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Business highlights-July 21 2017 Your days are numbered, CBK warns rogue banks

Your days are numbered, CBK warns rogue banks The Central Bank of Kenya (CBK) is seeking to put in place stiffer monetary penalties for errant lenders and credit reference bureaus

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Business highlights-July 21 2017 KRA narrowly misses Ksh 1.4 trillion revenue target

KRA narrowly misses Ksh 1.4 trillion revenue target The Kenya Revenue Authority (KRA) recorded Ksh1.365 trillion as revenue for the fiscal year ended June 2017, narrowly missing the Ksh1.4 trillion

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Business highlights July 20 2017 Marketing, PR among highest paid professions in Kenya

Japan, AfDB sign deal to boost Kenya’s energy sector: Japan and the African Development Bank (AfDB) have signed a pact that will see the energy sector in Kenya get a

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Business highlights July 18 2017

Two top city hotels closed amid cholera crisis Health Cabinet Secretary Dr Cleopa Mailu on Wednesday announced the closure of two top hotels in Nairobi, following a cholera outbreak in

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Fusion Capital launches report to boost investment in a sub-Saharan Africa

Fusion Capital, a private equity firm focused on real estate investment and fund management based in East Africa, has announced the launch of a sub-Saharan Africa report named Fusion African

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Excess vehicle supply leads to drop in car prices

 A growing demand for new cars was outstripped by excess supply as a 31.35 per cent increase in vehicles led to a drop in prices in May 2017. According to

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Business highlights-July 19 2017 Motorists, hawkers celebrate as city workers down tools

Motorists, hawkers celebrate as city workers down tools Vehicle owners were on Tuesday treated to free parking in the city while street vendors enjoyed the freedom to display their merchandise all over

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Business highlights July 18 2017

JKUAT, ICEA in Ksh296 million legal tussle ICEA Lion Life Assurance Company has sued the Jomo Kenyatta University of Agriculture and Technology (JKUAT) over the alleged breach of an agreement

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SportPesa branches into Italian market following 75 per cent acquisition of RCS Gaming

  SportPesa, the country’s leading gaming firm, has acquired a 75 per cent stake in RCS Gaming, a licensed gaming operator, thereby marking its entry into the Italian market. The

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Visa partners with local banks to offer free domestic cash transactions

  Consumers can now make free domestic mobile money transfers using mVisa, a QR code digital payment service aimed at boosting mobile sales in Kenya and around Africa. Visa held