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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…
Kenya loses Sh800bn annually to counterfeit goods, report reveals

Kenya loses Sh800bn annually to counterfeit goods, report reveals

Kenya loses approximately Sh800 billion each year to counterfeit goods, according to a new report. This loss accounts for around…
Microsoft to lay off around 6,000 employees in organization-wide cuts

Microsoft to lay off around 6,000 employees in organization-wide cuts

Microsoft said on Tuesday it was laying off less than 3% of its workforce, or around 6,000 employees, as the…
Safaricom posts Sh69.8 billion net profit

Safaricom posts Sh69.8 billion net profit

Safaricom has reported Sh69.8 billion in net income for the full-year ending March 31, 2025, as the telco registered double-digit…
Warren Buffett Steps Down As CEO Of Berkshire Hathaway

Warren Buffett Steps Down As CEO Of Berkshire Hathaway

Buffett announces leadership transition amid record-breaking stock performance and major philanthropic effortsWarren Buffett, the renowned investor and CEO of Berkshire…
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