Safaricom is investing an initial Sh67 billion ($600 million) in Ethiopia where it is setting up…
Category: Business News in Kenya
Kenya Power is broke, says Auditor General
Utility firm Kenya Power is insolvent and requires urgent government bailout, Auditor General Nancy Gathungu has…
Betting through M-Pesa hits Sh83bn in half-year
Kenyans spent Sh83.2 billion to place bets in the six months to September through Safaricom’s M-Pesa…
Kenya’s economy grows by 10pc in second quarter 2021
Kenya’s economy grew 10.1 percent year-on-year in the second quarter of 2021, the highest in more…
Safaricom half-year profit rises to Sh37bn
Safaricom has posted a Sh37.055 billion net profit for the half year to September 30 boosted…
CMA set to punish KenGen for not issuing profit alert
The Capital Markets Authority (CMA) says it will punish power producer KenGen for failing to issue…
Why export of avocados has been banned
Why you will not export avocados from next week The horticulture regulator has slapped a ban…
Axe falls on Kenya Power procurement team
Kenya Power has suspended 59 senior staff in its supply chain division to pave way for…
NSE Big Five Tighten Grip On Market During Pandemic
The top five listed companies on the Nairobi Securities Exchange (NSE) have tightened their grip on…
M-Pesa: Why you must always log out before changing SIM card
Picture this. You are busy at work meeting your tight deadlines, then you are interrupted by…