Business
World’s Top 6 Performing Economies To Come From Sub-Saharan Africa
January 9, 2024
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
January 9, 2024
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
January 9, 2024
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
January 9, 2024
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
January 9, 2024
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
January 9, 2024
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President William Ruto has rescinded the appointments of four board members of the Kenya Railways Corporation.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
January 9, 2024
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
January 8, 2024
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
January 8, 2024
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
January 5, 2024
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…