James Oundo

Microsoft reclaims world’s most valuable company position from Nvidia

American multinational corporation and technology company Microsoft has reclaimed the top position as the world's most valuable company from artificial intelligence chip maker Nvidia. This is after Nvidia's share price fell by 3.5 per cent on Thursday. Nvidia's shares fell...

Kenyans living and working abroad sent home Sh. 52.2 billion in May

Kenyans living in diaspora sent home Sh. 52.2 billion in the month of May, data from the Central Bank of Kenya for the month of May shows. The data that is contained in the Central Bank of Kenya's Weekly Bulletin...

NCBA Group: Inside look at growth and success of one of Kenya’s largest banks

When all Kenyan banks released their 2023 financial results in March this year, one bank stood out from the rest. This bank was the NCBA Group. The bank had the largest growth in net profit in Kenya. Its full...

Kenyans turn to their Tvs, tables, fridges, sofa sets, cows to secure loans

More Kenyans than ever are now using household items to secure loans they would otherwise not get from the traditional financing institutions such as banks. Among the household items that are being most frequently used are televisions, sofa sets, tables...

Michael Macharia’s Seven Seas to get Sh. 1 billion compensation from State

Michael Macharia and his tech company Seven Seas Technologies are set to receive Sh. 1 billion compensation from the government after a breached contract. The payment comes after the National Assembly's Budget and Appropriation Committee set aside the funds for...

Government to use new loan from World Bank to repay Eurobond debt

The government will use funds from the newly acquired loan from World Bank to settle the pending Eurobond debt that is maturing this month. This has been revealed by the Central Bank of Kenya Governor Kamau Thugge. This move will...

Kenyans have now defaulted on loans worth more than Sh. 630 billion

Kenyans have now defaulted on loans worth more than Sh. 600 billion, data from the Central Bank of Kenya has shown. This amount of loans in default is the highest in close to 20 years and has been attributed...

KQ speaks on failed landings at Mogadishu airport, diversions back to Nairobi

Kenya Airways (KQ) has come out to speak after reports that some of its flights to Somalia have been diverting back to Nairobi after failing to land at Mogadishu airport. The national carrier has blamed bad weather as the...

Japan auto makers Toyota, Honda, Mazda in safety testing scandal

The safety rating of a vehicle is a major influence of why a buyer will prefer one car manufacturer over the other or one vehicle model over the other. But if you are buying vehicles from Japan, there is a...

NCBA takes lead in climate change fight as droughts, floods leave trail of ruins

Over the past two years, Kenya has experienced one of the worst climate swings in years. Between 2022 and 2023, the country was struck by a severe drought. Within this period, Kenya experienced up to five consecutive below-average rainy...

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The modern parent’s guide to navigating Back-to-School season bila presha

For many parents and guardians, the back-to-school season begins in the small, quiet moments. It could be in the...