Safaricom begins restructuring process
People Daily | by Lewis Njoka
A new organisational structure at Safaricom is causing anxiety among employees who will be required to re-apply for their...
System losses cost Kenya Power Sh16bn revenue
Business Daily | by Patrick Alushula
Kenya Power suffered Sh15.99 billion worth of system losses beyond what it is allowed to recover from consumers in...
Firms ‘stepped up hiring ahead of curbs’
Business Daily | by Constant Munda
Kenyan private firms stepped up hiring at lower pay in March as they sought to clear work a backlog...
IMF pushes for fuel tax rise in Sh255bn loan deal
Business Daily | by Otiato Guguyu
The Treasury is under pressure from the International Monetary Fund (IMF) to double the value added tax (VAT) on...
Kenya mulls cutting Sh10m capital cap for foreign firms
Business Daily | by Constant Munda
Kenya is considering lowering the blanket $100,000 (Sh10.89 million) minimum foreign investment requirement for international firms seeking to venture...
Kenya Power drops push to increase bills
Business Daily | by Patrick Alushula
Kenya Power has dropped the push to increase bills by up to a fifth, shifting its focus to lowering...
NSE seeks sale of State stake in Safaricom, KPA
Business Daily | by John Mutua
The Nairobi Securities Exchange (NSE) has stepped up its push for the sale of additional government stake in Safaricom...
KQ to suspend UK flights indefinitely after April 9
Kenyan Wall Street | by Mwakaneno Gakweli
KQ will suspend its flights between Kenya and the UK from 9 April 2021 until further notice. The...
