News

February 13, 2020

Some development banks worsening poor country debt burdens, says World Bank

World Bank President David Malpass chided other development banks for lending too quickly to heavily indebted countries, saying some were…
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February 13, 2020

More than 1,300 dead as Chinese govt sacks top-ranking officials over Coronavirus outbreak

China’s Communist Party has sacked its two top-ranking officials in Hubei Province under criticism over the handling of the deadly…
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February 13, 2020

Amazon boss Jeff Bezos buys a home worth Ksh 16.6 billion

World’s richest man Jeff Bezos has purchased a Los Angeles-area estate for $165 million (Ksh16.6 billion), which became the most…
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February 13, 2020

Samsung Galaxy S20 unveiled, to cost Ksh.138K

The world’s biggest smartphone maker unveiled a new foldable device, the Galaxy Z Flip, at its Unpacked press event in…
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February 12, 2020

Solar energy plant to be installed in Kabarak to complete Moi’s dream

President Kenyatta has said a solar energy plant will be installed by his government at Kabarak to finish up a…
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February 12, 2020

Total chief dismisses Tullow oil takeover idea

Total chief executive Patrick Pouyanne has dismissed the idea it might buy its partner in East Africa and Guyana, Tullow…
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February 12, 2020

NSE share prices remain constant during Moi’s burial ceremony

Trading at the Nairobi Securities Exchange remained stagnant hours after opening on Wednesday when the whole country shifted focus to…
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February 12, 2020

South Africa’s MTN flags 2019 profit jump of up to 50 p.c

South Africa’s MTN Group expects full-year headline earnings to rise as much as 50 percent still a slowdown from the…
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February 10, 2020

President Kenyatta to chair action group by African Leaders on Malaria

President Uhuru Kenyatta has taken over the chairmanship of the African Leaders Malaria Alliance (ALMA). The Alliance is a coalition…
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February 10, 2020

Barclays life insurance officially changes to Absa life insurance

Following receipt of all regulatory approvals, Barclays Life Assurance Kenya limited has officially changed to Absa Life Assurance Kenya limited…
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