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Business news highlights

‘Squid Game’ becomes Netflix’s biggest-ever launch hit

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Nation | by AFP Dystopian South Korean drama "Squid Game" has become Netflix's most popular series launch ever, drawing 111 million fans since its debut...

M-Shwari deposits hit Sh571.1bn on increased savings

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Business Daily | by Patrick Alushula Customer deposits in mobile phone account M-Shwari hit Sh571.1 billion as Kenyans increasingly turned to the service for savings...

New car sales surge 31.5pc in 9 months

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Business Daily | by Victor Juma New motor vehicle sales rose 31.5 percent to 10,044 units in the nine months ended September, with commercial vehicle...

Unlicensed courier operators to be shut in CA crackdown

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The Standard | by Frankline Sunday The Communications Authority of Kenya (CA) will closed down courier firms operating in the country without a licence in...

Secret offshore firm buys stake in Fairview Hotel

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Business Daily | by Otiato Guguyu A secret company registered in the British Virgin Islands will make a joint bid with private equity Actis in...

Centum unit gets Sh775m renewable energy loan

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Business Daily | by Patrick Alushula Two Rivers Power Company (TRPC) has received Sh775 million ($7 million) loan from a commercial and industrial solar financier...
fuel prices, fuel subsidy, petroleum development levy

MPs propose to slash high cost of fuel by Ksh30

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People Daily | by Mercy Mwai and Anthony Mwangi Members of Parliament yesterday recommended huge cuts on taxes and levies imposed on petroleum products, a...

Kenya, U.S sign private sector trade agreement

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The Standard | by PSCU President Uhuru Kenyatta on Monday witnessed the signing of a detailed private sector agreement that seeks to expand trade and...