BEIJING (AP) — Foreign companies are shifting investments and their Asian headquarters out of China as…
Category: Business
Why government didn’t convert Sh537bn pending bills into bond
The government shelved a plan to convert pending bills into a bond following concerns it would…
How you’re watering the garden can help save water, money and plants, too
Until I installed soaker hoses throughout my vegetable beds this year, I’d always watered my plants…
Kenya to reduce duty for EU imports after inking trade pact
Kenya will progressively reduce duty for goods imported from the European Union (EU) as part of the newly…
From riches to ruin: Tragic tale of booming Kenya firms burst in iceberg of debt
It is in the 1926 novel, The Sun Also Rises, Mike, one of the characters, when asked…
Airbus wins record order for 500 jets from India’s IndiGo at Paris Air Show
PARIS (AP) — India’s IndiGo airline is buying 500 passenger jets from European planemaker Airbus, the…
From Kibaki-era deal making-machine into receivership battle: The story of TransCentury
TransCentury is on the brink. And if the worst happens, and it loses the current court…
Shilling breaches 140 to dollar as new CBK boss Kamau Thugge takes charge
The Kenyan shilling has breached the 140-unit mark trading against the US dollar, defying State interventions…
Supreme Court’s Daniel Arap Moi land ruling sends banks, buyers into a panic
Banks holding thousands of title deeds as collateral for loans have been thrown into a panic…
Kenyans abroad to buy bonds via mobile in a month
Kenya will roll out an electronic over–the–counter trading platform for government securities, enabling investors to start…