Business
Kenya Shilling now 0.3 units shy to hit 116 level against US Dollar
April 25, 2022
Kenya Shilling now 0.3 units shy to hit 116 level against US Dollar
The shilling is speculated to weaken to its lowest even further because Indonesia is imposing a ban on palm oil…
Stocks, euro and oil stocks all tumble in Monday trading
April 25, 2022
Stocks, euro and oil stocks all tumble in Monday trading
Global stocks tumbled Monday after last week’s ugly close in the U.S. when the New York-based Dow Jones industrial average…
Cooking oil prices to rise further on banned commodity export by Indonesia
April 25, 2022
Cooking oil prices to rise further on banned commodity export by Indonesia
Indonesia, the world’s top palm oil producer announced plans to ban exports of the most widely used cooking oil and…
Kenya Power receives Ksh.6 billion to power 2.4 million homes
April 25, 2022
Kenya Power receives Ksh.6 billion to power 2.4 million homes
The government has increased its allocation for subsidized home connections to the national grid by Ksh.1.48 billion for the fiscal…
Central Banks hike interest rates on increased inflation as Russia intensifies offense against Ukraine
April 25, 2022
Central Banks hike interest rates on increased inflation as Russia intensifies offense against Ukraine
Central banks around the world have largely begun raising interest rates in response to inflation to increase the cost of…
KCAA appoints interim Director General, Nicholas Bodo
April 25, 2022
KCAA appoints interim Director General, Nicholas Bodo
The Kenya Civil Aviation Authority (KCAA) has appointed Nicholas Bodo as the Director-General in an interim capacity Nicholas Bodo is…
Mortein pushes for innovation to accelerate fight to end malaria
April 25, 2022
Mortein pushes for innovation to accelerate fight to end malaria
Use of innovative mobile technologies to track outbreaks of malaria, movement of people and mosquito patterns coupled with strategic partnerships…
Sanlam overtakes GenAfrica as largest pension fund manager in Kenya
April 25, 2022
Sanlam overtakes GenAfrica as largest pension fund manager in Kenya
Sanlam is currently the biggest pension fund manager after taking over Ksh.46 billion National Social Security Fund (NSSF) portfolio from…
UN appoints Sanda Ojiambo its Assistant Secretary General, Global Compact
April 22, 2022
UN appoints Sanda Ojiambo its Assistant Secretary General, Global Compact
Kenyan-born Sanda Ojiambo has been appointed as Assistant Secretary-General of the United Nations Global Compact. The United Nations Secretary-General António…
Ecobank bank allocates Ksh.1 billion for Mt. Kenya farmers
April 22, 2022
Ecobank bank allocates Ksh.1 billion for Mt. Kenya farmers
Farmers from Nyeri and other Mt Kenya regions will benefit from Ksh.1 billion in credit from Ecobank. This follows a…