IMF defends Sh255bn facility, says to align Kenya’s debt
IMF defends Sh255bn facility, says to align Kenya’s debt
NAIROBI, Kenya, Apr 7 – The International Monetary Fund issued a statement on Tu...
13 hours ago
· Capital Business
Facebook says hackers ‘scraped’ data of 533 mn users in 2019 leak
Facebook says hackers ‘scraped’ data of 533 mn users in 2019 leak
San Francisco, United States, April 7 - Facebook said Tuesday that hackers "scra...
16 hours ago
· Capital Business
Samsung Electronics, LG forecast 40% leaps in Q1 operating profits
Samsung Electronics, LG forecast 40% leaps in Q1 operating profits
SEOUL, South Korea, Apr 7 - South Korea's two biggest electronics firms both for...
18 hours ago
· Capital Business
New small business coalition targets Amazon on antitrust
New small business coalition targets Amazon on antitrust
SAN FRANCISCO, United States Apr 7 - A new coalition of small business groups on...
18 hours ago
· Capital Business
Oliver Fowler named I&M bank chairman after retirement of Suresh Bhagwanji Raja
Oliver Fowler named I&M bank chairman after retirement of Suresh Bhagwanji Raja
NAIROBI, Kenya Apr 6 - Financial services firm, I&M Bank Limited, has announ...
a day ago
· Capital Business
IMF sees slower recovery for eurozone than US
IMF sees slower recovery for eurozone than US
Brussels, Belgium, April 6 - The IMF said Tuesday the eurozone economy would exp...
a day ago
· Capital Business
Kenyans’ social media rant inconsequential to IMF loan to Kenya: expert
Kenyans’ social media rant inconsequential to IMF loan to Kenya: expert
NAIROBI, Kenya, Apr 6- Kenya must continue to borrow from other global lenders i...
a day ago
· Capital Business
Millions Mark Easter Under Coronavirus Curbs
Millions Mark Easter Under Coronavirus Curbs
ROME, Italy, Apr 4 - Millions of Christians around the world celebrated a second...
4 days ago
· Capital Business
Sanlam announces a Sh49mn move to purpose-led organisation
Sanlam announces a Sh49mn move to purpose-led organisation
NAIROBI, Kenya, Apr 3 - Sanlam, non-bank financial services provider in Africa a...
5 days ago
· Capital Business
Kenya to get Sh255.9bn loan from IMF to fight COVID-19
Kenya to get Sh255.9bn loan from IMF to fight COVID-19
NAIROBI, Kenya, Apr 3 - The International Monetary Fund has approved new three-y...
5 days ago
· Capital Business
KRA Beats Slow Economic Progression to Collect a Record Sh144.6bn in March
KRA Beats Slow Economic Progression to Collect a Record Sh144.6bn in March
NAIROBI, Kenya, Apr 3 - Kenya Revenue Authority (KRA) has recorded the highest r...
5 days ago
· Capital Business
Kenya seeking to push stay of debt suspension service to June 2022
Kenya seeking to push stay of debt suspension service to June 2022
NAIROBI, Kenya, Mar 31- Kenya is seeking to have its external Debt Service Suspe...
6 days ago
· Capital Business
Kenyatta opens new roads, affirms Govt’s commitment to decongest Nairobi
Kenyatta opens new roads, affirms Govt’s commitment to decongest Nairobi
NAIROBI, Kenya, Apr 1 - President Uhuru Kenyatta today commissioned the 4.2 kilo...
6 days ago
· Capital Business
Equity Insurance Agency weathers Covid-19 pandemic, records Sh600mn profit
Equity Insurance Agency weathers Covid-19 pandemic, records Sh600mn profit
NAIROBI, Kenya, Apr 1 - Equity Insurance Agency has posted a Sh600 million gross...
6 days ago
· Capital Business
Kenya Power Sinks into losses, Posts Sh939mn in loss after tax for FY20
Kenya Power Sinks into losses, Posts Sh939mn in loss after tax for FY20
NAIROBI, Kenya, Apr 1 - Kenya Power has posted Sh939mn in its 2020 loss after-ta...
7 days ago
· Capital Business
UAP Insurance Kenya records 13pc growth in revenue
UAP Insurance Kenya records 13pc growth in revenue
NAIROBI, Kenya, Apr 1 - UAP Insurance Kenya recorded a growth in gross written p...
7 days ago
· Capital Business
IRA warns car insurance companies against coning Kenyans over the new curfew regulations
IRA warns car insurance companies against coning Kenyans over the new curfew regulations
NAIROBI, Kenya, Mar 31- The Insurance Regulatory Authority has warned insurance ...
7 days ago
· Capital Business
CBK May Reintroduce Loan Relief Measures Should The Situation Worsen
CBK May Reintroduce Loan Relief Measures Should The Situation Worsen
NAIROBI, Kenya, Mar 31- The Central Bank of Kenya may consider reintroducing loa...
8 days ago
· Capital Business
I&M Holdings posts a 21pc Decline in its 2020 Net Profit to Sh8.41bn
I&M Holdings posts a 21pc Decline in its 2020 Net Profit to Sh8.41bn
NAIROBI, Kenya, Mar 31 - I&M Holdings has reported a 21 percent decline in i...
8 days ago
· Capital Business
IMF chief sees multi-speed global recovery increasingly powered by China, U.S.
IMF chief sees multi-speed global recovery increasingly powered by China, U.S.
WASHINGTON, March 31 - The global economy is in a multi-speed recovery increasin...
8 days ago
· Capital Business
Kenya to Receive Sh34.5bn in IMF Loan to Fight COVID-19
Kenya to Receive Sh34.5bn in IMF Loan to Fight COVID-19
NAIROBI, Kenya, Mar 30-Kenya hopes to receive Sh34.5 billion, from the Internati...
8 days ago
· Capital Business
Kenyatta signs Employment and Business Laws Amendment Bills into law
Kenyatta signs Employment and Business Laws Amendment Bills into law
NAIROBI, 30th March 2021 (PSCU) - President Uhuru Kenyatta has today signed into...
8 days ago
· Capital Business
One virus, one stuck ship spark global trade rethink
One virus, one stuck ship spark global trade rethink
PARIS, France, Mar 30 -A virus visible through only the most powerful microscope...
8 days ago
· Capital Business
Family Bank Posts a 1.3pc Growth in 2020 Pre-tax Profit to Sh1.4bn
Family Bank Posts a 1.3pc Growth in 2020 Pre-tax Profit to Sh1.4bn
NAIROBI, Kenya, Mar 30 - Family Bank has posted an impressive Sh1.440 billion Pr...
8 days ago
· Capital Business
Africa’s Sh19.7tn Internet Economy Booming, Tech Talent Among Key Drivers – Dentsu
Africa’s Sh19.7tn Internet Economy Booming, Tech Talent Among Key Drivers – Dentsu
NAIROBI, Kenya, Mar 30 - The internet economy of Africa, worth about US$180 bill...
8 days ago
· Capital Business
Konza launches ultra-modern security command centre
Konza launches ultra-modern security command centre
NAIROBI, Kenya, Mar 30 - Cabinet Secretary for Interior and Coordination of Nati...
9 days ago
· Capital Business
CBK retains benchmark lending rate at 7pc, seventh time in a row
CBK retains benchmark lending rate at 7pc, seventh time in a row
NAIROBI, Kenya, Mar 30- The Central Bank Of Kenya has retained the benchmark len...
9 days ago
· Capital Business
Bolt launches Food delivery services in Kenya
Bolt launches Food delivery services in Kenya
NAIROBI, Kenya, Mar 29-Bolt, has officially launched its food delivery service, ...
9 days ago
· Capital Business
NCBA Records A 42pc Decline in 2020 Net Profit to Sh4.6bn
NCBA Records A 42pc Decline in 2020 Net Profit to Sh4.6bn
NAIROBI, Kenya, Mar 29 -NCBA Group PLC has posted a profit after tax of Sh4.6 bi...
10 days ago
· Capital Business
Jubilee Insurance, Allianz strategic partnership named East Africa Deal of the Year 2020
Jubilee Insurance, Allianz strategic partnership named East Africa Deal of the Year 2020
NAIROBI, Kenya, Mar 29-The strategic partnership between Jubilee Holdings Limite...
10 days ago
· Capital Business
Stanchart gives Sh329mn to Devki as part of its COVID-19 financing initiative
Stanchart gives Sh329mn to Devki as part of its COVID-19 financing initiative
NAIROBI, Kenya, Mar 29-Standard Chartered Bank has allocated Sh 329 million fund...
10 days ago
· Capital Business
AfCFTA: Free trade bloc can be a game changer for African people and business
AfCFTA: Free trade bloc can be a game changer for African people and business
ABIDJAN, Ivory Coast, Mar 29 - Exploring strategies to deepen private sector par...
10 days ago
· Capital Business
Homeboyz Radio Penalized Heavily By CA after Presenters Glorify GBV
Homeboyz Radio Penalized Heavily By CA after Presenters Glorify GBV
NAIROBI, Kenya, Mar 28 – The Communication Authority of Kenya on Sunday fined Ho...
10 days ago
· Capital Business
More African Airlines join AU – Backed Digital Vaccine Passport Platform
More African Airlines join AU – Backed Digital Vaccine Passport Platform
NAIROBI, Kenya, Mar 27 - More Africa airlines have joined Africa Unions Digital ...
11 days ago
· Capital Business
All Domestic Airlines to Suspend Operations From Monday Noon – KAA
All Domestic Airlines to Suspend Operations From Monday Noon – KAA
NAIROBI, Kenya, Mar 27 - The Kenya Civil Aviation Authority has announced that d...
12 days ago
· Capital Business
New data science can unlock US$20mn agriculture insurance business in East Africa
New data science can unlock US$20mn agriculture insurance business in East Africa
NAIROBI, Kenya, Mar 27 - Allianz Africa is eyeing the agriculture insurance sect...
12 days ago
· Capital Business
What made Bitcoin a formidable payment instrument?
What made Bitcoin a formidable payment instrument?
Bitcoin is trending in the number one position in the cryptocurrency market. Whe...
12 days ago
· Capital Business
What is the crypto lottery? How does it work?
What is the crypto lottery? How does it work?
Lotteries have always been seen as a viable option for making money in a short t...
12 days ago
· Capital Business
Why Bitcoin is the gold of the digital era?
Why Bitcoin is the gold of the digital era?
Bitcoin is a completely digital commodity and is also known as a virtual currenc...
12 days ago
· Capital Business
Kenya Closes Bars in Five Counties Including Nairobi As Pandemic’s Grip Tightens
Kenya Closes Bars in Five Counties Including Nairobi As Pandemic’s Grip Tightens
NAIROBI, Kenya, Mar 26 - The government has shut down bars in Nairobi, Machakos,...
12 days ago
· Capital Business

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