Business
Deadline to phase out of Kenya’s Sh1,000 notes arrives
October 1, 2019
Deadline to phase out of Kenya’s Sh1,000 notes arrives
When the Central Bank of Kenya and the 42 commercial banks in the country shut doors to their branches Monday,…
Little shuttle, SWVL cry foul over pressure to shut down operations in Kenya
October 1, 2019
Little shuttle, SWVL cry foul over pressure to shut down operations in Kenya
Ride-hailing tech firm, little shuttle is under immense pressure to close down its business by October 1.According to the Little…
Forever 21 to close up to 350 stores worldwide
September 30, 2019
Forever 21 to close up to 350 stores worldwide
Global fast-fashion retailer Forever 21 said it was filing for voluntary bankruptcy Sunday, the latest US brick-and-mortar chain to embark…
Kenya’s Forex Reserves dip further
September 30, 2019
Kenya’s Forex Reserves dip further
Kenya’s foreign currency reserves fell further last week past the 9 billion US dollars mark.According to latest weekly update by…
Uchumi granted 30 days to engage banks over Ksh2.8 billion debt
September 30, 2019
Uchumi granted 30 days to engage banks over Ksh2.8 billion debt
The High Court Commercial and Tax Division has granted Uchumi an additional 30 days to engage banks over the settlement…
Kenya, Cote d’Ivoire rated top on Trade20 index globally
September 30, 2019
Kenya, Cote d’Ivoire rated top on Trade20 index globally
Kenya and Cote d’Ivoire have emerged top globally on the Trade20 index having most rapidly improved their trade growth potential…
Safaricom outshines Airtel Kenya in new customer subscriptions
September 30, 2019
Safaricom outshines Airtel Kenya in new customer subscriptions
Giant telco Safaricom has re-asserted itself as the supreme operator outpacing arch rival Airtel in growing its customer base between…
Betin fires its entire workforce, shuts down operations in Kenya
September 28, 2019
Betin fires its entire workforce, shuts down operations in Kenya
Betting firm Betin has fired its entire staff over what it termed as unconducive regulations by the Kenyan government for…
Blue Economy key to Kenya’s development, says President Kenyatta
September 28, 2019
Blue Economy key to Kenya’s development, says President Kenyatta
PSCU…President Uhuru Kenyatta has said Kenya is prioritizing the implementation of sustainable blue economy programs because of the sector’s potential…
SportPesa shuts down operations in Kenya
September 28, 2019
SportPesa shuts down operations in Kenya
Sportppesa has put to a halt its operation in Kenya after long months of protracted legal battle with the government…