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Business news highlights

Bamburi, IFC to boost procurement opportunities for women

The Standard | by Moses Omusolo Bamburi Cement has partnered with the International Finance Corporation (IFC) on a gender programme that supports the company to increase...

Ex-Uber executive reveals how driver earnings were slashed in Kenya

Tech Crunch | by Annie Njanja New details have emerged showing that Uber was planning to further reduce commuter charges in Kenya, months after the...

Kisumu air fares double on conference demand

Business Daily | by Gerald AndaeAirfares to Kisumu have more than doubled on higher demand ahead of the Africities Conference being held in the...

Ministry faults LTWP stand on ongoing power tariff negotiations

The Standard | by Macharia Kamau The government has called out power producer Lake Turkana Wind Power (LTWP) for its reluctance to agree to a...
5g connectivity, network connectivity, communications mast

Costly phones slow Safaricom 5G rollout

Business Daily | by Otiato Guguyu Costly 5G mobile phones have slowed down Safaricom’s expansion of superfast fifth-generation network and sites. Safaricom reckons that it will...
tullow oil exploration turkana county lokichar basin

No deal in sight on strategic Turkana oil investor search

Business Daily | by Brian Ngugi Canadian oil company Africa Oil has revealed that it is yet to reach a deal with interested investors in...

Radisson cuts staff by a third on reopening

Business Daily | by Bonface Otieno Global hotel brand Radisson Blu has cut the number of its workforce by 30 percent as it resumed operations...
nairobi securities exchange bourse

NSE sheds Sh294 billion in a month as foreigners flee

Business Daily | by Otiato Guguyu Investors at the Nairobi Securities Exchange (NSE) lost Sh294 billion in a month following a sell-off by foreigners that...