Pharmaceutical giant Glaxosmithkline (GSK) has joined a list of multinationals exiting the Kenyan market.
The company has been running business in Kenya for nearly 60 years. The exit comes barely four months after Glaxosmithkline exited the Nigerian market.
Following the exit,...
National carrier Kenya Airways is facing flight cancellations and flight delays because of a shortage of cabin crew. This has been revealed by a report that appeared in a local daily.
The report, which appeared in the Daily Nation, quoted...
Former National Treasury Cabinet Secretary Henry Rotich has been acquitted in the Sh. 63 billion Arror and Kimwarer dams scandal charges.
Mr. Rotich was acquitted with eight others after Justice Esther Nyutu rules that they had no case to answer....
The government is considering introducing planned power outages that are popularly known as load shedding in South Africa.
This has been revealed by Energy Cabinet Secretary Davis Chirchir. According to Chirchir, the scheduled power outages will help tame nationwide power...
The mess at the Kenya's most prominent airport, Jomo Kenyatta International Airport (JKIA) does not appear to be ending soon.
On Sunday, December 10, the JKIA suffered yet another shameful blackout. The blackout came as the Kenya Power subjected the...
Kenya Airways has announced that customers might experience flight disruptions in the coming weeks.
The national carrier has attributed this to what it has termed as lack of spare parts in the global supply chain.
"Our current flight schedule may experience...
Central Bank of Kenya Governor Kamau Thugge has gone on a rant against former CBK Governor Patrick Njoroge accusing over Kenya's weak shilling.
Thugge has alleged that Njoroge used USD2.8 billion to artificially maintain the Kenya shilling between year 2020...
The Central Bank of Kenya (CBK) loan rate has hit a record high sparking fears of mass loan defaults.
On Tuesday, the Monetary Policy Committee of the CBK hiked the central bank rate by a whopping 200 basis points to...
The multi-billion losses that Kenya Power has been incurring have been blamed on the USD currency rates given by the Central Bank of Kenya.
Apparently, the CBK currency rates that Kenya Power has been using are not what is available...
The Kenya Union of Journalists (KUJ) has claimed that journalists and correspondents working for the Standard Media Group, Radio Africa and MediaMax are going months without receiving monthly salaries.
"We have received distress calls from three media houses mainly, The...
