Dama Wa Spares Clears The Air About Her Brother's Business
2 months ago By Irene Kinja KECity businesswoman Dama wa Spares has finally addressed speculation surrounding her brother Bonnie’s newly launched mobile spares business
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Elon Musk Asks US Court To Block Open-AI's For-Profit Conversion
Musk has alleged that OpenAI bars its investors from making investments in rivals -- which would put his own startup at a disadvantage in a sector where billions of dollars are at stake.
Musk has alleged that OpenAI bars its investors from making investments in rivals -- which would put his own startup at a disadvantage in a sector where billions of dollars are at stake.
Family Bank Posts 8% Profit Growth To Kes 3.2B In Q3
The lender attributed the growth to a significant increase in income across various revenue streams.
The lender attributed the growth to a significant increase in income across various revenue streams.
I&M Bank Reduces Lending Rate By 0.75% To Promote Credit Access
The first reduction, which occurred today, 28 November 2024, slashes rates by 0.25%, while the second phase of the rate reduction, a further 0.5%, will take effect on 23 December 2024.
The first reduction, which occurred today, 28 November 2024, slashes rates by 0.25%, while the second phase of the rate reduction, a further 0.5%, will take effect on 23 December 2024.
Uber’s Economic Impact In Kenya Hits Ksh. 14.1 Billion
Uber has made a remarkable economic impact in Kenya, contributing Sh14.1 billion to various sectors in 2023, according to a recent report
Uber has made a remarkable economic impact in Kenya, contributing Sh14.1 billion to various sectors in 2023, according to a recent report
Barclays Bank Fined Ksh 6.9 Billion Over Regulatory Breaches
Barclays has decided to drop its appeal against a £40 million fine imposed by the UK’s financial watchdog over payments made to Qatari investors in connection with an emergency capital injection in 2008
Barclays has decided to drop its appeal against a £40 million fine imposed by the UK’s financial watchdog over payments made to Qatari investors in connection with an emergency capital injection in 2008
China Square Opens New Outlet At ega City Mall In Kisumu
The outlet will offer a wide variety of products at competitive prices, from home goods to electronics, fashion, and more.
The outlet will offer a wide variety of products at competitive prices, from home goods to electronics, fashion, and more.
Whatsapp Web Hit By Global Outage, Users Report Issues In Chatting
WhatsApp Web, Meta's browser-based messaging service, experienced a significant outage on Monday, preventing users from connecting to servers or sending or receiving messages.
WhatsApp Web, Meta's browser-based messaging service, experienced a significant outage on Monday, preventing users from connecting to servers or sending or receiving messages.
Kenya Revenue Authority Unlocks Kes 21.9B Through ADR Program
The achievement is attributed to the improvement of the tax dispute resolution rate, which grew from 78% in the financial year 2020/21 to 81% of disputes completed using the ADR mechanism.
The achievement is attributed to the improvement of the tax dispute resolution rate, which grew from 78% in the financial year 2020/21 to 81% of disputes completed using the ADR mechanism.
Tatu City Certifies 500 Workers To Enhance Construction Standards
The five-day exercise evaluated masons, electricians, plumbers, painters, welders, carpenters, and supervisors against NCA’s technical and safety benchmarks.
The five-day exercise evaluated masons, electricians, plumbers, painters, welders, carpenters, and supervisors against NCA’s technical and safety benchmarks.
NBK Records Kes 839 Million Net Profit In HY Results
Net operating income rose 20% to Kes 6.6 billion, with its non-funded income contributing 26% of the bank’s total operating income.
Net operating income rose 20% to Kes 6.6 billion, with its non-funded income contributing 26% of the bank’s total operating income.
Standard Chartered Posts 64% Profit Growth To Kes 22.5B In Q3
Standard Chartered attributed the growth to increased operating income and controlled expenses.
Standard Chartered attributed the growth to increased operating income and controlled expenses.
Duct-Taped Banana Sold For Ksh. 803M At Art Auction
A banana duct-taped to a wall, considered a provocative piece of art, was sold at auction on Wednesday for an astonishing $6.2 million
A banana duct-taped to a wall, considered a provocative piece of art, was sold at auction on Wednesday for an astonishing $6.2 million
I&M Bank Records Ksh2.7 Billion Profit
I&M Bank Group has recorded a 24% growth in profit before tax for Quarter Three (Q3) of 2024
I&M Bank Group has recorded a 24% growth in profit before tax for Quarter Three (Q3) of 2024
Fuel Consumption Drops Despite Gov't Efforts To Lower Prices
According to the Lead Economic Indicator by the Kenya National Bureau of Statistics (KNBS), petrol consumption dropped by four per cent, diesel by 2.5 per cent and kerosene by 41.29 per cent.
According to the Lead Economic Indicator by the Kenya National Bureau of Statistics (KNBS), petrol consumption dropped by four per cent, diesel by 2.5 per cent and kerosene by 41.29 per cent.
African Airline Association Appoints Allan Kilavuka As Chair
Mr. Kilavuka succeeds João Carlos Pó Jorge, the outgoing Chairperson and CEO of LAM Mozambique, who has led AFRAA over the past two years.
Mr. Kilavuka succeeds João Carlos Pó Jorge, the outgoing Chairperson and CEO of LAM Mozambique, who has led AFRAA over the past two years.
Tala Reaches 10 Million Customers Globally In 10 Years
Tala has also disbursed more than 300 billion Kenya shillings to its Kenyan users.
Tala has also disbursed more than 300 billion Kenya shillings to its Kenyan users.
Kenya, Malaysia Deepen Digital Ties Ahead Of Tech Symposium In Nairobi
A delegation from Malaysia’s business community is in Kenya to explore investment opportunities, with a focus on the information, communication, and technology (ICT) sector
A delegation from Malaysia’s business community is in Kenya to explore investment opportunities, with a focus on the information, communication, and technology (ICT) sector
Equity Bank Reduces Loan Interest Rates Following CBK Rate Reduction
The reduction follows the recent decision by the Central Bank of Kenya (CBK) to cut the Central Bank Rate (CBR) from 12.75% to 12.0%.
The reduction follows the recent decision by the Central Bank of Kenya (CBK) to cut the Central Bank Rate (CBR) from 12.75% to 12.0%.
COMESA Approves Amsons Group’s Bid To Acquire Bamburi Cement
Amsons Group, a Tanzanian conglomerate, made a binding offer in July to acquire up to 100 percent of Bamburi Cement through its Kenyan subsidiary, AMSONS Industries Limited
Amsons Group, a Tanzanian conglomerate, made a binding offer in July to acquire up to 100 percent of Bamburi Cement through its Kenyan subsidiary, AMSONS Industries Limited
Fuel prices remain unchanged in EPRA's latest review for November
The prices of super petrol, diesel, and kerosene have remained unchanged from last month, according to the latest review by the Energy and Petroleum Regulatory Authority (EPRA) announced on Thursday.
The prices of super petrol, diesel, and kerosene have remained unchanged from last month, according to the latest review by the Energy and Petroleum Regulatory Authority (EPRA) announced on Thursday.
Tile And Carpet Centre Announces Redundancies Starting December
The restructuring, which will begin on December 6, 2024.
The restructuring, which will begin on December 6, 2024.
Equity Group Reports 11% Rise In Profit To Ksh.51B For Q3 2024
Kenya's Equity Group Holdings (EQTY.NR) recorded a pretax profit of Ksh.51 billion ($397 million) for the first nine months of 2024, up from Ksh.45.9 billion in the same period the previous year.
Kenya's Equity Group Holdings (EQTY.NR) recorded a pretax profit of Ksh.51 billion ($397 million) for the first nine months of 2024, up from Ksh.45.9 billion in the same period the previous year.
Bitcoin Hits $80,000 For The First Time
Bitcoin soared to a new record high on Sunday, as traders bet that Donald Trump's return to the White House will be good for the cryptocurrency.
Bitcoin soared to a new record high on Sunday, as traders bet that Donald Trump's return to the White House will be good for the cryptocurrency.
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