Business

Myspace Property served with insolvency petition over Ksh.110.7 million debt

Myspace Property served with insolvency petition over Ksh.110.7 million debt

Myspace Properties has been served with an insolvency petition by Teams Construction, citing a debt of Ksh.110.7 million. The amount…
Nursery teachers set to receive pay rise

Nursery teachers set to receive pay rise

All 42,700 nursery school teachers will receive their pay rise, the Senate Committee on Education said in its report. County…
Government releases more food in drought-hit regions

Government releases more food in drought-hit regions

The government is currently scaling up food distribution to 23 counties affected by famine. This as government spokesperson Cyrus Oguna…
Greenland Fedha rates slash sees increased credit uptake to Ksh.2.7 billion

Greenland Fedha rates slash sees increased credit uptake to Ksh.2.7 billion

Greenland Fedha  Limited, a Kenya Tea Development Authority (KTDA) subsidiary, reduced farmers’ loans lending rate from 21 percent to 8…
Abolish trade border policies for regional growth, stakeholders urge EAC

Abolish trade border policies for regional growth, stakeholders urge EAC

The East African Business Council (EABC) chairman   Nicholas Nesbit,  has urged East African Community (EAC) states to abolish trade border…
Court stops KPA’s eviction order from Lamu ports

Court stops KPA’s eviction order from Lamu ports

The Kenya Ports Authority (KPA) has been spared from the restriction order to access the Lamu Port-South Sudan-Ethiopia Transport (LAPSSET).…
Kenya power taps electric vehicles to grow revenue bracket

Kenya power taps electric vehicles to grow revenue bracket

After years of making losses, Kenya’s power distributor, Kenya Power, is now eyeing electric vehicle market in a bid to…
Tullow’s Ksh.29.1 billion assets under threat over Kenya’s stand

Tullow’s Ksh.29.1 billion assets under threat over Kenya’s stand

Tullow Oil says it could book a damage charge of Ksh.29.1 billion on its Kenya assets if indecisions over oil…
Airtel Kenya pays CK Ksh.3.4 billion for a 10-year spectrum licence

Airtel Kenya pays CK Ksh.3.4 billion for a 10-year spectrum licence

Airtel Kenya entered a pact with the Communications Authority of Kenya (CA) on Monday in respect of its operating and…
Kenya launches first electric passenger bus

Kenya launches first electric passenger bus

BasiGo has launched the first electric passenger bus in Kenya that is set to improve the transport sector in the…
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