The persistent bear run on the Nairobi Securities Exchange (NSE) has seen three companies, including Credit…
Category: Business
Inside Somalia’s Sh690bn debt write-off
Somalia has secured a Sh690 billion ($4.5 billion) debt write-off from global lenders, marking the culmination…
The grove robbers flooding the market with fake extra virgin olive oil
Extra virgin olive oil is getting very expensive. And it might not even be real. Olive…
Cytonn receiver manager takes over more assets
The High Court has allowed the official receiver to take over three properties in Nairobi’s Kilimani…
Air India moves entire IT infrastructure to cloud, closes historic data centres
Air India, India’s leading global airline, has successfully migrated to a cloud-only IT infrastructure, having closed…
KenGen to build mega wind power plant
KenGen will develop the second biggest wind power plant in Kenya, with an initial capacity of…
Why Airbus wants to set up drone base in Kenya
Last week, senior managers of AALTO, a subsidiary of European aerospace company Airbus, pitched camp in…
Mass default fears as CBK loan rate hits 11-year high
More pain for borrowers as CBK moves to rein in living cost crisis. The Central Bank…
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Alaska Airlines agreed to buy Hawaiian Airlines in a $1.9 billion deal announced Sunday, potentially putting…
In the salt deserts bordering Pakistan, India builds its largest renewable energy project
Rising from the bare expanse of the large salt desert that separates India from Pakistan is…