Business

KCB Group welcomes decision by MPs to lift the cap on interest rates

KCB Group welcomes decision by MPs to lift the cap on interest rates

KCB Group has welcomed the decision by the National Assembly to lift the cap on interest rates.The lender’s Chief Executive…
Why Kenya Airways was forced to turn back to Johannesburg while midair

Why Kenya Airways was forced to turn back to Johannesburg while midair

A Kenya Airways plane from Johannesburg bound for Nairobi was forced to return to Johannesburg over what was alleged to…
Ethiopia to substitute cheaper S.Sudan oil with Middle East’s

Ethiopia to substitute cheaper S.Sudan oil with Middle East’s

Ethiopia has resorted to start shipping cheaper oil from South Sudan to substitute the expensive one from the Middle East.According…
Samsung to shut down US CPU research division

Samsung to shut down US CPU research division

Samsung electronics co ltd said on Tuesday it will shut down a CPU research division at one of its US…
Government suspends 7 peanut butter brands over high aflatoxin levels

Government suspends 7 peanut butter brands over high aflatoxin levels

The Kenya Bureau of Standards (KEBS) has suspended seven peanut butter brands after they were found to contain excess levels…
Safaricom is mulling lowering rates on its mobile lending platforms

Safaricom is mulling lowering rates on its mobile lending platforms

Safaricom is considering lowering the customer charges on its M-Pesa, M-Shwari and Fuliza amid pressure from the government to curb…
IRA: The number of insurance agents down 8%

IRA: The number of insurance agents down 8%

Insurance agents in Kenya are crying foul over unfair treatment by insurance companies whom they accuse of engaging in improper…
Kenya’s population grew to 47.9 million, women outnumbered men by 500k

Kenya’s population grew to 47.9 million, women outnumbered men by 500k

The 2019 population and Census results are out and the Kenyan population has grown to 47.6 million with women marginally…
Africa’s MTN cancels $300 million stake sale in Mascom wireless Botswana

Africa’s MTN cancels $300 million stake sale in Mascom wireless Botswana

South African telecom MTN group ltd has ditched a plan to sell its 53% stake in Mascom wireless Botswana, which…
Zimbabwe government workers to stage pay protest as economy plummet

Zimbabwe government workers to stage pay protest as economy plummet

Zimbabwe’s economy has been noted to plunge this year with its citizens facing unprecedented hardship even as government workers plan…
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