Business

Markets plunge as Italy locks down to contain spread of COVID-19

Markets plunge as Italy locks down to contain spread of COVID-19

Financial markets around the world crashed Monday as the trading week opened with some of the heaviest falls since the…
Electronic business hit hard as coronavirus fears mount

Electronic business hit hard as coronavirus fears mount

By Daisy Okanga | The COVID-19 virus has caused a severe impact on global markets with the electronic business facing…
80 p.c of bank customers satisfied with industry’s service standards

80 p.c of bank customers satisfied with industry’s service standards

By Daisy Okanga | Most bank customers are satisfied with the quality of services being offered by the banking industry.…
Court suspends all flights from China to Kenya over Coronavirus

Court suspends all flights from China to Kenya over Coronavirus

By Daisy Okanga | A court in Nairobi has ordered an immediate suspension of all flights to Kenya from China.Justice…
KenGen records Ksh8.17 billion profit in its HY results

KenGen records Ksh8.17 billion profit in its HY results

Electricity Generating Company PLC (KenGen) has recorded a 98 percent increase in profits to Ksh8.17 billion from Ksh4.12 billion for…
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…
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