Business
Kenya Airways Shares Suspended for Another Year as Restructuring Continues
January 2, 2024
Kenya Airways Shares Suspended for Another Year as Restructuring Continues
The Nairobi Securities Exchange (NSE) has announced that it will extend the suspension of trading of Kenya Airways Plc shares…
State Introduces New Levy on SACCOs
January 2, 2024
State Introduces New Levy on SACCOs
Saccos members will now pay a new tax on their non-withdrawable deposits, which are the share capital they cannot reduce…
Kenya’s Government Digital Payments Platform Migrated to Single Playbill
December 31, 2023
Kenya’s Government Digital Payments Platform Migrated to Single Playbill
Kenyan government digital payment channels have migrated to a single Playbill number 222222, effective December 31, 2023, in line with…
Tanzanian Billionaire Aziz Begins $1.9-billion LPG Plant Construction in Mombasa
December 31, 2023
Tanzanian Billionaire Aziz Begins $1.9-billion LPG Plant Construction in Mombasa
Taifa Gas, a Tanzanian company that supplies liquefied petroleum gas (LPG), has started building a Ksh.300-billion ($1.9 billion) plant and…
EPRA Reduces Fuel Price on Crude Oil Price Dip
December 14, 2023
EPRA Reduces Fuel Price on Crude Oil Price Dip
The Energy Petroleum and Regulatory Authority (EPRA) has announced a reduction in the prices of Super Petrol, Diesel, and Kerosene…
Innovation at Forefront; Metropol GMD Sam Shares Insights at Stima Sacco Seminar
December 14, 2023
Innovation at Forefront; Metropol GMD Sam Shares Insights at Stima Sacco Seminar
At the 3rd annual innovation seminar held by Stima Sacco at the Stratmore Business School in Nairobi, Metropol Corporation Group…
Ethiopia Likely to Default on its $1 Billion Bond
December 11, 2023
Ethiopia Likely to Default on its $1 Billion Bond
Ethiopia appeared to be on the brink of a debt default on Friday after talks with key holders of the…
Safaricom Unveils Christmas-based Product Dubbed Sambaza Furaha
December 7, 2023
Safaricom Unveils Christmas-based Product Dubbed Sambaza Furaha
Safaricom has launched its Christmas campaign, Sambaza Furaha, aimed at promoting joy and blessings, enhancing customer engagement and experience.Throughout the…
YouTube Launches Premium Service in Kenya; See Cost Per Package
December 6, 2023
YouTube Launches Premium Service in Kenya; See Cost Per Package
YouTube has expanded its subscription services to Kenya, introducing YouTube Music and YouTube Premium, marking a significant milestone in its…
Tanzania’s FDI Doubles to $1 Billion in Q3 2023
December 5, 2023
Tanzania’s FDI Doubles to $1 Billion in Q3 2023
Tanzania has witnessed a significant surge in its Foreign Direct Investments (FDI) in the third quarter of 2023, doubling the…