Business

ABSA Bank posts 23.7% profit growth

ABSA Bank posts 23.7% profit growth

ABSA Bank Kenya has recorded a 23.7 percent growth in profits before tax for the period ended March 2021 to…
Microsoft retiring its iconic web browser of 25 years

Microsoft retiring its iconic web browser of 25 years

Microsoft will retire its Internet Explorer in the next one year, after more than 25 years. On Wednesday, Microsoft announced…
1 billion people lost jobs because of COVID-19

1 billion people lost jobs because of COVID-19

One in two people have lower earnings due to the pandemic and people in lower-income countries were affected the most. …
Kenya Power to lay off staff in new business review

Kenya Power to lay off staff in new business review

Kenya Power and Lighting Company (KPLC) plans to lay off an unspecified number of employees from its 10,481 workforce. The…
KRA destroys Ksh.1 billion worth of Contraband Goods

KRA destroys Ksh.1 billion worth of Contraband Goods

The Kenya Revenue Authority (KRA) has destroyed goods worth Ksh.1 billion in its strongest move yet in the campaign against…
Safaricom, Huawei unveil ‘Scan & Order’ digitisation solution for restaurants

Safaricom, Huawei unveil ‘Scan & Order’ digitisation solution for restaurants

Safaricom and Huawei have announced the trial of an innovative new solution for restaurants dubbed ‘Scan & Order’. The solution…
748 Air launches direct flights to Kisumu from JKIA

748 Air launches direct flights to Kisumu from JKIA

Aviation Company 748 Air Services has launched direct flights to Kisumu in a move expected to step up on the…
President Kenyatta commissions Lamu Port

President Kenyatta commissions Lamu Port

President Uhuru Kenyatta has commissioned the first three berths of the new Lamu Port. The newly built Port of Lamu…
Uhuru woos American SMEs

Uhuru woos American SMEs

President Uhuru Kenyatta is now charming American Small and Medium Enterprises (SMEs) to invest in Kenya to help unlock the…
How government’s laxity is killing Kenya’s sugar subsector

How government’s laxity is killing Kenya’s sugar subsector

Sugar industry stakeholders are decrying government laxity in cracking down on illegal sugar importation in the country. According to the…
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