Business

Business

Business Development News

At least 1.4 million Kenyans who make up the country’s labour force are unemployed, the 2015/16 Kenya Integrated Household Budget Survey shows. At the time of the survey, ...
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Business News

Madaraka Express passenger service economy class fares will now cost  Sh1,000 from the initial Sh700. Kenya Railways managing director Atanas Maina on Thursday said that the revised rates ...
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Business Development News

The cost of electricity could reduce if it continues raining and the water levels at Masinga Dam increase, Energy PS Joseph Njoroge has announced. Masinga, which is usually ...
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Business Development News

US-based tech firms Facebook and Uber have requested permission from Kenya’s aviation regulator to test drone activities locally following legalisation of the Unmanned Aerial Vehicles (UAVs). The Kenya ...
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Business News

City Hall has not made any efforts to settle a debt of Sh3.7 billion owed to Kenya Commercial Bank. The bank’s CEO Joshua Oigara told the county Public Accounts ...
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Business News

In the latest review, the MPC cut the base lending rate by 50 basis points to 9.5 percent down from 10 percent. This will now see the maximum ...
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Business Development News

Members of Parliament have approved an increase of the allocation to counties for the next financial year by approximately Sh46 billion, setting the amount at Sh372.7 billion in ...
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Business News

Central Bank has authorised Telkom Kenya’s new T-Kash mobile money service. CBK Governor Patrick Njoroge noted on Thursday that Telkom’s entry means more choices for Kenyans. “[It will] ...
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Business Development News

Coined as Taxify Boda, the new motorbike hailing service will draw riders from the existing pool of independent bodaboda operators in the country before taking them through a ...
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Business News

The Energy Regulatory Commission has announced a 46 cents drop in the price of super petrol which will now retail at Sh107.46 in Nairobi. In the latest price ...
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