business
KCB, NBK ink deal to sell Sanlam Life’s products
KCB Bank and its subsidiary National Bank of Kenya (NBK) have inked an insurance distribution...
Vehicle insurance premiums hit Sh54bn on price increase
Insurers' gross premiums from motor underwriting rose by 14.1 percent in 2022 to Sh53.9 billion.
Bill blocks Chinese contractors from projects below Sh20bn
Foreign firms will be locked out of government contracts below Sh20 billion if Parliament...
State takes aim at big telcos with fresh dominance rules
The State will raise the threshold for telecoms firms to be declared dominant to more than half...
Netflix Reports Adding 1.75 Million Subscribers in Q1 2023
Netflix recently revealed its financial report for Q1 of 2023. After being in hot waters last year for declining subscribers, the streaming giant has reported that it has added 1.75 million net new subscribers in the first quarter of the year.The numbers come after Netflix introduced its ad-filled option for a lower cost. The ad-supported tier launch pushed the subscriber increase. Q1 of 2023 marked the first full quarter Netflix made its ad-filled option available to subscribers. In the last quarter of 2022, Netflix gained a whopping 7.66 million subscribers. The uptick shows Netflix is on an upward trajectory, ending with a total global subscriber count of 232.5 million by Q1 2023.Netflix has recently shifted its focus away from subscription growth and more toward revenue. While the newl...
AI is already taking our jobs and security; can we stop the tsunami?
As the AI revolution bursts around us, the biggest casualty, the fastest, will be reality.
Why Kenya must shift to sustainable entrepreneurship
Sustainable entrepreneurship means engaging in activities that restore or nurture the...
NCBA, Equity CEOs salaries signal bankers’ bumper pay
Equity Group CEO James Mwangi and his NCBA counterpart John Gachora earned a combined Sh362.37...
Treasury shops for lead manager for new Eurobond
Kenya has been forced to return to the international capital market to raise money to help it...
Kenya to host first global consumer rights summit in Africa
Competition Authority of Kenya successfully bid to host the forum in Nairobi.
City law firm in Sh2 billion dirty cash case wins Sh337m legal fees
Judge ruled law firm should be paid despite protestations from a Frenchman who claims the money...
Shifting gears: Inside the hub placing Kenya on engineering global map
Located within Avon Center on Enterprise Road in Nairobi’s Industrial Area, Kamau Gachigi sits...
