Business
Netflix blames COVID-19 on revenue slump
July 21, 2021
Netflix blames COVID-19 on revenue slump
Netflix has blamed COVID-19 after missing its growth forecasts in the last quarter citing post lockdown decline in interest in…
Magoha warns varsity management against arbitrary restructuring
July 21, 2021
Magoha warns varsity management against arbitrary restructuring
Education Cabinet Secretary Professor George Magoha Magoha has warned the management of public universities against arbitrary reforms without consulting relevant…
Tanzania makes U-turn on its new mobile money transaction taxes
July 19, 2021
Tanzania makes U-turn on its new mobile money transaction taxes
Tanzania is considering revising its newly mobile money transaction excise duty following widespread public outcry over the high charges. In…
Tea price cap to hold despite tea withdrawal at the auction
July 19, 2021
Tea price cap to hold despite tea withdrawal at the auction
The government will not relent in its endeavor to enforce the minimum reserve prices for tea as it moves to…
Faulu Bank sets aside Ksh.1 billion support package for SMEs
July 19, 2021
Faulu Bank sets aside Ksh.1 billion support package for SMEs
Faulu Microfinance Bank has set a side Ksh.1 billion package to support Small and Micro Enterprises in key sectors like…
Oil falls Ksh.216.37 after OPEC+ producers agree to raise output
July 19, 2021
Oil falls Ksh.216.37 after OPEC+ producers agree to raise output
Oil prices fell sharply on Monday after OPEC+ overcame internal divisions and agreed to boost output, sparking concerns about a…
13 Killed in fuel tanker explosion
July 19, 2021
13 Killed in fuel tanker explosion
At least thirteen people have been confirmed dead after a petrol tanker that was involved in accidents exploded into flames…
Kenya Power downplays auctioning of its transformers
July 16, 2021
Kenya Power downplays auctioning of its transformers
The Kenya Power and Lighting Company (KPLC) has distanced itself from the auctioning of its transformers five days after the…
IMF member countries’ kitty to get Ksh.70.3 trillion
July 16, 2021
IMF member countries’ kitty to get Ksh.70.3 trillion
The International Monetary Fund (IMF) Executive Board has agreed on a proposal for a new general Special Drawing Rights (SDR)…
Kenya Power signs Ksh.225 million digitisation deal with NYS
July 16, 2021
Kenya Power signs Ksh.225 million digitisation deal with NYS
Kenya Power Lightning and Company (KPLC) has signed a Ksh.225 million deal with the National Youth Service (NYS) to fast…