Business

CBK retains base lending rate at 9% for the 16th straight month

CBK retains base lending rate at 9% for the 16th straight month

The Central Bank of Kenya (CBK) has retained the base lending rate at nine percent for the 16th consecutive month…
Oil rallies on Mideast tensions, stocks weighed by trade remarks

Oil rallies on Mideast tensions, stocks weighed by trade remarks

Oil prices rallied Monday after Iran warned the presence of us forces in the gulf was causing instability in the…
Mombasa Port on track to handling 1.4m containers by end year

Mombasa Port on track to handling 1.4m containers by end year

The port of Mombasa is on track to achieve its target of 1.4 million containers by the end of the…
69 p.c of Kenyans are not aware of what UHC is, study shows

69 p.c of Kenyans are not aware of what UHC is, study shows

A survey sponsored by People’s Health Movement Kenya and conducted by Infotrak research and consulting has shown that 69% of…
Government to carter for the hospitalised Precious Talent pupils

Government to carter for the hospitalised Precious Talent pupils

The government spokesperson Colonel Cyrus Oguna said the government will take care of the medical bills for the 57 pupils…
Health and Blue Economy top agenda as President Kenyatta arrives for UN General Assembly

Health and Blue Economy top agenda as President Kenyatta arrives for UN General Assembly

PSCU…President Uhuru Kenyatta has arrived in New York for the 74th session of the United Nations General Assembly (UNGA 74)…
Seven pupils dead after a classroom at Precious Talent School in Nairobi collapsed

Seven pupils dead after a classroom at Precious Talent School in Nairobi collapsed

Several pupils have been confirmed dead and other injured after a classroom collapsed on them at Precious Talent School in…
Thomas Cook files for bankruptcy, puts 22,000 jobs at risk

Thomas Cook files for bankruptcy, puts 22,000 jobs at risk

BBC…Thomas Cook has collapsed after last-minute negotiations aimed at saving the 178-year-old holiday firm failed. The UK Civil Aviation Authority…
EAPC fires its managers in cost cutting restructuring plan

EAPC fires its managers in cost cutting restructuring plan

East Africa Portland Cement Company (EAPC) issued 136 supervisors and managers dismissal notices last week in a cost-cutting restructuring plan. …
KCB appoints Paul Russo to lead NBK in full capacity

KCB appoints Paul Russo to lead NBK in full capacity

Kenya Commercial Bank ()KCB has appointed Mr Paul Russo as the new Managing Director of National Bank of Kenya (NBK),…
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