Impact of Covid on businesses to linger for years, report says
People Daily | by Steve Umidha
Some Coronavirus pandemic effects on small businesses will take a long time to cure, the latest study by research...
Court bars firm seeking Sh150m against Nokia in contract feud
Business Daily | by Sam Kiplagat
A judge has rejected a petition filed by a Kenyan company seeking Sh150 million from Nokia Corporation over alleged...
BAT in talks to resume sales of Lyft
Business Daily | by Brian Ngugi
BAT Kenya is lobbying the government to reverse the ban on its nicotine pouches, according to its parent company BAT...
Agencies to pay suppliers in 60 days after Bill review
Business Daily | by Edwin Mutai
Public entities will be compelled to pay suppliers of goods and services within two months of receiving an invoice.
This...
Foreign currency deposits in banks hit all-time high
Business Daily | by Elizabeth Kivuva
Foreign currency deposits in local banks hit an all-time high in February, as the depreciating shilling boosted the value...
Egypt-based firm to set up Kenya vehicle assembly
Business Daily | by Brian Ngugi
Egypt’s listed auto dealer Ghabbour Auto (GB Auto) plans to establish a joint venture to assemble and distribute passenger...
KQ gets another Sh36.6bn State bailout
Business Daily | by Edwin Mutai
The Treasury will offer Kenya Airways a further Sh36.6 billion bailout in the year starting July as part of...
StanChart retains Kenya unit in Africa exit strategy
Business Daily | by Victor Juma
UK banking multinational Standard Chartered Plc is exiting five African markets in a strategic review that will leave it with...
