Outstanding fuliza loans now haunt Kazi Mtaani recruits
The rise of mobile lenders has left a majority of the youth in a debt trap.
So bad is the situation that some cannot be...
600 firms fire staff over Covid-19 challenges
More than 600 companies have shed jobs since the onset of the Covid-19 crisis in March, a staggering number that employers say could be...
Turkana oil works to resume as Tullow lifts contract freeze
British firm Tullow Oil has lifted its declaration of force majeure on its main licences in Kenya, a move that was feared would further...
I and M emerges top bank in first half of 2020
The Standard | by Judah Ben-Hur
I&M Bank took an impressive lead topping the list ahead of Co-op Bank of Kenya Ltd, KCB group PLC...
Safaricom targets one million with hire purchase 4G phones
Safaricom is targeting to sell a million 4G-enabled smartphones through a Sh20 a day hire purchase device instalment plan in partnership with Google.
The telco, which...
Tuskys owners risk loss of shares in Sh2bn deal
Business Daily | by Victor Juma
The investor intending to provide Tuskys with a Sh2 billion loan seeks to secure the debt using all of...
State to recruit 800 to repair old Nakuru-Kisumu railway line
Kenya Railways (KR) is set to hire 800 skilled and semi-skilled personnel for construction works of the old railway line from Nakuru to Kisumu,...
Auction of Tuskys stock in Greenspan Mall put on hold
Business Daily | by Boniface Otieno
Auctioneers have temporarily suspended sale of Tuskys Supermarket stocks at Nairobi’s Greenspan Mall over Sh24 million rent arrears, offering...
