Fairmont Hotels & Resorts has withdrawn a memo which fired all its employees after pressure from government and staff union. In a new memo on Thursday,...
Cash-starved Kenyans redeemed Sh301 million from the Safaricom customer loyalty awards scheme, Bonga Points, to buy food and household items. The Bonga For Good initiative, in...
KCB audit job has been among the highest payers, with remuneration paid by the lender amounting to Sh55 million in the financial year ended December 2019....
Kenya Revenue Authority (KRA) tax collections in April dropped by Sh20.31 billion, reflecting the subdued business environment amid the Covid-19 pandemic economic hardships. Latest data from...
Manufacturers want the government to urgently intervene and oversee the payment of money owed to Tuskys supermarkets’ suppliers to avoid a full-blown debt crisis. The suppliers...
Safaricom becomes one of the latest companies to be hit with the Covid-19. According to a statement issued by the Teleco’s CEO, a staff member from...
For the second year in a row, Treasury has failed to provide a budgetary allocation to the office of Auditor-General to construct its headquarters at Bishops...
The total public debt has hit Sh6.4 trillion as local borrowing rose and the external portion was pushed up further by the depreciation of the local...
The World Bank will lend Kenya’s government $1 billion in budget support, its biggest financing package yet for the East African economy, according to Treasury Secretary...
The Capital Markets Authority (CMA) is locked in a fresh court battle over the KenolKobil insider trading case after the former head of one of Kenya’s...
A larger fleet of Loon balloons is heading to Kenya after successful launches from Loon’s launch site in Puerto Rico. These balloons will join the eight...
DHL Global Forwarding has launched a dedicated 100-tonne weekly air freight service for organizations and governments shipping goods from China to Africa and the Middle East....
Around the world, 40% of passengers are planning to wait at least six months or more for air travel due to the global coronavirus (COVID-19) pandemic,...
(AFP) – Netflix on Tuesday reported soaring profits as subscriptions surged by almost 16 million at the streaming television service during lockdowns to slow the spread...
Spanish football powerhouse Barcelona will give a sponsor naming rights to the Camp Nou stadium for the first time to raise funds for the fight against...
The U.S. dollar will not continue its current strength as both the government deficit and its monetary policies pose great dangers to the currency, a prominent...
(Reuters) – U.S. crude oil futures collapsed below $0 on Monday for the first time in history, amid a coronavirus-induced supply glut, ending the day at...
The High Court has ordered that the Siaya county government be enjoined as a respondent in a petition seeking to exhume the body of a victim...
(Reuters) – Apple Inc on Wednesday released a smaller iPhone priced at $399, cutting the starting price for the company’s smartphone line in a move to...
Cabinet Secretary for Tourism Najib Balala has rubbished claims that the Kenya Wildlife Service (KWS) had resolved to raise park fees by 300pc due to coronavirus...
