In March 2007, Safaricom launched a mobile-based money transfer service that would transform how Kenyans send and receive money as well as pay for bills. Between March 31 and April 16 2007, the newly launched service had 19,671 users...
A man has been charged in court for allegedly hacking KRA systems in an effort that resulted in a loss of Sh. 4 billion for the taxman.
The 28-year-old identified as Alex Mutungi Mutuku is charged is accused of fraudulently causing...
Diamond Trust Bank is set to acquire small lender Habib Bank for Sh. 1.8 billion.
The acquisition will be done through a share swap, with Habib investors getting additional shares in DTB. Habib investors, who already own 11.97 per cent of...
For the second year running, France’s Liliane Bettencourt is the world’s wealthiest woman with a $39.5 billion net worth. The cosmetics heiress’ fortune is $3.4 billion more than a year ago, but that was only good enough to secure...
The National Treasury is set to launch the historic mobile-based bond trading platform, M-Akiba on Thursday. The platform, which will open an avenue for small traders to start trading in bonds will be launched and operated on a pilot...
Mango farmers in Kenya can now export their produce to China following a trade pact between the Kenya National Chamber of Commerce and Industry (KNCCI) and the Kenya Chinese Chamber of Commerce (KCCC).
“We want to uplift the livelihood of...
Microsoft founder Bill Gates again tops Forbes' list of the world's richest people, in a year when the number of billionaires rose 13% to 2,043.
According to the magazine's annual rich list, Mr Gates' fortune rose to $86 billion, from...
This 11-year-old girl is probably more successful than you. Hopes, dreams and hard work which started at a lemonade stand have propelled Mikaila Ulmer to incredible success.
She has landed a multi-million dollar deal with Whole Foods to sell her 'Bee...
Dairy farmers who deliver milk at the Brookside Nyahururu plant have seen their eaarnings increase by 12 per cent.
This is after Brookside paid out Sh. 83 million to the farmers from Sh. 73 million paid out a year earlier.
Speaking...
The performance and fuel efficiency established by today's modern cars is possible thanks in large part to the variable valve timing system. When a car, truck or SUV is driving in normal driving conditions, the VVT is not active....
