Business
Sharing Netflix account to attract fee
March 17, 2022
Sharing Netflix account to attract fee
Netflix is considering charging fee for its subscribers who share accounts with other users. The company has been facing stiff…
Govt okays duty free import on dates ahead of Ramadan
March 17, 2022
Govt okays duty free import on dates ahead of Ramadan
The government has waived all fees on the importation of dates during the month of Ramadan. The move is a…
Kakuzi receives green light to export avocados to Chinese market
March 17, 2022
Kakuzi receives green light to export avocados to Chinese market
Kakuzi has secured approval from the Kenya Plant Health Inspectorate Service (KEPHIS), to process and prepare export-grade fresh avocados for…
Government employs new measure to tame high cost of cooking gas
March 17, 2022
Government employs new measure to tame high cost of cooking gas
The government will import 30 percent of cooking gas to control the rising cost of the commodity amid an outcry…
KCB full year net profit rises to Ksh.34.2 billion
March 17, 2022
KCB full year net profit rises to Ksh.34.2 billion
The Kenya Commercial Bank (KCB) has gained 74 percent to post Ksh.34.2 billion net profit from Ksh.19.6 billion registered last…
Absa Kenya profit up 161% to Ksh.10.9 billion for full year 2021
March 16, 2022
Absa Kenya profit up 161% to Ksh.10.9 billion for full year 2021
Absa Bank Kenya’s after-tax profit surged by 161 percent to Ksh.10.9 billion in its 2021 full-year results. The strong performance…
Saudi Arabia to employ over 100,000 Kenyans in new deal with Kenya
March 15, 2022
Saudi Arabia to employ over 100,000 Kenyans in new deal with Kenya
Kenya and Saudi Arabia have signed the Memorandum of understanding (MOU) as they seek to tighten the trade balance between…
Joe Ageyo appointed Nation Media Group’s editorial head
March 15, 2022
Joe Ageyo appointed Nation Media Group’s editorial head
Joe Ageyo, a renowned journalist, has been named the editorial director of Nation Media Group’s Broadcasting division. Ageyo, who recently…
Safaricom partners with Intelsat to increase subscription coverage
March 15, 2022
Safaricom partners with Intelsat to increase subscription coverage
Safaricom has partnered with Intelsat to expand LTE coverage in the country. The multi-year pact with the international satellite service…
Toyota among businesses shut as COVID cases spike in China
March 15, 2022
Toyota among businesses shut as COVID cases spike in China
Several multinational corporations have ceased operations as China expands its COVID-19 lockdowns. Authorities placed Shenzhen’s 17.5 million residents under lockdown…