When China and other huge nations dispatch digital currencies, will it commence worldwide chaos?

By Agencies,

Probably the most sweltering subject in cryptographic forms of money is the possibility of significant economies dispatching state-sponsored computeri...

Tuskys faces three more auctions

By Kepha Muiruri,

Under fire retailer Tuskys is now facing three new auctions as disgruntled landlords seek to dispose its properties to recover outstanding rent arrear...

Tuskys

Cash-strapped Posta Kenya moves to raise cost of sending mail

By Kepha Muiruri,

The cash-strapped Postal Corporation of Kenya (Posta) has applied to raise the cost of sending mail as it seeks to stay afloat. Also Read: What Pos...

Posta Kenya

Mitumba traders finally get green light as gov’t issues new importation protocols

By Kepha Muiruri,

The government has cleared the mitumba import blockade through the publishing of new protocols allowing traders to make new orders for the used textil...

KEBS , Ministry of Trade , Mitumba , Mitumba Association of Kenya

Pensioners spared from tax as Kenyans are handed cheaper Unga

By Kepha Muiruri,

The National Assembly Finance and National Planning Committee has thrown out proposals that would have seen monthly pension payment attract tax paymen...

2020 Finance Bill , Finance and National Planning Committee , NSSF

Coronavirus: Tens of thousands of airline jobs are at risk as travel plunges

By CNN,

Airline passenger traffic is plunging around the world because of coronavirus. That means tens of thousands of airline workers will probably soon b...

coronavirus

RIP China Colonisation: Traders in weekly protests over orders to use SGR

By Paul Ombati,

Business traders who import goods have decried being forced to use the Standard Gauge Railway to transport their goods. According to them, the SGR ...

SGR

IMF disburses Ksh.25B loan tranche to Tunisia

By Reuters,

The International Monetary Fund (IMF) has approved the payment of a $247million (Ksh25billion) loan tranche to Tunisia. This is the sixth under its...

Tunisia IMF loan

Africans fear new trend of hiking taxes on calls, data

By Reuters,

The brisk business Julius Kirya did from his cash transfer kiosk in the Ugandan capital has slowed right down with a new tax on mobile money. Many ...

mobile money , Safaricom , uganda social media tax

Oil operations to resume next week

By Sophie Kinoti,

The government will resume trucking crude oil from Turkana to Mombasa next week, two months after the project stalled due to disputes with the local c...

community dispute , John Munyes , Martin Mbogo , Ministry of Petroleum , Mombasa , MOU , road , transport , trucking , Tullow Oil , turkana

Tullow halts Kenya oil fields due to security issues

By Reuters,

Tullow Oil has stopped work at its Kenyan oilfield and halted trucking operations due to security issues, Chief Executive Paul McDade told Reuters on ...

Community , insecurity , MOU , Oil , Paul McDade , trucking , Tullow

Tullow mulls halting Kenya operations over protests

By Reuters,

Britain’s Tullow Oil said on Tuesday that it may be forced to shut down operations at its northern Kenyan oilfields after the local community stoppe...

early oil pilot scheme , hostilities , Martin Mbogo , oil production , protests , trucking , Tullow , turkana

Uber bullish on Africa despite opposition from local taxi firms

By Reuters,

Ride-hailing service Uber Technologies Inc. is growing rapidly in sub-Saharan Africa and considering moves into more markets, despite sometimes violen...

challenges , Drivers , Justin Spratt , resistance , taxi , transport , uber

Economic growth to rebound in 2018, CS Rotich

By Reuters,

Kenya's economy should rebound in 2018 after a slowdown this year that was caused by drought and political turmoil during a prolonged election cycle, ...

commercial banks , credit , economy , growth projections , Henry Rotich , National Treasury , Politics

Economy to fare better after elections than post-2007 vote

By Reuters,

Kenya's economy has weathered the election storm better than it did a decade ago, a Reuters poll of economists suggested, and they expect investment t...

agriculture , Drought , economic boycott , economy , elections , IEBC , NASA , post election violence , raila odinga , tourism , Uhuru kenyatta

Shilling falls to lowest since mid-August on election jitters

By Reuters,

The Kenyan shilling dropped to 103.75/85 per dollar on Monday, its lowest level since mid-August, mainly due to concerns about potential violence duri...

currency , elections , market volatility , Opposition , Politics , raila odinga , shilling , Uhuru kenyatta

ICPAK projects job cuts amid political uncertainty

By Citizen,

Fresh job cuts in the private sector looms as continued heightened political activities continue to disrupt business operations. According to the I...

Accountants , business decisions , economy , ICPAK , IEBC , job cuts , KRA , NASA , National Treasury , political activity , raila odinga , Rose Mwaura , slow growth

Stock market hits 14-month high after Kenyatta victory

By Reuters,

Kenya's main stock index rose 2.51 percent on Monday to a 14-month high, building on gains last week as investors welcomed the re-election of Presiden...

boycott , elections , nse , Politics , raila odinga , social democrat , stock market , Uhuru kenyatta

Nakumatt staff strike over unpaid salaries

By Citizen Team,

Operations at regional retailer Nakumatt were on Tuesday morning thrown into disarray after a section of workers downed their tools demanding payment ...

Atul Shah , Department of Trade , nakumatt , retail , strike , unpaid salaries

Embattled Uber CEO Kalanick steps down

By AFP,

Uber chief executive Travis Kalanick has stepped down from his job after a shareholder revolt made it untenable for him to stay, the New York Times re...

ride sharing , shareholder revolt , taxi hailing , Travis Kalanick , uber