Business & Economy
Court of Appeal ruled that there was no evidence to show that Guardian Bank was obligated to pay for Guilders’ purchase. [File, Standard] The Court of Appeal has handed businessman Maganlal Motichand Chandaria’s family a major reprieve after reducing a…
Business conditions began to recover across the Kenyan private sector for the first time since April in September. Uncover the stories others won’t tell. Subscribe now for exclusive access Unlock the Truth Now 》 Unlimited access to all premium…
Uncertainty as Rivatex fires 3000 employees
By the time services of nearly 3,000 workers at the loss-making Rivatex East Africa were terminated…
The new itel SUPER 26 Ultra series. [Sofia Ali, Standard] Chinese firm itel Mobile has unveiled…
Kenya Re extends MD's suspension
Suspended Kenya Reinsurance Corporation Group MD Dr Hillary Wachinga. [File, Standard] Kenya Reinsurance Corporation has announced…
African Union Commissioner for Infrastructure and Energy, Lerato Mataboge, (in headscarf) addresses the Africa Coordination Meeting at the 42nd International Civil Aviation Organization (ICAO) Assembly in Montreal. [Courtesy, AU] Africa secured its strongest-ever voice at the top of global…
KRA Commissioner General Humphrey Wattanga. [File, Standard] The Kenya Revenue Authority missed its tax collection target by Sh20.1 billion in July alone, the National Treasury…
Business Weekly Round Up
The coffee auction at the Nairobi Coffee Exchange (NCE) recorded a 5% increase in prices, the second time in a row since the auction…
A pump attendant fueling a car at a petrol station along koinange street.[Wilberforce Okwiri,Standard] The Energy and Petroleum Regulatory Authority (Epra) has decreased fuel prices in…
American multinational hospitality company Hyatt Hotels & Resorts has announced that it expects around 50% rooms growth across new and existing markets in Africa by the…
Employees sorting and grading dried ginger at the Horizon Group Africa plant in Kaduna. [Courtesy] Kenyan farmers and entrepreneurs could soon benefit from a…