Safaricom’s grand entry into Ethiopia has bolstered hopes of Kenyan banks gaining a foothold in the country’s market of 120 million people…
Category: Business
Nairobi approves Sh12b budget to settle pending bills
Nairobi County Assembly has approved a second Sh12 billion supplementary budget for pending bills and statutory…
Safaricom shares hit record high on Ethiopian expansion
Safaricom has recorded the highest share price since listing at the Nairobi Securities Exchange (NSE), on news that…
Competitions Authority orders bread makers to show weight of loaf
The Competition Authority of Kenya (CAK) has ordered bread makers to print weight, expiry date, and…
Safaricom’s share price hits new high after Ethiopia win
Safaricom’s share price hit a new high of Ksh.41.75 at the close of trading on Monday…
Maersk set to deploy more ships to Lamu
Maersk, the Denmark-based shipping giant, says it is ready to deploy regular vessels to Lamu Port if required.…
Yatani to take control of key transport agencies
Treasury Cabinet Secretary Ukur Yatani will take over the financial and management control of cash-rich parastatals…
Africa’s richest countries
Africa remains a powerhouse in the production of natural resources and innovation, despite the social and…
Equity begins selection process for 2021 Wings to Fly and Elimu scholarships
Equity Group Foundation (EGF) has commenced the selection process for the 2021 Wings to Fly scholarship…
Ethiopia awards landmark telco licence to Safaricom
Safaricom’s entry into Ethiopia has been confirmed after the Ethiopian government awarded an operating license to…