Business

Kenyan borrows Ksh.2 billion to finance Eastern bypass upgrade

Kenyan borrows Ksh.2 billion to finance Eastern bypass upgrade

Kenya has borrowed Ksh.2 billion to construct the Nairobi Eastern Bypass dual carriage.The road stretches from Mombasa Road to Thika…
Russia roots for cryptocurrencies as means of payment

Russia roots for cryptocurrencies as means of payment

Russian President Vladimir Putin said that cryptocurrencies were too unstable to be used to settle oil contracts but that they…
Analysis on China’s foreign trade growth, electricity pricing reforms

Analysis on China’s foreign trade growth, electricity pricing reforms

Newly released official data indicates that China’s total imports and exports expanded nearly 23 percent year on year in the…
Energy crisis poses threat on global economic recovery

Energy crisis poses threat on global economic recovery

A global energy crunch is expected to boost oil demand by half a million barrels per day (bpd) and could…
Price of Petrol goes down by 3.7% to retail at Ksh.129.72

Price of Petrol goes down by 3.7% to retail at Ksh.129.72

Petrol and diesel prices have gone down by 3.7 percent to retail at Ksh.129.72 and Ksh.110.6 per litre in latest…
M-Pesa poses as biggest fintech in Africa

M-Pesa poses as biggest fintech in Africa

M-Pesa has achieved 50 million monthly active users, positioning itself as Africa’s largest fintech.The mobile money service provider was launched…
Why Miraa farmers are worried about ICJ ruling in favour of Somalia

Why Miraa farmers are worried about ICJ ruling in favour of Somalia

Miraa farmers are a worried lot following a ruling by the International Court of Justice (ICJ) in favour of Somalia…
Safaricom, NHIF launch M-PESA mini App

Safaricom, NHIF launch M-PESA mini App

Safaricom and the National Hospital Insurance Fund (NHIF) have launched the NHIF mini-app within the M-PESA Super App. The NHIF…
MPs endorse bill to control rent increase

MPs endorse bill to control rent increase

The government’s push to cap rent increases on commercial and residential premises has received backing from a parliamentary committee in…
National Treasury to lose Ksh.39 billion in proposed fuel tax cuts

National Treasury to lose Ksh.39 billion in proposed fuel tax cuts

Proposed fuel tax cuts by Members of Parliament mean that the National Treasury would lose in excess of Ksh.39.3 billion…
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