Browsing: BUSINESS

Deacons East Africa has been put under administration due to financial difficulties and recurrent losses. This is according to a…

Safaricom is on the spot for stealing from their subscribers who use the Mpesa service to buy airtime or data…

Former AG Githu Muigai and current Kenya Airways CEO Michael Joseph are the two shortlisted candidates for the position of…

Banks which handled National Youth Service (NYS) loot will have to part with Ksh392.5 million in fines, the Central Bank…

The Kenyan external debt is growing bigger, not because she is borrowing but because her shilling is getting weaker against…

The Supreme Court of Kenya will now hear an eight year-old case where Synergy Industrial Credit Limited is seeking a Ksh1.6…

President Uhuru Kenyatta will next week launch  310 megawatt (MW) Lake Turkana Wind Power Station in Loiyangalani, Marsabit, County, Managing Director…

Taxi-hailing app Uber Technologies is contemplating venturing into the public transport sector in Kenya, if Egypt and Mexico trials prove…

The mining brawl in Kenya is taking a new twist after the Ministry of Mining and Petroleum put an advertisement…

Co-operative Bank has reported a Ksh14.65 billion in profit before tax for the first nine months of 2018, for the…

Kenya Commercial Bank (KCB) Group has announced Ksh18.04 billion for the third quarter of 2018, for the period ending September…

The Energy Regulatory Commission (ERC) has increased prices of petroleum products. In the new prices set to take effect from…

National carrier Kenya Airways (KQ) has reduced the number of its direct flights to new York, US, over low demand.…

The government could have played the wrong ball by implementing adulteration fees on kerosene in a bid to collect more…

Burundi is unhappy with Kenya Airways’ (KQ) low-cost partner, Jambojet, over the planned deployment of Bombardier DHC8-Q400 aircraft on the…