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Saccos cautioned on high-risk investments as portfolio nears Sh100bn

Nairobi, Oct. 6 -- The State Department of Co-operatives has cautioned saccos against aggressive expansion into specialised investment schemes such as special funds and offshore placements even as the... Read More


Investment firm takes Sh400m controlling stake in De La Rue Kenya

Nairobi, Oct. 6 -- A Mauritius-based investment firm, Monarch Capital Limited, has bought a Sh400 million controlling stake in De La Rue Kenya EPZ, marking a major shift in ownership of the Ruaraka-ba... Read More


Why leaving work on time is hurting your career

Nairobi, Oct. 6 -- Leaving the office on time may seem like a straightforward part of the workday, but in some workplaces, employees who consistently pack up at the official closing hour risk being se... Read More


CMA okays Dangote refinery Kenya share sale after delay

Nairobi, Oct. 6 -- The Capital Markets Authority (CMA) has finally approved the sale of ongoing Dangote Petroleum Refinery shares via the Nairobi bourse using a special financial instrument. The appr... Read More


Starlink sales freeze enters fourth month in Kenya

Nairobi, Oct. 6 -- New customer sign-ups by satellite Internet firm Starlink remain suspended for the third month in eight counties in Kenya due to capacity constraints, even as its enrolled user base... Read More


Airtel's virtual card to rival M-Pesa GlobalPay

Nairobi, Oct. 6 -- Airtel Money is planning to launch a virtual card in Kenya that will allow customers to make international online payments directly from their mobile money wallets, setting up a new... Read More


Electricity bill savings hit Sh8bn as more firms shift to off-peak operations

Nairobi, Oct. 6 -- Electricity bill savings have hit Sh8billion in five years as more industrial and business consumers shifted production to off-peak hours, lured by a discounted consumer tariff. An... Read More


Proposed tobacco law puts firms, regulators on a collision course

Nairobi, Oct. 6 -- The Anti-Counterfeit Authority (ACA) and the Kenya Revenue Authority are pushing for tighter controls on tobacco trade, drawing a clash with manufacturers who want a review of the p... Read More


CAK approves acquisition of EA Cables in bankruptcy

Nairobi, Oct. 6 -- Cable Experts Limited (CEL) is set to acquire a 68.37 percent stake in East African Cables Plc as part of a plan to revive the troubled cable maker and settle its Sh1.94 billion deb... Read More


AI revolution's breakneck pace tests the future of work in Kenya

Nairobi, Oct. 6 -- Rush rush rush and if you blink, you might miss it. The world is rapidly changing right before our eyes. While the first industrial revolution from 1760 saw a global transition from... Read More