‘Wash-wash’ paradise: Where fraudsters thrive, roam freely In March 2011, then-Democratic Republic of Congo president Joseph…
Category: Business
Internet price wars loom as capacity becomes idle
More than two-thirds of Kenya’s internet supply remained idle in the quarter to March, laying ground…
Comesa watchdog to probe prices of new Toyota cars
The Common Market for Eastern and Southern Africa (Comesa) Competition Commission has launched a formal inquiry…
PE funds, World Bank arm sell Naivas stake
A consortium comprising World Bank’s International Finance Corporation (IFC) and French private fund Amethis have sold…
60,000 cylinders to restart cooking gas subsidy plan
Some 60,000 six-kilo liquid petroleum gas (LPG) cylinders are to be distributed in the initial phase…
We won’t reopen Keroche, says KRA
The Kenya Revenue Authority (KRA) has vowed not to reopen Keroche Breweries, accusing the brewer of…
Kenyan travellers to suffer as Europe airports slash flights
Passengers from Kenya are among those that would be hit by a directive issued by a…
Crypto industry gripped by anxiety as bitcoin wobbles near Sh2.3m level
The cryptocurrency industry was on edge on Monday morning as investors feared contagion from problems at…
US rate hike inflicts pain on Kenyan investors, firms
Aggressive interest rate rises by major central banks in the developed world are causing pain to…
End of subsidy to usher in expensive petrol era
The era of expensive fuel is in the horizon after Treasury announced plans to scrap a…