Business

Kenyan shilling strengthens on sluggish demand for dollars

Kenyan shilling strengthens on sluggish demand for dollars

The Kenyan shilling edged up on Thursday as demand for dollars from importers remained subdued, traders said. Commercial banks quoted…
Kenyan millers staring at Ksh90 billion debt, report shows

Kenyan millers staring at Ksh90 billion debt, report shows

By Daisy Okanga | Kenyan millers are currently staring at a debt to a tune of Ksh90 billion, according to…
Absa Bank Kenya sets up Ksh10 billion SME fund for women

Absa Bank Kenya sets up Ksh10 billion SME fund for women

Absa Bank Kenya has set aside Ksh10 billion Small and Medium Enterprise fund for women in Kenya.The fund was unveiled…
Kenya’s Real Estate: what more can be done by the Government to improve the sector?

Kenya’s Real Estate: what more can be done by the Government to improve the sector?

This is the year when confidence will gain ground for local real estate, according to a PricewaterhouseCoopers’s (PwC) report. According…
Safaricom to consider Huawei as supplier for 5G network

Safaricom to consider Huawei as supplier for 5G network

By Natasha Agunda | Telecom giant Safaricom is considering partnering with china’s Huawei as it rolls out its fifth generation…
Longhorn Publishers records 4% increase in half year pre-tax profit

Longhorn Publishers records 4% increase in half year pre-tax profit

Longhorn Publishers has announced an unaudited result for half year period ended December 31, 2019 with a recorded increase of…
Echesa freed on Ksh1 million bail

Echesa freed on Ksh1 million bail

Former Sports Cabinet Secretary Rashid Echesa alongside three others were on Monday freed on a Ksh3 million bail each after…
Kenya’s small traders now eye India, as coronavirus scare shuts them out

Kenya’s small traders now eye India, as coronavirus scare shuts them out

The multiplication of the deadly coronavirus (COVID-19) has continued to cause panic worldwide, with the World Health Organisation (WHO) saying…
Joe Irungu released on a Ksh 2M cash bail

Joe Irungu released on a Ksh 2M cash bail

Joe Irungu alias Jowie who is the prime suspect in the case of a slain businesswoman Monica Juma has been…
South Africa’s MTN flags 2019 profit jump of up to 50 p.c

South Africa’s MTN flags 2019 profit jump of up to 50 p.c

South Africa’s MTN Group expects full-year headline earnings to rise as much as 50 percent still a slowdown from the…
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