Business

AAR net profit down 55 % as total income grows 14%

AAR net profit down 55 % as total income grows 14%

Medical underwriter, AAR Insurance has posted a 58.1 percent dip in its pre-tax profit for the year ended December 2020.…
Nairobi business ventures to acquiring stakes, assets in local firms

Nairobi business ventures to acquiring stakes, assets in local firms

The listed trading firm, Nairobi Business Ventures has announced that it is in the process of acquiring shareholding and assets…
Narok County loses Ksh.2.25 billion in revenue due to lockdown

Narok County loses Ksh.2.25 billion in revenue due to lockdown

Narok County government lost Ksh.2.25 billion in revenue at the Maasai Mara game reserve when the country was closed to…
Kenyan shilling strengthens further against U.S dollar

Kenyan shilling strengthens further against U.S dollar

The Kenyan Shilling has strengthened further against the U.S Dollar amid subdued demand for the dollar. Inflation rate Year-on-year inflation…
2021 global trade recovery rests on vaccines; says WTO

2021 global trade recovery rests on vaccines; says WTO

By CGTN | Global trade is set to grow by eight percent in 2021, the World Trade Organization (WTO) said…
Government shuts down 12 petrol stations over non-compliance

Government shuts down 12 petrol stations over non-compliance

The government through Energy and Petroleum Regulatory Authority (EPRA) has shut down 12 fuel stations in the country over what…
Expect fuel prices to go high this month, says CS Munyes

Expect fuel prices to go high this month, says CS Munyes

The Energy and Petroleum Regulatory Authority (EPRA) was hard-pressed to explain why Kenya’s fuel prices are higher compared to her…
South Africa bans sale of alcohol over Easter period

South Africa bans sale of alcohol over Easter period

South Africa has tightened measures to curb the spread of COVID-19 as part of its level one lockdown restrictions. Addressing…
Kenya exports about Ksh.2.74 billion worth of goods to South Korea

Kenya exports about Ksh.2.74 billion worth of goods to South Korea

The Fresh Produce Consortium is proposing linking of exporters to markets in a bid to balance the trade deficit between…
Madagascar to receive Ksh.34.2 billion credit facility from IMF

Madagascar to receive Ksh.34.2 billion credit facility from IMF

By CGTN | The International Monetary Fund’s (IMF) executive board has approved a Ksh.34.2 billion ($312.4 million) extended credit facility…
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