Kenyatta Family: In the 30 days to mid March 2020, stocks listed on the Nairobi Securities Exchange were pn a free fall. Consequently, prominent local investors emerged as the biggest losers, with their paper losses plunging from a few...
Cost of smartphones: The COVID-19 pandemic has reinforced how important connectivity is in the modern world.
As it has become more challenging to communicate directly, the use of ICT has become even more critical for the dissemination of information by...
The Kenyan economy spiraled into a whirlwind when the first case of the coronavirus disease (Covid-19) was confirmed. This case was confirmed positive by the National Influenza Centre laboratory at the National Public Health Laboratories of the Ministry of Health on March 12. It involved a...
A Nairobi court froze accounts in a microfinance institution that is owned by Mathira MP Rigathi Gachagua. This follows a successful application by the Assets Recovery Agency (ARA). According to a report that appeared in The Standard newspaper on...
Equity Quarter One 2020: Equity Bank has posted a Sh. 900 million decline in quarter one profit. The bank realized Sh. 5.2 billion in net profits in the first three months this year compared to the Sh. 6.1 billion...
The Fairmont Norfolk hotel has shut down indefinitely. The hotel which is based in Nairobi has also fired all employees. The management of the hotel has attributed the two radical measures to the impact of the ongoing coronavirus pandemic.
The...
Buying a New Car in Kenya: Buying a new car is an exciting experience. You visit both offline and online car dealerships in a bid to compare prices and possibly, find something you like. There is a debate as...
Equity Bank Dividend: Equity Bank has cancelled its Sh. 9.4 billion dividend payout to shareholders. This decision comes in the wake of fears over cash liquidity due to the impact of the coronavirus pandemic.
The bank had proposed to pay...
World’s Biggest Waterfall: China has created the world’s biggest man-made waterfall by electrically pumping water down the side of a skyscraper.
The artificial water feature is 108 metres (350ft) high and cascades down into a tank at the bottom of...
Co-op Bank Loan Moratorium: The Co-operative Bank has restructured loans worth Sh. 15 billion in a bid to help customers cope with the effects of the coronavirus pandemic has that has left global economies on their knees.
According to the...
