africa as substitute
April 21, 2022
Italy to drop gas dependence on Russia with Africa as substitute
Italian ministers are in central Africa in an urgent quest for new energy deals as Italy scrambles to break away…
Nation Media declares Ksh.1.5 per share after posting Ksh.584.7 million net profit
April 20, 2022
Nation Media declares Ksh.1.5 per share after posting Ksh.584.7 million net profit
Nation Media Group (NMG) has declared a dividend payout of Ksh.1.5 per share to shareholders after it posted a Ksh.584.7…
Netflix subscription drops by 200,000 in Q1 over service charge
April 20, 2022
Netflix subscription drops by 200,000 in Q1 over service charge
Netflix is experiencing the toughest time in more than a decade, as subscribers opt for cheaper services in the streaming…
Port of Mombasa records high transshipment traffic over delays in Tanzania
April 20, 2022
Port of Mombasa records high transshipment traffic over delays in Tanzania
East Africa’s largest and Kenya’s Port of Mombasa is experiencing substantive transshipment business as more ships evade berthing delays and…
Uber suspends operations in Tanzania indefinitely over price regulations
April 20, 2022
Uber suspends operations in Tanzania indefinitely over price regulations
Ride-hailing company Uber has suspended its operations in Tanzania indefinitely following the imposition of a “fare guide” imposed by the…
Police officers to get new cars on hire in Ksh.10 billion deal
April 20, 2022
Police officers to get new cars on hire in Ksh.10 billion deal
The Kenyan government will spend Ksh.10 billion to hire cars for police officers, according to the National Treasury books. Leasing…
Google announces 100 job vacancies for Kenyans; how to apply
April 19, 2022
Google announces 100 job vacancies for Kenyans; how to apply
Google, an American-based company has set up an office in Nairobi and is looking to fill 100 new vacancies. The…
NYS scandal suspect Lilian Omollo cleared to run on Jubilee ticket as Meru Senator
April 19, 2022
NYS scandal suspect Lilian Omollo cleared to run on Jubilee ticket as Meru Senator
Lillian Omollo has been cleared by the Jubilee Party to vie as Meru Senator in the August 9, 2022, general…
Prison worker’s bank account frozen over unaccounted Ksh.257 million
April 19, 2022
Prison worker’s bank account frozen over unaccounted Ksh.257 million
The Ethics and Anti-Corruption Commission (EACC) froze bank account of a prison headquarters worker with Ksh.257 million. The man, identified…
Oil price up 1.3% to over Ksh.13,000 a barrel amid Libya outages
April 19, 2022
Oil price up 1.3% to over Ksh.13,000 a barrel amid Libya outages
Oil prices rose on Monday as reports of outages in Libya intensified concerns about oversupply risks. The West Texas Intermediate…