Business

Italy to drop gas dependence on Russia with Africa as substitute

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

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

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

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

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

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

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

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

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

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…
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