Business
Government suspends license of eagle crown coffee limited
April 9, 2021
Government suspends license of eagle crown coffee limited
The government has suspended the license of Eagle Crown Coffee limited for delaying payments from auction. Agriculture and Food Authority…
Kenya plans to borrow an extra Ksh.792 billion through Eurobonds
April 9, 2021
Kenya plans to borrow an extra Ksh.792 billion through Eurobonds
As public concern mounts over Kenya’s rising level of public debt, it is emerging that Kenya is in the race…
Kenya to receive Ksh.4.6 billion from World Bank to fight locusts
April 8, 2021
Kenya to receive Ksh.4.6 billion from World Bank to fight locusts
The World Bank’s International Development Association (IDA) has pledged Ksh.4.6 billion to support Kenya in the fight against locust invasion.…
Kenya shilling holds steady against U.S dollar
April 8, 2021
Kenya shilling holds steady against U.S dollar
The Kenyan Shilling has strengthened further against the U.S Dollar buoyed by improved forex reserves. The shilling anchorage can be…
Kenya in race to take over Ksh.750 billion in Eurobonds
April 8, 2021
Kenya in race to take over Ksh.750 billion in Eurobonds
Kenya is in a race to take up nearly Ksh.792.33 billion in Eurobonds over the next 18 months. According to…
Kenya, U.K. to form joint committee to address recent travel restrictions
April 7, 2021
Kenya, U.K. to form joint committee to address recent travel restrictions
Kenya and the United Kingdom have agreed to set up a Joint Emergency Committee to address the recent reciprocal travel…
COVID-19 Third Wave beats down business growth to 9-month low
April 7, 2021
COVID-19 Third Wave beats down business growth to 9-month low
The pace of growth in business activity in Kenya during the month of March dropped to its lowest in nine…
Extension of suspension from trading KQ shares to stay for further 9 months
April 7, 2021
Extension of suspension from trading KQ shares to stay for further 9 months
The Nairobi Securities Exchange (NSE) has extended the suspension from trading the Kenya Airways (KQ) shares for a further nine…
Number of Kenyans who travelled to U.S to visit relatives dropped by 89% in 2020
April 6, 2021
Number of Kenyans who travelled to U.S to visit relatives dropped by 89% in 2020
The number of Kenyans who travelled to the United States of America (U.S.A) to visit their relatives dropped by 89…
LG to wind up smartphone business, completely withdraw from market
April 6, 2021
LG to wind up smartphone business, completely withdraw from market
LG Electronics, South Korea’s second-largest appliance firm after Samsung, is closing down its loss-making mobile phone business, after failing to…