Business
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U.S beauty company eye a pie of Sh297.05 billion Kenya’s skincare market
July 21, 2025
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
June 23, 2025
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
June 22, 2025
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
June 6, 2025
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
May 14, 2025
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
May 9, 2025
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
May 6, 2025
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…
Musk says Starlink now available in Somalia
April 14, 2025
Musk says Starlink now available in Somalia
SpaceX’s Starlink satellite system is now available in Somalia, owner Elon Musk wrote on social media platform X on Sunday,…
Alibaba says to begin re-hiring, sees signs of start of AI bubble in the US
March 25, 2025
Alibaba says to begin re-hiring, sees signs of start of AI bubble in the US
Alibaba Group (9988.HK) Chairman Joe Tsai said on Tuesday the tech giant would recommence hiring, emboldened with more confidence following…
India’s Adani Energy Solutions wins Ksh.42 billion transmission project
March 21, 2025
India’s Adani Energy Solutions wins Ksh.42 billion transmission project
India’s Adani Energy Solutions (ADAI.NS), the power transmission arm of billionaire Gautam Adani’s Adani Group, has won a Ksh.42 billion…
Campaign to revive East Africa’s maritime economy launched
March 9, 2025
Campaign to revive East Africa’s maritime economy launched
A drive dubbed the Kilindini Campaign has been launched to revitalise East Africa’s blue economy. The Pan-African initiative seeks to…
SGR financing in limbo as Kenya looks to both China, UAE
February 28, 2025
SGR financing in limbo as Kenya looks to both China, UAE
The financing of the next phase of the Standard Gauge Railway to Malaba remains in limbo as the government appears…