Business news
Court orders Facebook’s partner Sama to continue paying moderators
Judge Byram Ongaya has directed the firm to pay the moderators at their current terms and...
Ethiopia grants Safaricom M-Pesa licence
The telco expects to roll out the mobile money services before the end of the year.
Safaricom posts third profit fall to Sh52.5 billion
Profitability stood at Sh52.48 billion, down from Sh67.49 billion posted in the previous period.
Ngumi gets court orders blocking his arrest over Sh6bn Telkom sale
The High Court has barred the anti-graft body from arresting or detaining investment banker...
Another big crypto exchange goes bankrupt after FTX
Cryptocurrency exchange Bittrex Inc filed for bankruptcy protection on Monday, three weeks...
Family Bank eyes Sh13bn to fund new acquisitions
Family Bank is eying up to $100 million (Sh13.7 billion) through private placement to fund...
Comparative advertising: When ex-staff steal clients by defaming you
I have a tour company that targets tourists from Europe.
Banks sue to fight 15 percent tax on hedging deals
Commercial banks have moved to court to stop regulations requiring them to pay a 15 percent...
President Ruto to spend Sh100bn on new trains, SGR revamp
President William Ruto’s administration plans to hit Sh100 billion to revamp the...
Uber rolls out flight bookings in travel ‘super app’ plan
The firm has entered into a partnership with travel agency Hopper to provide international and...
Safarilink cancels Kitale route citing bad business
Domestic carrier Safarilink will stop operations on the Nairobi-Kitale route next month.
StanChart sets 6.58 percent rate on its mobile lending
Standard Chartered Bank Kenya has set an interest rate of 6.58 percent for short-term loans...
