Business
USIU-Africa announces vacancy for new Vice Chancellor
November 11, 2021
USIU-Africa announces vacancy for new Vice Chancellor
United States International University-Africa (USIU-Africa) is now looking for a new Vice Chancellor to take over from interim VC Professor…
Employers to incur cost of producing clearance certificate for new hires
November 11, 2021
Employers to incur cost of producing clearance certificate for new hires
Job seekers will no longer be required to have clearance certificates when seeking employment. This is after Members of Parliament…
How higher taxes on nicotine are driving up black market demand
November 11, 2021
How higher taxes on nicotine are driving up black market demand
Excise increases by the Kenyan Revenue Authority (KRA) on nicotine alternatives to cigarettes is yet another blow to Kenya’s 2.5…
Kenya’s GDP grew by 10.1% in Q2 of 2021
November 10, 2021
Kenya’s GDP grew by 10.1% in Q2 of 2021
Kenya’s Gross Domestic Product (GDP) grew by 10.1 percent in the second quarter of 2021 compared to a contraction of…
M-Pesa revenue hits Ksh.13 trillion after App launch
November 10, 2021
M-Pesa revenue hits Ksh.13 trillion after App launch
Safaricom’s M-Pesa revenue surged 48.5 percent to record a whooping Ksh.13 trillion up from Ksh.9 trillion. The surge in revenue…
Long-distance buses trading fair prices with fully booked seats ahead of festive season
November 10, 2021
Long-distance buses trading fair prices with fully booked seats ahead of festive season
Barely a month to the festive season, long-distance buses have since reported a high number of travelers to upcountry. Buses…
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…