National Carrier Kenya Airways (KQ) has posted a Ksh12.9 billion loss in the year ended December 2019. This is a…
Browsing: BUSINESS
Biashara news
TikTok and its Chinese twin app, Douyin app are ranking globally on mobile apps with the highest revenue generated for…
Ride hailing company, Bolt has raised 100 million euros from London based Investment firm, Naya Capital Management. The deal values…
Uber has laid off 600 of its staff in India. This came after the company announced that they would be…
Equity Group Holdings has withdrawn proposed dividend declaration and payment in what they say is market uncertainty. In a statement,…
The government has snubbed a plea for Ksh7 billion bailout money for national carrier Kenya Airways (KQ). The government says…
The Kenyan government has rejected Ksh16 billion compensation claim by Tullow Oil for its eight year works at the Turkana…
Following the US sanctions on Huawei networks last week, the UK is conducting a fresh review into the impact of…
The Nation Media Group (NMG) on Friday issued a profit warning to its investors, citing reduced revenues due to the…
Safaricom has launched a new feature that will allow businesses transact directly using their MPesa tills. The feature is an…
The Athi River Mining (ARM) has announced plans to sell its subsidiaries in Rwanda and South Africa. The amount gained…
Netflix has said it will reach out to customers who have not watched anything on the on-demand video streaming service…
The Central Bank of Kenya (CBK) has approved acquisition of Imperial Bank assets worth Ksh3.2 billion by Kenya Commercial Bank…
Mediamax Network limited, the holding company for K24 TV and People Daily Newspaper, has announced plans to fire more employees…
Co-operative Bank of Kenya (Co-op Bank) has recorded Ksh3.58 billion profit after tax for the first quarter of 2020, a…