Business
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…
CBK approves CBA, NIC merger effective October 1
September 27, 2019
CBK approves CBA, NIC merger effective October 1
The Central Bank of Kenya (CBK) has approved the merger of Commercial Bank of Africa (CBA) and NIC Group PLC…
Kenya re-admitted to the World Rally Championship, welcomed by president Kenyatta
September 27, 2019
Kenya re-admitted to the World Rally Championship, welcomed by president Kenyatta
President Uhuru Kenyatta welcomed International Automobile Federation (FIA) decision to reinstate the Kenya Safari Rally into World Race Championship. This…
CMA warns investors against ‘forex trader’ Interweb Global Fortune
September 27, 2019
CMA warns investors against ‘forex trader’ Interweb Global Fortune
The Capital Markets Authority (CMA) has warned the public against dealing in the InterWeb Global Fortune Limited following the discovery…
New austerity measures as Treasury hits hard on government expenditure
September 27, 2019
New austerity measures as Treasury hits hard on government expenditure
National Treasury has frozen bench-marking trips by ministries and their respective State departments in fresh austerity measures aimed at cutting…
Sanlam Kenya embarks on early retirement program to cut staff costs
September 26, 2019
Sanlam Kenya embarks on early retirement program to cut staff costs
Sanlam Kenya has joined the growing list of companies in Kenya that are cutting back their payrolls in order to…
Kenyan tea faces new hurdle over sanctions on Iran
September 26, 2019
Kenyan tea faces new hurdle over sanctions on Iran
Kenya’s tea industries where players in Kenya’s top export earner are predicting tougher times ahead for the industry. The East…
Asian stock markets react.
September 25, 2019
Asian stock markets react.
Tokyo stocks closed lower on Wednesday on risk-off sentiment after the launch of a formal impeachment inquiry against President Donald…
European stock markets fall amidst impeachment proceedings against President Trump
September 25, 2019
European stock markets fall amidst impeachment proceedings against President Trump
Europe’s stock markets slid at the start of trading on Wednesday following falls in Asia, as US Democrats launched formal…
CS Keter says KPLC profit warning is in the interest of shareholders
September 25, 2019
CS Keter says KPLC profit warning is in the interest of shareholders
There is no cause for alarm over the recent profit warning issued by Kenya Power and Lighting Company for the…