business
SportPesa billionaire loses court bid to stop Sh664m auction
Billionaire Paul Wanderi Ndung’u has lost a case in which he sought to stop the auction of his...
Legal hitch dims workers’ hopes of President Ruto raising pay
The Labour Cabinet secretary is yet to establish the wages council which makes recommendations...
Crony’s Fall Back Plan needs a sharper plan
In Fall Back Plan, Crony Players once again come across as a combination of comedy...
Police get a bad rap in Francis Karanja’s Kiri
Francis Karanja is yet another rising star on the Kenyan theatre scene.
Bamburi Cement profit plunges 87pc to Sh181 million
Net earnings retreated from Sh1.38 billion posted in the previous year as sales dropped by six...
Inflation falls to 10-month low of 7.9 percent
Kenya’s cost of living measure eased in April to a 10-month low on moderation in growth in food...
Japan’s JICA disagrees with KPA in Sh59bn tender fights
Tension is brewing between the Kenya Ports Authority (KPA) and a Japanese government agency...
Raphael Tuju set for auction after losing Sh2bn UK loan suit
Former Jubilee Party secretary-general Raphael Tuju faces auction over a botched loan deal with...
BuzzFeed Shutters News Unit, To Cut 15% of Staff
BuzzFeed has just announced that it will be shutting down its news division. Following the decision, BuzzFeed saw its shares take a nosedive of 20% to 75 cents. The New York-based media company is said to lay off 15% of its workforce, which includes as many as 180 employees in its business, content, tech and administration divisions. The company, which has gained a renowned reputation for its quirky lists, quizzes, cooking videos and unique way of covering current news, will now rely on its HuffPost unit as its primary news division.According to Reuters, at its peak, "BuzzFeed's news division was once viewed as a serious challenger to legacy media companies and won a Pulitzer Prize in 2021 for coverage of China's mass detention of Muslims." Unfortunately, BuzzFeed has ultimately succumbed ...
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...
