Business
Naivas opens 84th branch in Kayole, Naivasha
May 20, 2022
Naivas opens 84th branch in Kayole, Naivasha
Naivas Supermarket has opened a third branch in Naivasha, bringing its total outlets in the region to three. The new…
Sri Lanka defaults on Ksh.9 billion debt, first time in history
May 19, 2022
Sri Lanka defaults on Ksh.9 billion debt, first time in history
Cash strapped Sri Lanka has defaulted on its debt for the first time in its history as the country struggles…
Sri Lanka runs out of cash to buy petrol
May 19, 2022
Sri Lanka runs out of cash to buy petrol
Sri Lanka, the worst-hit nation by the pandemic and now rising energy prices and populist tax cuts say it cannot…
Family Bank, Urithi Housing agree to settle property auctioning dispute out-of-court
May 19, 2022
Family Bank, Urithi Housing agree to settle property auctioning dispute out-of-court
Urithi Housing Cooperative Society has reached an out-of-court settlement with Family bank following a dispute based on money owned by…
May Bonds underperform as Treasury raises Ksh.31 billion against Ksh.60 billion target
May 19, 2022
May Bonds underperform as Treasury raises Ksh.31 billion against Ksh.60 billion target
The National Treasury has managed to raise a mere Ksh.31.7 billion from bonds this month against a target of Ksh.60…
Transport paralysed along Waiyaki Way over protest by matatu operators
May 19, 2022
Transport paralysed along Waiyaki Way over protest by matatu operators
Transport was paralysed along Wayiaki Way Thursday morning due to ongoing go-slow by matatu operators near Westlands Roundabout. They are…
Over 300,000 youth to benefit from software development training to curb unemployment
May 19, 2022
Over 300,000 youth to benefit from software development training to curb unemployment
Power Learn Project, a Pan African impact organization has announced its plan to train more than 300,000 young people and…
African businesses receive Ksh.11.6 billion supply chain funding from BII, Citi
May 18, 2022
African businesses receive Ksh.11.6 billion supply chain funding from BII, Citi
British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, has signed a Ksh.11.6 billion risk-sharing facility…
Investors at NSE to pay CDSC Ksh.1.8 billion as annual upkeep fee
May 18, 2022
Investors at NSE to pay CDSC Ksh.1.8 billion as annual upkeep fee
Investors at the Nairobi Securities Exchange (NSE) will pay Ksh.1,200 annually or Ksh.100 monthly for the upkeep of their trading…
UAP Old Mutual rebrands to Old Mutual
May 18, 2022
UAP Old Mutual rebrands to Old Mutual
UAP Old Mutual Group has rebranded to Old Mutual. The rebranding has already taken place in both Kenya and Rwanda…