230,000 jobs in hospitality, tourism lost since March
Business Daily | by Lynet Igadwah
The Covid-19 pandemic has claimed 230,000 jobs in the tourism and hospitality sector since March as businesses operated under...
Expect no more bailouts, Treasury tells State agencies
The Standard | by Wainaina Wambu
The Government is no longer keen on bailing out loss-making State corporations, Treasury Cabinet Secretary Ukur Yatani said yesterday.
Yatani’s...
StanChart cuts 200 jobs as corona defaults hit profit
Business Daily | by Victor Juma
Standard Chartered Bank Kenya is laying off 200 employees or 14.3 percent of its workforce as the Covid-19 pandemic...
KCB profit falls 43pc on Covid-19 defaults
Business Daily | by Victor Juma
KCB Group has reported a 43.1 per cent net profit drop in the nine months ended September, weighed down...
Kenya secures post-Brexit trade deal with the UK
The Standard | by Macharia Kamau
Kenya has secured a trade deal with the United Kingdom, which will enable Kenyan products to continue accessing the...
Nakumatt liquidation pushed to February 2021 due to pandemic
Kenyan Wall Street | by Jackson Okoth
Nakumatt liquidation has been moved to February 2021 by the High Court after the administrator requested an extension...
Court of Appeal authorises taxation on debit and credit card purchases
Kenyan Wall Street | by Wandiri Gitogo
Consumers using a debit or credit card to make purchases may have to pay higher charges as the...
M-Pesa agent transactions up 28 percent
Business Daily | by John Mutua
Cash handled by M-Pesa agents rose 28 percent to Sh1.4 trillion in the three months to September after the...
