Ethiopia, whose economy recently overtook Kenya’s, is now the fastest-growing economy in sub-Saharan Africa, according to a new World Bank report.
This means Ethiopia’s economy will further stretch its lead on Kenya’s even as the latter grapples with economic headwinds,...
Tuskys Supermarket has confirmed that it is planning to takeover troubled retailer Nakumatt. Subequently, Tuskys has written has written to the competition watchdog.
Nakumatt is currently facing imminent collapse following a ballooning debt that runs into billions of money.
Dan Githua, Tuskys’...
BY WINNIE ATIENO / BUSINESS DAILY
At 17, Kenneth Opondo was serving a six- month sentence at Kodiaga Prison in Kisumu. This is after he was caught circulating fake money at an M-Pesa outlet where he was employed. He was...
Engineers in Morocco are preparing to test Africa’s first high-speed railway this week with trains reaching 320 kilometers (200 miles) per hour, the country’s rail office said Monday.
One train reached 275 kph (170 mph) on Monday along a stretch...
Troubles keep piling on once glorified retailer Nakumatt Supermarket.
The retailer has now shut down two more branches. It closed down its Bamburi branch in Mombasa and the Lunga Lunga outlet in Nairobi’s Industrial Area.
The branches are the latest in a...
Opposition leader Raila Odinga has said that Kenyans who supported his presidential campaign through the NASA pay bill number will not get any refund following his decision to withdraw from the presidential repeat vote.
Mr. Odinga, who was speaking on...
Today, at least 135 vehicles bought recently through bank loans, and whose owners have been unable to repay the debt, will start their journey to new owners.
Advertisements from two banks in local dailies last week asked Kenyans to send...
An entrepreneur from Ireland has been named the youngest self-made billionaire in the world. John Collison who is the co-founder and President of Stripe, the company that lets businesses and individuals easily accept payments over the internet is just 26-year-old, two...
A local airline has announced plans to launch direct Kisumu-Mombasa flights.
Silverstone Airlines announced that the direct flights will take place from November.
The airline Tuesday launched commercial flights from Nairobi to Kisumu and Ukunda, having previously operated as a charter-only...
NASA leader Raila Odinga has withdrawn from the October 26 presidential election.
The NASA leader announced this move on Tuesday afternoon at the Okoa Kenya offices in Nairobi.
Mr. Odinga had announced that he would not take part in the upcoming...
The Australian government, through the Australian Awards Scholarships, has opened applications for fully-funded learning opportunities for eligible learners in...
