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Nobel laureate urges more action on debt for African growth to rebound
By Citizen Reporter,
1251, March 14, 2021 (EAT)
Nobel laureate Joseph E. Stiglitz has called for a comprehensive global plan to help countries cope with mounting debt that has been compounded by the...
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Is online trading a safe way to invest in markets?
By Citizen Reporter,
1556, February 11, 2021 (EAT)
COVID-19 has definitely disrupted several economies resulting in catastrophic losses but if one were to look at the financial markets' conditions, it ...
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Understanding factors that cause stock prices to fluctuate
By Benjamin Muriuki,
1205, February 10, 2021 (EAT)
Stock prices increase and decrease in value frequently, fluctuating sometimes by shocking amounts and in short periods of time. New traders or investo...
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Hundreds of KQ staff set to be fired as carrier right sizes operations
By Kepha Muiruri,
1740, July 4, 2020 (EAT)
Hundreds of Kenya Airways (KQ) employees are expected to lose their jobs as the firm commences a right sizing exercise as the company deals with the f...
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Oil falls below Ksh.4,583 a barrel on virus fears, still heads for weekly gain
By Reuters,
1721, July 3, 2020 (EAT)
Oil fell below $43 ( Ksh.4,583) a barrel on Friday as a resurgence of coronavirus cases raised concern that fuel demand growth could stall, although c...
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Oil crashes below Ksh.2000 as demand destruction intensifies
By CNN,
931, March 31, 2020 (EAT)
The great oil crash of 2020 ain't over yet. US crude plunged 6% and dipped below $20 (Ksh.2,098) a barrel Monday as the coronavirus pandemic contin...
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KCB takes over management of Mumias Sugar
By Kepha Muiruri,
2125, September 24, 2019 (EAT)
KCB Group has placed the Mumias Sugar Company under receivership following the execution of a lenders agreement deed dating back to September of 2010....
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Government releases maize to plug grain shortage
By Zeddy Sambu,
1437, May 16, 2019 (EAT)
The Government has released two million bags of maize to millers to plug the grain shortage that has seen the price of flour rise 30 percent in one mo...
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Botswana’s Choppies to treble shops in Kenya in next 3 years
By Reuters,
1634, October 31, 2017 (EAT)
Botswana's Choppies plans to treble its stores in Kenya over the next three years, the retailer's chief executive told Reuters on Tuesday. "We are ...
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Nissan suspected of forging inspection documents: reports
By AFP,
901, October 4, 2017 (EAT)
Nissan factories routinely forged inspection documents for new vehicles, reports said Wednesday, as a scandal mounted around Japan's second-biggest ca...
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Toys “R” Us files for bankruptcy
By AFP,
1214, September 19, 2017 (EAT)
Retailer Toys "R" Us has filed for Chapter 11 bankruptcy protection in a US court, the company said, amid heavy debt and a tough environment for brick...
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Twitter disappoints investors as user growth hits wall
By Agencies,
1004, February 11, 2016 (EAT)
Twitter Inc reported its first quarter with no growth in users since it went public, stoking fresh concerns on how long it will take for the company...
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Congo domestic airline ends flights
By Agencies,
1014, September 6, 2015 (EAT)
One of several small domestic airlines in Democratic Republic of Congo shut down its operations on Friday, blaming poor operating conditions and the g...
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Top German court rejects Apple “slide to unlock” patent appeal
By Agencies,
933, August 26, 2015 (EAT)
Apple Inc patents covering the "slide to unlock" feature on smartphones are invalid, Germany's highest appeals court ruled on Tuesday, reaffirming a 2...
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Euro zone summit aims to keep Greece in single currency
By Lisa Kamau,
1457, July 12, 2015 (EAT)
Euro zone leaders will fight to the finish to keep near-bankrupt Greece in the euro zone on Sunday after the European Union's chairman canceled a plan...
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