Africa Check, Google.org partner to fight false information using AI

By Citizen Reporter,

Fact-checking organisations Africa Check, Full Fact and Chequeado received a $2million (Ksh. 218,700,000) grant alongside seven Google.org Fellows who...

africa check , ARTIFICIAL INTELIGENCE , misinformation

Gov’t forms team to set sugarcane prices

By Dennis Otieno,

The Ministry of Agriculture has moved a step closer in reviewing cane prices in the country. The government has appointed a nine-member team to ste...

sugarcane

African Airlines Association maps new era for air transport industry in Africa

By Benjamin Muriuki,

The African Airlines Association (AFRAA) concluded its 52nd Annual General Assembly on Friday with a rallying call for airlines to take specific measu...

KRA projects Ksh.283B deficit in annual tax collections

By Kepha Muiruri,

The Kenya Revenue Authority (KRA) has disclosed a Ksh.283 billion hole in expected collections in the financial year ending on June 30. The tax man...

KRA , tax

Treasury raises further Ksh.35B from April’s infrastructure bond sale

By Kepha Muiruri,

The National Treasury has raised a further Ksh.35.4 billion from a tap sale on its April issued infrastructure bond with investors showing an increase...

Treasury

Uchumi creditors vote to save retailer from sudden death

By Kepha Muiruri,

Uchumi creditors have voted to spare the lender from imminent dissolution by backing the firm’s proposed company voluntary agreement (CVA). The p...

liquidation , uchumi

‘We don’t need the IMF telling us what to do,’ says CBK boss

By Kepha Muiruri,

The Central Bank of Kenya (CBK) has downplayed the recent assessment of Kenya’s fiscal management by the International Monetary Fund (IMF) insisting...

Central Bank of Kenya (CBK) , Dr. Patrick Njoroge , IMF

Gov’t SME targeted interventions fail to hit home

By Kepha Muiruri,

The State-initiated interventions targeted at micro, small and medium enterprises (MSMEs) have failed to gain much ground as the sector’s regulatory...

Kenya Private Sector Alliance (KEPSA) , SMEs in Kenya

Kenya bankers welcome Uhuru repeal on interest rate cap

By Paul Ombati,

Kenya Bankers Association chairperson Joshua Oigara has welcomed the repeal of the interest rate cap which President Uhuru Kenyatta assented to His...

bankers association , oigara

MPs leave Kenyans at the mercy of banks as rate caps fall

By Kepha Muiruri,

Members of Parliament (MPs) have left Kenyans at the mercy of banks on the rate charged on new loans as the interest rate caps fall. In a chaotic v...

Facebook will ban ads that tell people in U.S. not to vote

By Reuters,

Facebook Inc will ban ads that discourage people from voting ahead of the 2020 U.S. presidential election, according to its second annual Civil Rights...

facebook , US Elections

What Jeff and MacKenzie Bezos’ divorce could mean for Amazon

By CNN,

Shortly after they were married, MacKenzie Bezos drove her husband, Jeff, across the country from New York to Seattle while he typed out a business ...

Amazon , Blue Origin , Jeff Bezos , MacKenzie Bezos

Nissan chairman’s stunning fall from top of auto industry

By Citizen Reporter,

A week ago, Carlos Ghosn was sitting atop one of the world's most powerful auto empires as Nissan Chairman. Now, he's sitting in a Tokyo jail cell. ...

Carlos Ghosn , nissan chairman

Company lets workers vote on pay raises and hiring

By CNN,

It's nerve-wracking enough to ask your boss for a raise. But what if you had to take your request to coworkers instead? When it comes to pay raises...

CEO Chris Harvey , Squaremouth

Uber board trims power of former chief Kalanick

By AFP,

Uber's board of directors Tuesday approved a plan that reins in the influence of ousted chief executive Travis Kalanick and opens the door to a coloss...

Benchmark Capital , corporate governance , hailing company , JAPAN , shareholder changes , SoftBank , taxi , Travis Kalanick , uber

Uber earning engine purrs despite bumpy road

By AFP,

Uber's financial engine appeared to be purring despite its image being dented so badly its chief was pressured to resign. Earnings figures first re...

board room shake up , earnings , ride sharing , San Francisco , taxi , transport , Travis Kalanick , uber , Wall Street Journal

Snapchat parent Snap to raise up to $3 bn in IPO

By AFP,

The parent of the fast-growing social network Snapchat filed public documents for a share offering Thursday, seeking to raise up to $3 billion in a ke...

Alibaba , business , facebook , ipo , listing , New York Stock Exchange , shareholders , Snap Inc , Snapchat , Snapchatters , social media , Sony , tech , Wall Street

Dollar, Mexican peso, stocks tumble as Trump opens path to White House

By Reuters,

The U.S. dollar sank and stocks plummeted as mayhem came to world markets on Wednesday as investors faced the possibility of a shock win by Republican...

brexit , Creflo Dollar , Donald Trump , Fox News , global economic and trade turmoil , hillary clinton , Investors fear a Trump victory , market uncertainity , peso , Republican Donald Trump , Trump , US Elections , Whitehouse

Eddy Njoroge loses ISO presidency vote

By Sophie Kinoti,

Eddy Njoroge has lost his bid to become the first African president of the International Standards Organization (ISO), losing out to Canadian John Wal...

ARSO , Eddy Njoroge , ISO President , John Walter , KEBS , nse

Brexit will have little effect on Kenya, State House assures

By Lisa Kamau,

Kenya will suffer few immediate consequences of the United Kingdom’s (UK) exit from the European Union, State House has said. Speaking during a p...

brexit , Kenya economy