U.S. to restrict e-cigarette flavors to fight teenage vaping ‘epidemic’

By Reuters,

The U.S. Food and Drug Administration next week will issue a ban on the sale of fruit and candy flavored electronic cigarettes in convenience stores a...

e-Cigarette , United States

Tech, healthcare stocks boost Wall Street after midterm results

By Reuters,

U.S. stocks rose strongly on Wednesday as investors piled into technology and healthcare sectors after midterm elections led to a divided Congress as ...

How Hyundai Motor, once a rising star, lost its shine

By Reuters,

At a near-empty Hyundai Motor showroom in the Chinese mega city of Chongqing, the store manager is grumbling about his shortage of customers and a lac...

BAIC , General Motors , Hyundai Motor , Nissan

Money Game: How top clubs clashed with rules on financial fair play

By Reuters,

One of the most powerful men in soccer, Gianni Infantino, has long championed fairness in the world’s most popular sport. In public, the sports admi...

Financial Fair Play , Gianni Infantino , manchester city , Money Game , PSG , top clubs , UEFA

Coca-Cola’s low-sugar sodas, premium waters drive results

By Reuters,

Coca-Cola Co’s quarterly revenue and profit beat analysts’ estimates on Tuesday, as investments to cater to changing consumer tastes paid off with...

Coca-Cola Co , PepsiCo Inc , Wells Fargo

Anthem predicts better 2019 than Wall Street forecast, shares rise

By Reuters,

Anthem Inc on Wednesday said its own expectations for 2019 earnings are ahead of current Wall Street estimates and the health insurer also raised its ...

Anthem Inc , Chief Executive Officer Gail Boudreaux , Credit Suisse , Wall Street

President Kenyatta puts tax evaders on notice

By PSCU,

President Uhuru Kenyatta has sent a stern warning to tax evaders in the country saying that those found culpable must face the full consequences of th...

KRA , President Uhuru Kenyatta , tax evasion

Uhuru now orders lifestyle audit on KRA officials ‘living large’

By Wangui Ngechu,

President Uhuru Kenyatta has ordered a lifestyle audit on Kenya Revenue Authority (KRA) employees living large but under-reporting income in order to ...

KRA , Uhuru kenyatta

Kenyan ICT firm creates digital marketplace for tech developers

By Patrick Igunza,

A Kenyan Information and Communications Technology (ICT) company has created a digital marketplace to enable tech developers host their applications t...

ATLANCIS Technologies , CEO Daniel Kinyua , Connected Kenya Summit 2018 , Digital marketplace

IBM to acquire software company Red Hat for $34 billion

By Reuters,

IBM Corp said on Sunday it had agreed to acquire U.S. software company Red Hat Inc for $34 billion, including debt, as it seeks to diversify its techn...

IBM , IBM Chief Executive Ginni Rometty , Jim Whitehurst , Red Hat

KenGen declares Ksh.2.6B dividend

By Vincent Maruga,

The Kenya Electricity Generating Company (KenGen) has declared a dividend of Ksh.2.6 billion for the current financial year. This follows a two per...

KenGen Managing Director & CEO , Mrs. Rebecca Miano , Principal Secretary State Department of Energy Eng. Joseph Njoroge

Hamilton heading for another Mexican coronation

By Reuters,

Lewis Hamilton won his fourth Formula One world championship in Mexico last year and it will come as a shock if he does not also wrap up his fifth at ...

Formula One , Lewis Hamilton , Mexican Grand Prix

Canada just legalized recreational marijuana

By CNN,

People in Canada are cheering, enduring long lines and honking their car horns in support as the country's first marijuana dispensaries open their doo...

Canada , marijuana , Medical Marijuana , Uruguay

Safaricom loses 1.6pc users market share

By Reuters,

Safaricom lost 1.6 percent of its telecom subscribers’ market share in the quarter ended June, the industry regulator said. This marks the third ...

Safaricom

BWIRE: Media capture; internal reflection only way out

By Victor Bwire,

Outside the global challenges that are currently facing the media, journalists in Kenya are doing well in terms of quality and timely content to the a...

Media freedom

‘Nairobi owns Ndakaini Dam,’ says Sonko as he dares Wa Iria to disconnect city’s water

By Benjamin Muriuki,

The water wars between Murang'a and Nairobi counties have hit fever pitch after Governor Mike Sonko warned his counterpart Mwangi wa Iria against int...

murang'a county , Mwangi wa Iria , Nairobi , ndakaini dam , water wars

Nairobi motorists ignore call to block roads over fuel prices

By Rachel Ombaka,

A Nairobi motorists protest that was scheduled to start at 7:30am on Wednesday failed to kick off as no vehicles were spotted parked on any of the roa...

fuel prices hike , Matatu fares , motorists association , motorists protest , Simon Kimutai

Tinder dating app co-founders want Ksh.200B compensation from current owners

By CNN,

Co-founders of Tinder and eight other former and current executives of the popular dating app are suing the service's current owners, alleging that th...

Tinder , Tinder founder

Barclays posts Ksh3.8bn six month profit

By Kepha Muiruri,

Barclays Bank Kenya has announced a six percent growth in profits for the first half of the year to Ksh3.8 billion for the period ending June 30 2018....

Absa , banking , barclays , customer deposits , dividend , innovation , shareholders , six month profit

Ethiopian Airlines frontrunner in tender for planned Nigerian airline

By Reuters,

Ethiopian Airlines is the frontrunner to set up and manage a new national carrier for Nigeria, its chief executive said. “We are among a small gr...

Arik Air , Aviation , Ethiopian Airlines , International Air Transport Association , Kenya Airways , Tewolde Gebremariam , transport