Banks loan rate jumps to two-year high on demand
Business Daily | by Lynet Igadwah
The average interest charged on loans by Kenya’s commercial banks has risen to its highest level in two years...
Renault dealer now enters second hand car market
Business Daily | by Elizabeth Kivuva
Caetano Kenya, the local franchise holder of Hyundai and Renault cars, has entered the used vehicles market where it...
Lossmaking Posta turns to SMEs for new lease of life
Business Daily | by Bonface Otieno
The Postal Corporation of Kenya (PCK) has inked a deal that will see it offer postal and courier services...
Kenya to double tax on Big Tech
Business Daily | by Constant Munda
Kenya plans to double tax on foreign tech giants like Amazon, Netflix, Twitter and PayPal which use the internet...
Shareholder row, fights for millions rock Resolution
Business Daily | by Sam Kiplagat
Shareholders of collapsed Resolution Insurance are locked in a vicious court fight over Sh692 million ($6 million) that the...
Comesa warns against consumption of Kinder Joy chocolates
Business Daily | by Brian Ngugi
The Comesa Competition Commission has warned consumers against eating some Kinder Joy chocolates recalled on Tuesday by the Italian...
Tullow ties Turkana oil prospects to stake sale
Business Daily | by Brian Ngugi
The future of Kenya’s Turkana oil project is dependent on the British oil explorer Tullow and its partners getting...
Fuel shortage escalates ahead of price changes
Business Daily | by John Mutua
Fuel shortage has returned to haunt motorists as uncertainties over the State-backed subsidy ahead of the monthly review of...
