Logistics firm Sendy has cut 10 percent of its workforce of 300 on a funding drought…
Category: Business
Why more and more homes are getting auctioned
Puzzle of over 1,000 homes auctioned in last three months. We all endeavour to live in…
How new funding formula will arm Auditor-General
Three major concerns have run across most reports on the effectiveness of the Auditor General’s office.…
Why taxman pushed back deadline for ETR devices deadline back
The unavailability of the new upgraded internet-enabled electronic tax registers (ETRs), the high cost of acquiring…
Kenyan Shilling hits Ksh.119 low
The Kenya Shilling has hit a new record low of Ksh.119 against the US dollar as…
CMA grills Kakuzi boss, CFO over Britain money transfers
The Capital Markets Authority (CMA) has questioned the chief executive and finance director of listed food…
How Kenyan banks are pricing their loans
Since 2014, Kenyan banks have been using the annual percentage rate (APR) pricing mechanism to show…
Kenya Power to pilot electric car charging stations in Nairobi, Nakuru
Kenya Power will next month begin a six-month trial on electric car charging stations in Nairobi…
KCB to buy DRC-based Trust Merchant Bank
KCB has made entry into the Democratic Republic (DRC) ending many years of search for an…
CBK grants Egypt’s Banque Misr–S.A.E. licence
Egypt’s second-largest lender Banque Misr–S.A.E. has acquired a licence to operate a representative office in Kenya,…