Kenyans spent Sh169.1 billion to place bets through Safaricom’s M-Pesa in the year to March, underlining…
Category: Business
Daily borrowing on Fuliza surges to Sh1.4bn as the going gets tough
Borrowings from Safaricom’s overdraft facility hit Sh1.37 billion daily in the 12 months to March, signalling…
Crypto meltdown deepens as stablecoin Tether drops below dollar peg
The meltdown in TerraUSD, one of the world’s largest stablecoins, sent shockwaves through cryptocurrency markets on…
Safaricom net profit drops to Sh67.49 billion
Kenya’s leading telecommunication firm Safaricom has recorded a 1.7 per cent net profit drop to Sh67.49 billion. The…
Pula, Sendy among World Economic Forum top 100 global tech pioneers
Three Kenyan tech firms have emerged among the top 100 global firms poised to have a…
Dollar shortage hits operations of Kenya-based oil marketers
The shortage of US dollars is affecting the operations of oil marketers who ship in refined…
Bitcoin falls to Ksh.3 million level, lowest since July 2021
Bitcoin slumped to Ksh.3.4 million ($30,000) for the first time since July 2021 on Tuesday as…
EAC adopts new tax rate to protect infant industries
Trade and finance ministers in the East African Community (EAC) have adopted a 35 percent levy…
What is Aquaponics?
Many definitions of aquaponics recognize the ‘ponics’ part of this word for hydroponics which is growing…
Anxiety over vehicle leasing audit
Anxiety has gripped car dealers and financial institutions as the National Treasury moves to audit the…