Business
Tullow Oil Kenya staring at a further Ksh.30 billion loss over license delay
April 6, 2022
Tullow Oil Kenya staring at a further Ksh.30 billion loss over license delay
The value of Tullow Oil’s Kenya assets could plummet by close to Ksh.30 billion if the Government fails to grant…
World Bank cuts East Asia’s 2022 GDP growth forecast to 5% on Ukraine crisis
April 5, 2022
World Bank cuts East Asia’s 2022 GDP growth forecast to 5% on Ukraine crisis
The World Bank cut its growth forecast for East Asia and the Pacific for 2022 to reflect the economic impact…
PKF urges govt to create consistent tax policy ahead of budget reading
April 5, 2022
PKF urges govt to create consistent tax policy ahead of budget reading
PKF has called upon the government to create a consistent tax policy that is suitable for all sectors ahead of…
Stanbic secures Ksh.1 billion loan for SME financing targeting women
April 5, 2022
Stanbic secures Ksh.1 billion loan for SME financing targeting women
Stanbic Bank Kenya has secured a Ksh.1 billion loan from the African Guarantee Fund to finance Small & Medium-sized Enterprises…
Kakuzi launches online platform to train avocado farmers
April 5, 2022
Kakuzi launches online platform to train avocado farmers
Kakuzi PLC will train small-scale avocado farmers through an e-learning agricultural extension program branded Kakuzi Avocademy that will assist them…
Jumia inks deal with UPS to expand logistics services across Africa
April 5, 2022
Jumia inks deal with UPS to expand logistics services across Africa
Jumia and UPS a Global logistics and package delivery company announced a partnership giving UPS access to Jumia’s last-mile logistics…
Jubilee Insurance acquires ex-Coca-Cola office at Ksh.1.1 billion
April 5, 2022
Jubilee Insurance acquires ex-Coca-Cola office at Ksh.1.1 billion
Jubilee Holdings Limited has paid Ksh.1.1 billion for Coca-Cola East Africa’s former offices in Nairobi’s Upper Hill, with the insurance…
Safaricom includes Airtel, Telkom on its Lipa Na M-Pesa service
April 5, 2022
Safaricom includes Airtel, Telkom on its Lipa Na M-Pesa service
Safaricom is continuing to grow its customer base after it announced to include rival networks, Airtel, and Telkom in its…
Uhuru unlocks Ksh.34 billion to oil marketers to release fuel
April 5, 2022
Uhuru unlocks Ksh.34 billion to oil marketers to release fuel
President Uhuru Kenyatta signed key Parliamentary Bills into law Monday, April 4 to deal with the financing crisis that has…
Elon Musk buys 9.2% stake in Twitter worth over Ksh.345 billion, to become largest shareholder
April 5, 2022
Elon Musk buys 9.2% stake in Twitter worth over Ksh.345 billion, to become largest shareholder
Tesla boss Elon Musk on Monday disclosed a 9.2-percent stake in Twitter, worth nearly Ksh.345.9 billion (US$.3 billion), making him…