Business

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Uber And Bolt Put on Notice in Kenya Over Exploitation of Drivers

Uber And Bolt Put on Notice in Kenya Over Exploitation of Drivers

The Transport Workers Union Kenya (TAWU-Kenya) has formally notified Uber and Bolt, along with key State regulators, of its intention…
Kenyan Billionaire Behind the Multi-Billion Imaara Shopping Mall

Kenyan Billionaire Behind the Multi-Billion Imaara Shopping Mall

The Imaara Shopping Mall is a modern shopping centre located along Mombasa Road at the entrance to the Imaara Daima…
Kenya Bans Importation of Milk Powder

Kenya Bans Importation of Milk Powder

The Ministry of Agriculture and Livestock has banned the importation of milk powder from neighbouring countries. While speaking in Naivasha,…
Why Gold Prices Are Hitting Record Highs

Why Gold Prices Are Hitting Record Highs

Gold prices have climbed to a record high of US$4,100 (around Sh529,720) per ounce, marking the sharpest increase in the…
Pizza Hut to close 68 UK restaurants

Pizza Hut to close 68 UK restaurants

Pizza Hut is to close 68 restaurants and 11 delivery sites in the UK with the loss of 1,210 jobs,…
Three Kenyan Companies Placed Under Administration as Financial Woes Deepen

Three Kenyan Companies Placed Under Administration as Financial Woes Deepen

Three Kenyan companies, Tecof Limited, Mt. Kenya Tea Factory Company Limited, and Njeru Industries Limited have been placed under administration.…
Airbnb boom drives up Nairobi rents by 10 per cent, leaves long-term tenants struggling for space – report

Airbnb boom drives up Nairobi rents by 10 per cent, leaves long-term tenants struggling for space – report

A new report by global property consultancy Knight Frank has revealed that the rapid growth of short-term rentals in Nairobi’s…
Mismanagement of Co-operatives funds amid delayed audits sparks probe

Mismanagement of Co-operatives funds amid delayed audits sparks probe

A parliamentary committee has raised serious concerns about the legitimacy and management of two funds under the State Department for…
U.S beauty company eye a pie of Sh297.05 billion Kenya’s skincare market

U.S beauty company eye a pie of Sh297.05 billion Kenya’s skincare market

US-based skincare company Circadia is eyeing a piece of Kenya’s beauty market which with its entry into the local scene.…
Iran parliament reportedly backs closing Strait of Hormuz, which could spike oil prices

Iran parliament reportedly backs closing Strait of Hormuz, which could spike oil prices

Iran’s parliament has endorsed closing the Strait of Hormuz, a vital oil transit point off its coast, but analysts are skeptical about the threat…
Equity Bank partners with Italian investors to revive leather industry

Equity Bank partners with Italian investors to revive leather industry

Equity Bank has stepped into a pivotal role as a financial catalyst for a partnership between Kenya and Italy aimed…
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