Business
Two Indomie products flagged for posing danger to human health
May 4, 2022
Two Indomie products flagged for posing danger to human health
Food Safety Authority of Egypt (FSA) ordered two products of Indomie to be recalled from the market for being unfit…
EU to halt Russian crude oil imports in fresh sanctions
May 4, 2022
EU to halt Russian crude oil imports in fresh sanctions
The European Union (EU) will phase out Russian crude oil imports over the next six months. EU President Ursula Von…
Sanlam, Allianz merge to form largest Pan-African entity in a Ksh.243.7 billion deal
May 4, 2022
Sanlam, Allianz merge to form largest Pan-African entity in a Ksh.243.7 billion deal
Sanlam Group (South African based) and Germany’s Allianz have joined forces in a Ksh.243.7 billion deal to merge their current…
KBC risks shutdown over Ksh.10 billion pension fund owed to employees
May 4, 2022
KBC risks shutdown over Ksh.10 billion pension fund owed to employees
State-owned broadcaster, Kenya Broadcasting Corporation (KBC) risks being shut down after the High Court ordered it to remit Ksh.10 billion…
Lobby group challenges govt to formulate policies to encourage rice farming
May 4, 2022
Lobby group challenges govt to formulate policies to encourage rice farming
International Rice Research Institute (IRRI) has urged the government to empower policies that will allow local rice farmers to earn…
Xiaomi smartphones on spot over Ksh.83.9 billion fake business deals
May 3, 2022
Xiaomi smartphones on spot over Ksh.83.9 billion fake business deals
India has seized Ksh.83.9 billion ($725 million) from Chinese smartphone maker Xiaomi’s local bank accounts, accusing the tech firm of…
NSSF buys extra 11 million shares from KCB Bank worth Ksh.440.5 million
May 3, 2022
NSSF buys extra 11 million shares from KCB Bank worth Ksh.440.5 million
The government-owned National Social Securities Fund (NSSF) has purchased an additional 11.7 million shares from Kenya Commercial Bank (KCB) valued…
NCBA profit up 21.4% to Ksh.3.4 billion in Q1 2022
May 2, 2022
NCBA profit up 21.4% to Ksh.3.4 billion in Q1 2022
NCBA bank’s net profit for the first three months of 2022 surged by 21.4 percent to post Ksh.3.4 billion from…
What 12% pay rise means for Kenyan employees
May 2, 2022
What 12% pay rise means for Kenyan employees
President Uhuru Kenyatta raised the minimum wage for Kenyan employees by 12 percent as he prepares to exit office in…
Heavy traffic announced on Nairobi’s major highways ahead of Kibaki’s funeral service
April 28, 2022
Heavy traffic announced on Nairobi’s major highways ahead of Kibaki’s funeral service
Motorists in Nairobi city will experience heavy traffic this Friday starting at 7 am ahead of the funeral service of…