Business

Average wages rose in 19 countries despite coronavirus bite

Average wages rose in 19 countries despite coronavirus bite

While the coronavirus pandemic has been characterized by global economic contraction, reduced labor hours, pay cuts, and unemployment – the…
Clinical officers call off their 70-day strike after court order

Clinical officers call off their 70-day strike after court order

Kenya Union of Clinical officers (KUCO) has suspended its 70-day strike due to a court order that was issued on…
Report: Debt levels in emerging, developing economies rose to 8.7% in 2020

Report: Debt levels in emerging, developing economies rose to 8.7% in 2020

Debt in Emerging Markets and Developing Economies (EMDE) debt rose by 8.7 percentage points in 2020, according to the International…
Kenya to open 82.6% of trade value to U.K over 25 years

Kenya to open 82.6% of trade value to U.K over 25 years

The Kenyan government is defending the proposed economic partnership agreement between Kenya and the United Kingdom where it is expected…
A parliamentary caucus now calls for radical budget reforms

A parliamentary caucus now calls for radical budget reforms

A parliamentary caucus has proposed a raft of radical reforms to inject realism and fiscal discipline in the budgeting process…
Taxi hailing app drivers reject imposition of digital tax

Taxi hailing app drivers reject imposition of digital tax

By Vincent Odhiambo | Drivers and owners of vehicles used by digital taxi-hailing app companies have opposed the imposition of…
Kenya Airways resumes direct weekly cargo flights to New Delhi

Kenya Airways resumes direct weekly cargo flights to New Delhi

The national carrier Kenya Airways (KQ)’ freight division cargo has announced the resumption of its cargo services to New Delhi.…
Remittance inflows slipped by 7.07% in January

Remittance inflows slipped by 7.07% in January

Remittance inflows in January dropped by 7.07 percent from what the country received in December, according to new data from…
Treasury gets Ksh. 5bn cash transfer from CBK over cash crunch

Treasury gets Ksh. 5bn cash transfer from CBK over cash crunch

In what is a pointer to the dire straits in which the National Treasury is in, the board of the…
WPP scangroup shares drop after suspending two top executives

WPP scangroup shares drop after suspending two top executives

WPP Scangroup shares faced a nosedive on Friday after the company suspended its Chief Executive Bharat Thakrar and head of…
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