Business
Faulu Microfinance Bank records 31% growth in bancassurance to Ksh.327 million
November 10, 2021
Faulu Microfinance Bank records 31% growth in bancassurance to Ksh.327 million
Faulu Microfinance Bank has seen significant growth in its bancassurance business following the successful automation of its insurance sales last…
Safaricom half year profit up 12% to 37 billion
November 10, 2021
Safaricom half year profit up 12% to 37 billion
Safaricom posted a Ksh.37 billion net profit for the year ended September 30, 2021, representing a 12 percent growth from…
Kenya’s fuel import pricing up five folds
November 10, 2021
Kenya’s fuel import pricing up five folds
The cost of importing oil into Kenya has grown by nearly five-fold in 19 short months putting oil-dependent markets such…
Russia fines Google, Telegram for content violation
November 9, 2021
Russia fines Google, Telegram for content violation
Russia ordered Google’s Alphabet Inc. to pay a 2 million ruble (Ksh.3.1 million) fine on Monday, on top of 32…
KEPSA, Absa partner to empower a million youth with digital skills
November 9, 2021
KEPSA, Absa partner to empower a million youth with digital skills
The Kenya Private Sector Alliance (KEPSA) has partnered with Absa Bank Kenya to empower one million young Kenyans with digital…
Nzoia Sugar company receives Ksh.500 million boost from govt
November 9, 2021
Nzoia Sugar company receives Ksh.500 million boost from govt
Farmers from Nzoia Sugar company could be looking at a better future after the Ministry of Agriculture came to their…
Global Wealth Has Grown, But at the Expense of Future Prosperity: World Bank
November 9, 2021
Global Wealth Has Grown, But at the Expense of Future Prosperity: World Bank
A report by World bank has said that global wealth has grown overall, but at the expense of future prosperity…
MTN Uganda to market its IPO to Kenyan Investors
November 9, 2021
MTN Uganda to market its IPO to Kenyan Investors
The Capital Markets Authority (CMA) has provided its ‘no objection’ for The MTN Uganda Initial Public Offering (IPO) to be…
Conflict in Ethiopia forces Safaricom to flee staff
November 9, 2021
Conflict in Ethiopia forces Safaricom to flee staff
Months after Safaricom won the bid to start operating in Ethiopia, a conflict between Tigrayan rebels and Prime Minister Abiy…
US-based Meta company to sue Facebook over copyright claims
November 8, 2021
US-based Meta company to sue Facebook over copyright claims
US-based tech company META has alleged that Facebook stole its name and livelihood after the social media giant company announced…