Business

Zuckerberg-backed firm Andela explains move to lay off 170 Kenyan developers

Zuckerberg-backed firm Andela explains move to lay off 170 Kenyan developers

Michael Zuckerberg-backed technology firm, Andela has attributed its decision to lay off of an approximated 420 junior engineers across Africa…
Bank of Japan leaves policy unchanged after FED rate cut

Bank of Japan leaves policy unchanged after FED rate cut

The Bank of Japan on Thursday warned of increasing downside risks for the global economy but held off on further…
Asian markets mixed as FED leaves traders seeking more

Asian markets mixed as FED leaves traders seeking more

Asian markets mostly rose Thursday after the Federal Reserve cut interest rates, but, investors were left unsure about its next…
Kenya Power half year net earnings to drop by 25 P.C

Kenya Power half year net earnings to drop by 25 P.C

Kenya Power and Lighting Company (KPLC) has issued a notice that its net earnings for the financial year ended June…
President Kenyatta assents to County Allocation Of Revenue Act, 2019

President Kenyatta assents to County Allocation Of Revenue Act, 2019

President Uhuru Kenyatta has signed into law two Bills among them the County Allocation of Revenue Bill, 2019. The County…
President Kenyatta calls on African Labour Organizations to champion continental integration

President Kenyatta calls on African Labour Organizations to champion continental integration

PSCU…President Uhuru Kenyatta has challenged African labour organizations to play a leading role in the ongoing efforts towards the full…
KQ introduces 30% discounted ticket prices to maximize on profit gain

KQ introduces 30% discounted ticket prices to maximize on profit gain

Kenya Airways (KQ) has introduced new services to offer its customers with discounted ticket price, a move that will likely…
Governors rubbish claims by Treasury over Ksh50 billion allocation to Counties

Governors rubbish claims by Treasury over Ksh50 billion allocation to Counties

The Council of Governors (CoG) led by Kakamega Governor Wycliffe Oparanya have rubbished reports by the acting Treasury Cabinet Secretary…
Parliament rejects request to repeal interest rate capping

Parliament rejects request to repeal interest rate capping

Kenyan parliamentary committee has rejected a request from the Finance Ministry to scrap the cap on commercial interest rates imposed…
President Kenyatta assents to Division of Revenue Bill 2019

President Kenyatta assents to Division of Revenue Bill 2019

President Uhuru Kenyatta signed into law the Division of Revenue Bill 2019 paving the way for the release of funds…
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