Search Results
Filter By:
-
Kenya’s digital taxi drivers seek worker benefits after landmark U.K. ruling
By Kepha Muiruri,
1513, February 22, 2021 (EAT)
Digital taxi drivers in Kenya are seeking worker benefits following a landmark ruling relating to the treatment of the drivers by companies in the U.K...
-
Bharti Airtel to exit Ghana, government in talks for shares takeover
By Reuters,
1055, October 29, 2020 (EAT)
Ghana and telecoms operators Airtel and Tigo are in advanced stages of discussions for the transfer of AirtelTigo shares to the government of Ghana, t...
-
Huawei CFO raises new argument to fight U.S. extradition in Canada court
By Reuters,
1158, June 19, 2020 (EAT)
Huawei Chief Financial Officer Meng Wanzhou is raising a new argument in a Canadian court in a bid to fight extradition to the United States on bank f...
-
Coronavirus: Ksh.119.6B wiped out at NSE as markets tumble
By Kepha Muiruri,
1801, March 13, 2020 (EAT)
Investors at the Nairobi Securities Exchange (NSE) lost Ksh.119.6 billion in value as the domestic markets tumbled on the back of Kenya’s first conf...
-
BAT full year profit thins to Ksh.3.9 billion on higher costs
By Kepha Muiruri,
945, February 20, 2020 (EAT)
Tobacco manufacturer British American Tobacco (BAT) Kenya has announced a Ksh.3.9 billion full year profit for 2019 representing a 4.9 per cent dip ...
-
Barclays Bank among banks facing UK class action over forex-rigging
By Reuters,
856, July 30, 2019 (EAT)
Barclays (BARC.L), JP Morgan (JPM.N), RBS (RBS.L), UBS and Citigroup (C.N) are being sued by investors over allegations they rigged the global foreign...
-
Consumer Federation seeks recourse on rate-cap ruling
By Kepha Muiruri,
1010, March 19, 2019 (EAT)
The Consumer Federation of Kenya (COFEK) has filed an application in court, objecting last week’s High Court directive to scrap off holds on interes...
-
Karuturi loses court immunity in liquidation row
By Kepha Muiruri,
1151, January 26, 2019 (EAT)
Flower farm Karuturi Limited lost its battle to have the Supreme Court put up an injunction to stop Stanbic Bank Plc from attaching itself to company ...
-
After tragedies and big losses, Hyundai looks to reverse North Korea fortunes
By Reuters,
2119, November 1, 2018 (EAT)
For Hyundai, the South Korean conglomerate, North Korea has been a story of lost opportunities – and tragedy. In 2003, months before Hyundai was ...
-
De La Rue to invest Ksh.286M in Kenya after ruling on tender row
By Vincent Maruga,
1311, October 13, 2018 (EAT)
De La Rue is set to invest Ksh.286 million (US$2.9 million) in the expansion of their site in Kenya to strengthen and underpin local operations. Th...
-
Private sector activity picks up in April
By Reuters,
1622, May 4, 2018 (EAT)
Kenya's private sector activity jumped in April, continuing its recovery after months of slowdown last year due to a prolonged and volatile election p...
-
Economy seen rebounding after election slowdown
By Reuters,
1719, April 26, 2018 (EAT)
The economy is expected to rebound to 5.8 percent growth in 2018 after electoral uncertainty and drought cut last year's expansion to the lowest level...
-
New car sales plunged a fifth in 2017
By Reuters,
1435, January 31, 2018 (EAT)
New car sales in Kenya dropped 20.78 percent last year, hit by a sluggish economy, a prolonged presidential election and an interest rate cap, the umb...
-
Treasury to cut spending to lower debt uptake
By Reuters,
1027, January 23, 2018 (EAT)
Kenya plans to cut spending to lower its budget deficit to internationally acceptable levels in the next five years, the Treasury said in a budget doc...
-
Govt secures Sh77.2bn syndicated loan to pay off earlier loan
By Reuters,
1122, January 16, 2018 (EAT)
Kenya has secured a $750 million (Sh77.2 billion) syndicated loan for seven years from the Trade Development Bank (TDB) to pay off creditors in anothe...
-
World Bank cuts Kenya’s 2017 economic growth estimate to 4.9pc
By Reuters,
1138, December 7, 2017 (EAT)
The World Bank has cut its 2017 growth estimate for Kenya's economy to 4.9 percent, which would be the slowest annual expansion in five years, due to ...
-
Economic growth to rebound in 2018, CS Rotich
By Reuters,
1813, November 7, 2017 (EAT)
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, ...
-
Markets calm after presidential poll conclusion
By Citizen,
1851, October 31, 2017 (EAT)
The markets remained calm on Tuesday following the conclusion of the repeat presidential election. At the Nairobi Securities Exchange (NSE), the be...
-
Shilling falls to lowest since mid-August on election jitters
By Reuters,
1534, October 23, 2017 (EAT)
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...
-
CBK upbeat on economic stability
By Reuters,
1235, October 19, 2017 (EAT)
Political uncertainty is high in Kenya following the annulment of the August presidential elections, the country's central bank governor said on Wedne...
Loading. Please wait...
Latest Stories
-
news
Kenya records 1,041 new COVID-19 cases, 19 deaths
-
sports
Smalling robbed by armed burglars in Rome
-
sports
Diamond League season opener moved to Gateshead
-
news
‘It means nothing to me if I don’t get the job!’ Philip Murgor tells CJ interview panel
-
sports
Coach Gitau eyeing history with Kenya Pipeline
