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Business

Buyers keep off Gikomba as COVID-19 threat strikes

For the 10 years Ms Purity Gachu has been selling mitumba clothes at Gikomba market in Nairobi, nothing has posed a greater threat to her

Business

Safaricom waives M-Pesa fees for transactions below KES 1,000

Safaricom has become the first player in the mobile money business to cut prices following a request from President Uhuru Kenyatta. On Sunday, Mr Kenyatta

Business

Fake coronavirus test kits: Ten people arrested as police raid clinic

Ten people were on Monday arrested in Nairobi over suspicion that a clinic, for which they worked, was selling fake coronavirus testing kits for Sh3,000.

Business

Igathe returns to Equity Bank as the Chief Commercial Officer

Polycarp Igathe returned to Equity Bank on Monday as Group chief commercial officer soon after resigning from Vivo Energy on Friday. Igathe has a portfolio

Business

Uhuru unveils first locally assembled Mahindra vehicles

President Uhuru Kenyatta yesterday unveiled the first locally assembled Mahindra vehicles at State House, Nairobi. The Mahindra Scorpio Single and Double cabin pick-ups were assembled

Business

This is the largest oil price drop in three decades – Kenyans to miss out

Oil prices yesterday posted the biggest single-day drop since the 1991 Gulf War following a disagreement between Saudi Arabia and Russia, which are among the

Business

Kenya Power is Reportedly Broke and walks over insolvency path

Kenya Power, a monopoly that rakes in more than Sh130 billion a year in revenues, is broke and is now running dangerously closer to empty.