Business
News on Business, Economy, Finance and more…
-
1,100 bobs at risk as Tata Chemicals Magadi shutdown bites
The Tata Chemicals Magadi Limited (TCML) has warned that more than 1,100 livelihoods are in jeopardy following the suspension of…
Read More » -
Cabinet approves Sh23.74billion payment to suppliers in pending bills settlement drive
The cabinet has approved the settlement of verified government pending bills worth Sh23.74 billion owed to suppliers and contractors with…
Read More » -
US report links Kenyan officials to ‘mercenary’ recruitment of 1,000 men for Russia war
A newly released United States report has implicated Kenyan government officials in the alleged fraudulent recruitment of more than 1,000…
Read More » -
Schools face legal action over unapproved textbooks
Schools risk legal action for using unapproved textbooks and learning materials, with the Kenya Institute of Curriculum Development (KICD) warning…
Read More » -
Juba copies Ruto in foreign traders’ crackdown
South Sudan has followed Kenya’s lead in cracking down on foreign nationals operating small-scale businesses, with authorities in Juba ordering…
Read More » -
CA unveils new safeguards before SIM cards are deactivated
In a new raft of measures seeking to protect subscribers’ data and assigned phone numbers, the telecommunications companies will be…
Read More » -
Safaricom, GulfCap target Sh100 investors with Shari’ah fund
Safaricom PLC and GulfCap Investment Bank (GCIB) have opened a new front in Kenya’s retail investment market with the launch…
Read More » -
Coast land war: Ruto warning raises fears of fresh invasions
President William Ruto’s renewed intervention in the Coast land question has opened a new front in a decades-old ownership dispute…
Read More » -
High Court deals Sh1.8billion KPLC’s security tender a blow, upholds cancellation
The High Court in Nairobi has upheld the cancellation of a multi-million-shilling Kenya Power and Lighting Company (KPLC) security services…
Read More » -
Energy CS Wandayi appoints new chiefs at KETRACO, GDC and EPRA
Energy and Petroleum Cabinet Secretary Opiyo Wandayi has approved the appointment of new chief executives to three key institutions in…
Read More »