Business

Brace for high cost of energy on imminent dry season

Brace for high cost of energy on imminent dry season

The cost of electricity in the country is set to rise due to an imminent dry season that is expected…
Mumias Suagr investor begins work after Odinga directive

Mumias Suagr investor begins work after Odinga directive

The new Mumias Sugar investor, Sarrai Group has kicked off work in what could appear as the miller’s revival after…
NSE extends suspension from trading KQ share for further 12 months

NSE extends suspension from trading KQ share for further 12 months

The Nairobi Securities Exchange (NSE) has extended the suspension from trading of Kenya Airways (KQ) shares for an additional 12…
Blow to motorists as court declines to shoot down car comprehensive cover increase

Blow to motorists as court declines to shoot down car comprehensive cover increase

Motor vehicle owners have been dealt a major blow as underwriters move to increase premiums by more than half the…
Investor confidence up on digital sector after CBK takeover

Investor confidence up on digital sector after CBK takeover

Investors have exhumed confidence in the digital sector in Kenya following a recent move to regulate the sector. According to…
New Mumias investor ordered to operationalize miller in six months

New Mumias investor ordered to operationalize miller in six months

The once giant miller Mumias Sugar Company could become operational in six months with its new investor, Sarrai Group. While…
Kenya Railways scales down passenger train services in five areas

Kenya Railways scales down passenger train services in five areas

Kenya Railways Corporation has scaled down passenger train service in some regions in what appears to be a reduced number…
Safaricom at centre of Atwoli’s threat to reveal phone records of “Luhya traitors”

Safaricom at centre of Atwoli’s threat to reveal phone records of “Luhya traitors”

In what appears to be an escalated division in Murembe nation, the Bukhungu 2 event scheduled for December 31 has…
What you need to know about mobile lenders being regulated by CBK

What you need to know about mobile lenders being regulated by CBK

Moving forward, it will now be illegal for a mobile lender, legally identified as Digital Credit Providers (DCP) to make…
CBK commences regulation of digital lenders

CBK commences regulation of digital lenders

All digital lenders within the Kenyan market space will start being regulated effective December 23, 2021, the Central Bank of…
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