Mobile Teleco giant Safaricom will be a separate entity from its revolutionary money transfer services, M-PESA. The framework for the process has been laid with reports indicating Chairman John Ngumi’s last week’s…
The cost of power in Kenya is expected to shoot by 15 percent from Sunday following the government’s removal of the electricity subsidy which expires on December 31st. According to Energy and…
South Sudan President Silva Kiir had threatened to transfer his country’s cargo business to Djibouti if President William Ruto continued to execute his September order that restricted the clearance of cargo and…
President William Ruto is seeking to sell a controlling stake in the country’s national courier, Kenya Airways to American investors as a strategy to have the struggling airline back to making profits.…
Countries in Europe are now asking Kenya’s horticulture farmers for proof of certification showing that their products to the continent are free from any GMO traces. According to Fresh Produce Consortium of…
Fly 748 is eyeing a significant increase in domestic flight bookings in the last quarter of the 2022 as hard-pressed tourism sector return to pre-COVID level activities. Aggressive marketing campaigns by tourism…
Chinese banks behind the SGR loan fined the country Sh1.31bn in the last financial year, a burden the taxpayer will shoulder, in addition to the current high cost of living. One of…
The Central Bank of Kenya on Tuesday morning announced a successful separation and transfer of the mobile money business of Kenya’s telecoms company Airtel Networks Kenya Limited (ANKL) to a new entity,…
Kenyans seeking loans from lending institutions will have to wait longer for affordable credit after the Central Bank of Kenya (CBK) yesterday increased its benchmark lending rate by 75 basis points to…
Kenya could be hit with trade sanctions and embargos by the United States (US) following revelations by President William Ruto that the country is ready to enter into a government-to-government partnership with…