Business

World’s Top 6 Performing Economies To Come From Sub-Saharan Africa

World’s Top 6 Performing Economies To Come From Sub-Saharan Africa

Despite facing economic challenges this year, Africa is showing signs of hope, with some of its economies demonstrating promising growth.…
Family Bank Extends Ksh.1.9 Billion Rights Issue For a Month

Family Bank Extends Ksh.1.9 Billion Rights Issue For a Month

Family Bank has extended its Ksh 1.9 billion Rights Issue until January 31, 2024, to give investors more time and…
Govt To Tax Club Bouncers, Private Security Firms

Govt To Tax Club Bouncers, Private Security Firms

The Private Security Regulatory Authority (PSRA) has initiated a comprehensive campaign aimed at ensuring compliance with taxation regulations for club…
CAK Approves Acquisition of Kenya Bottling Company by Crown Beverages

CAK Approves Acquisition of Kenya Bottling Company by Crown Beverages

The Competition Authority of Kenya (CAK) has unconditionally approved the purchase of all issued shares of Kenya Bottling Company Limited…
Bitcoin Regains Confidence at $47,000 on Speculative ETF Approval

Bitcoin Regains Confidence at $47,000 on Speculative ETF Approval

For the first time since April 2022, Bitcoin has surpassed the $47,000 mark. This surge comes as U.S. regulators appear…
Ruto Rescinds Appointment of Uhuru’s Board Members at Kenya Railways

Ruto Rescinds Appointment of Uhuru’s Board Members at Kenya Railways

President William Ruto has rescinded the appointments of four board members of the Kenya Railways Corporation. According to a special…
What It Means After Kenya Failed to Honour Promised $300 Million Buyback

What It Means After Kenya Failed to Honour Promised $300 Million Buyback

The risk associated with Kenya’s first Eurobond, which is due later this year, has increased due to the country’s inability…
Oil Prices Dip as Saudi Arabia Slashes Selling Price

Oil Prices Dip as Saudi Arabia Slashes Selling Price

Oil prices were on a downward trend Monday morning following Saudi Arabia’s decision to reduce the prices it charges its…
Kenyan Shilling Declines by 0.6% in the Year’s Initial Week

Kenyan Shilling Declines by 0.6% in the Year’s Initial Week

During the first week of the year, the Kenyan Shilling saw a 0.6% fall in value against the US Dollar,…
Twiga Foods Founder Peter Njonjo Exits Board After Quiting as CEO

Twiga Foods Founder Peter Njonjo Exits Board After Quiting as CEO

Peter Njonjo, the founder and former CEO of Twiga Foods, has left the board of directors of the company, a…
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