Kenya Airways (KQ) has started direct flights from South Sudan capital Juba to Khartoum in Sudan…
Category: Business
US consumer inflation up 6.8% in past year, most since 1982
WASHINGTON (AP) — Prices for U.S. consumers jumped 6.8% in November compared with a year earlier…
China Evergrande defaults on its debt. Now what?
For weeks, global markets have been watching the struggles of China Evergrande, a teetering real estate…
Companies rethink return-to-office plans amid omicron cases
NEW YORK (AP) — Companies of all sizes are rethinking their plans to send workers back…
A third of borrowers now on CRBs blacklist
A third of Kenyan loan accounts are negatively listed as defaulted with the country’s credit reference…
Debt burden pushing Kenya to the brink, budget office cautions
The Parliamentary Budget Office (PBO) has advised the National Treasury to reschedule payments of domestic debts…
Coffee auction confusion as lawmakers back CMA
Coffee marketing has been thrown into fresh confusion after a parliamentary committee threw out regulations introduced…
Rural electricity firm bought substandard poles for Sh800m
A state firm awarded tenders for electricity poles to companies that were controlled by the same…
Kenya paid China Sh29bn to ease debt repayment standoff
Kenya wired Sh29.86 billion to China in the quarter to September 2021 to ease a standoff…
Power cost still high, despite Uhuru promise
A promise by President Uhuru Kenyatta that the cost of electricity would progressively come down by…