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Business/News

KPLC on the spot as cost of power shoots up by 21% overnight

September 14, 2022September 14, 2022

The Kenya Power and Lighting Company (KPLC) is under fire from a section of Kenyans who have noticed the country’s power provider unprocedurally increased the Fuel Energy charge last night from Ksh…

Business/News

IMF: Kenya’s economy on a steady rise despite global shocks

July 25, 2022July 25, 2022

Kenya’s economic recovery is underway and government revenues have overperformed. This is according to the International Monetary Fund (IMF). The body in its third review of the country’s economic programs under its…

Business/News

First-time travelers boosting Kenya’s aviation industry recovery

June 30, 2022June 30, 2022

Renowned airline, Fly 748 has projected positive prospects for the airline industry in 2022 despite the tough operating environment fuelled by the Ukraine war, COVID-19 and politics. According to the airline, the…

Business/News

Infinix launches its trendy NOTE 12 Series at the elegant Sarit center expo

May 30, 2022May 30, 2022

Infinix recently launched its NOTE 12 Series at its elegant event at the Sarit Centre Expo, a trendy and contemporary location that aligns with the brand’s vision and mission. This is the…

Business/News

Unidentified person deposits 13.5M to Egerton University in 7 years

October 28, 2021October 28, 2021

The Egerton University Department of Finance has raised an alarm over huge sums of money totaling Sh 13.5M that has been deposited to the university’s bank accounts from 2015 by an unidentified…

Business/News

Man Behind Viral ‘Nitakufinya’ Phrase Takes Legal Action Against 3 Corporates Over Brand Misuse

September 18, 2021September 18, 2021

Aaron Asiba Matendechere, the man behind the viral “Nitakufinya” phrase has taken legal action against three corporates for using his brand without consent. According to documents presented in court, Matendechere is suing…

Business/News

Taxi-app Bolt Under Fire After Lady Passenger’s Hand is Cut by Driver

September 7, 2021September 7, 2021

Bolt, the popular taxi-hailing app is under fire after a lady passenger’s hand was cut by its driver. According to reports on social media, a lady identified as Susan Waithera was assaulted…

Business

EACC to seize Kidero’s luxury Gem Appartments at Nairobi’s Riverside Drive

May 12, 2021May 12, 2021

Evidence from the EACC show former Nairobi Governor Dr. Evans Kidero used stolen public funds to construct his luxury Gem Apartments located in Nairobi’s Riverside Drive. Kidero, in collaboration with his former…

Business

Angry Kenyans camp on IMF Facebook page over 257B loan

April 3, 2021April 3, 2021

Continuous borrowing by President Uhuru Kenyatta has left a bitter taste in the mouth of many Kenyans. This time, the pent-up anger was heavily unloaded on the International Monetary Fund (IMF), whose…

Business

Kenya receives another 257B debt as Treasury goes dry

April 3, 2021April 3, 2021

Washington-based global lender IMF has approved Kenya’s Sh257 billion loan for Kenya, to relieve some of the economic burdens currently facing the country. In a statement on Friday, the body revealed its…

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