The University of Nairobi (UoN) has launched the Silicon Savannah Innovation Park, in an event held…
Category: Business
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CNN Academy’s New ‘Micro-Documentaries’ Sound the Climate Alarm for Global South at COP29
The Rockefeller Foundation supported specialized training by CNN Academy to amplify diverse voices, teach, and promote…
County Gvt of Homa Bay Risks Blacklisting Over Misuse of Sh358M
Homa Bay County Government is on the jaws of potential blacklisting from the Financing Locally Led…
CBK Issues Guideline to Protect Banks Against Panic Withdrawals
The Central Bank of Kenya (CBK) has provided fresh guidelines, urging commercial banks across the country…
Elon Musk’s Starlink Accused of Offering Deep Discounts to Entice Customers
Elon Musk’s Starlink now faces accusations of predatory pricing to lure customers against competitors in the…
Kenya’s Diaspora Remittances Skyrockets to Record Sh56.2 Billion in October
Kenyan diaspora remittances has hit a new monthly record of $437.2 million, equivalent to Ksh.56.2 billion,…
Deductions for SHIF and Housing Levy Impacts Hefty Payslip Cuts on Workers
New statutory deductions for Kenya’s Social Health Insurance Fund (SHIF) and housing levy have pushed workers’…
I&M Group PLC Records 24% Growth in Profit Before Tax for Q3 2024
I&M Group PLC has recorded 24% growth in profit for the year 2024, before taxation, equivalent…
CBK Mounts Pressure on Commercial Banks to Reduce Lending Rates
The Central Bank of Kenya (CBK) is mounting more pressure on commercial banks to reduce borrowing…
Equity Group Holdings and DEG Launch German Desk to Promote Trade
Equity Bank Limited Group Holdings Plc and DEG-Deutsche investitions-und EntwicklungsgesellschaftmbH, the German Development Finance Institution, have…