business
Rebecca Miano: How I plan to attract investors to Kenya
A year after being plucked from the private sector to head the East African Community Affairs...
Engage Uganda to end Kenya fuel deal fallout
Uganda has threatened to stop procuring oil through Kenya from January as it protests being...
Demystifying data protection and privacy in Kenya
Data protection and privacy will continue to dominate the news as concern for data breaches...
Once ridiculed, oil lobby destined to dominate the Dubai COP28 forum
The oil-producing companies and countries will likely be at the high table during the COP28...
Goat meat lovers steadily losing delicacy to export
Goat meat is silently slipping away from Kenyans' dining tables as the prices surge.
Why value investors need clarity in deals involving put options
On November 30, 2022, KCB Group acquired 131,750 of the issued shares of Trust Merchant Bank...
Hard questions for IMF, World Bank
Experts from IMF and the World Bank had been invited to submit presentations on the high cost...
Kenya eyes 20pc stake buy-back in Turkana oil
Kenya plans to buy back up to 20 percent in the Turkana oil project.
How market makers will spur activity at the Nairobi bourse
This week, the Capital Markets Authority (CMA) disclosed it would license a new class of market...
Cities Kenya officials earn Sh200,000 per diem
Assignments to Singapore attract the highest per diem of Sh194,550 per day.
SGR burns Sh70bn, leaves taxpayer with loan burden
Kenya Railways Corporation is yet to start wiring money towards the SGR loan repayments.
Apple Sees Declining Revenues Despite Record iPhone Sales
Apple recently posted its latest fiscal Q4 2023 earnings report which saw the company hit a quarterly revenue of $89.5 billion USD. Despite reaching an iPhone sales revenue high, setting a September quarter record along with a service revenue number hitting an all-time high, the company's revenue was still down 1% year over year. Apple also saw a quarterly earnings per diluted share of $1.46 USD, up 13% year over year.Amidst the hardware slump, the company also released a statement from CEO Tim Cook in tandem with the financial reports, "Today Apple is pleased to report a September quarter revenue record for iPhone and an all-time revenue record in Services. We now have our strongest lineup of products ever heading into the holiday season, including the iPhone 15 lineup and our first carb...
