The government printed a record Sh15 billion in the seven days to September 25 as pressure…
Category: Business
Well-connected firms win Kenya Power poles tender
Tycoons and politicians are among those who have won Kenya Power’s lucrative tenders for concrete electricity…
KRA effects higher excise rates, signals greater fuel, alcohol prices
The Kenya Revenue Authority (KRA) adjusted its effective excise duty rate by five percent, signalling higher…
KCB seeks auction of National Oil on Sh3.8bn loan default
The cash-strapped National Oil Corporation of Kenya (Nock) risks asset seizure and auction over Sh5.3 billion…
Safaricom, NCBA split on cutting M-Shwari charges
NCBA Group has differed with its partner Safaricom over the push to lower the customer charges…
Secret and unprofitable Palantir goes public
Seventeen years after it was born with the help of the CIA seed money, data-mining outfit…
Madaraka Express resumes full service
All is set for the resumption of a second Nairobi-Mombasa passenger train, with the first locomotive…
Kenya in African digital pact to ease movement of goods
Kenya is among 13 African countries that have entered into a digital deal to ease movement…
Motorists to pay Sh3,000 via insurance for road damages
Motorists will pay up to Sh3,000 through their annual car insurance to cover for damages of…
Jubilee Holdings to sell majority stake in general insurance business
Regional based insurer Jubilee Holdings Limited (JHL) has agreed to sell a controlling stake of its…