Home » world business » Page 54

world business

GDC targets private firm to build 10MW power plants

GDC said that the independent power producer (IPP) will utilise the geothermal wellhead power...

Walkie-talkie app posts record downloads in Kenya during GenZ protests

A spot check shows that the app has registered over 100 million downloads on Google Play Store.

CBK fines 12 banks for breach of lending, investment rules

Report shows nine banks breached the single obligor rule in the Banking Act while three were in...

All public servants hit as SRC widens pay rise freeze

Move informed by financial struggles facing Exchequer in light of growing debt repayment...

Ethiopia tops Kenya’s foreign assets on Safaricom entry

Safaricom is aggressively investing billions of shillings in its start-up operation in Ethiopia.

Supermarkets, warehouses beat homes in rental returns

Retail and industrial developers enjoyed yields of 9.5 percent in the first half of this year...

Startup’s lactation pods keep working mothers on jobsite

During the 2020 Covid-19 lockdown, Mutua stumbled upon some information that he was determined...

Game of business: Why unconventional strategies always win

Playing the game of business, applying only logic and rationality, is like playing golf with...

DPP drops Sh520m loan fraud charges against Nyama Mama directors

The Shanghavis were charged in 2021 with obtaining a loan of Sh520 million from Victoria...

Treasury bills in domestic debt hit historic low

CBK data shows the stock of T-bills fell to Sh616 billion at the end of June 2024.

Credit access: How to de-risk small businesses to create much- needed employment for Gen Zs

The government's Bottom-Up Economic Transformation Agenda positions MSMEs as one of the pivotal...

Major currency movements in 2024

In Kenya, forex traders have shown a particular interest in currency pairs that reflect both...