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Last week, the Federation of Kenyan Employers said that the private job market had lost 70,000 jobs since October 2022, and attributed it to the finance act, which had led to a hostile business ...
The Daily Nation was started in the year 1958 as a Swahili weekly called Taifa by the Englishman Charles Hayes. It was bought in 1959 by the Aga Khan, and became a daily newspaper, Taifa Leo (Swahili for "Nation Today"), in January 1960. An English-language edition called Daily Nation was published on 3 October 1960, in a process organised by ...
Eddah Waceke Gachukia, Educationist, entrepreneur and co-founder of Riara Group of Schools. Eunice Njambi Mathu, Founder and editor-in-chief of Parents Africa Magazine. Gerishon Kamau Kirima, Real estate magnate. James Mwangi & Family. This is a family of Kenyan bankers. Their main businesses include investments in Equity Bank Group, as well as ...
The economy of Kenya is market-based with a few state enterprises. Kenya has an emerging market and is an averagely industrialised nation ahead of its East African peers. Currently a lower middle income nation, Kenya plans to be a newly industrialised nation by 2030. The major industries driving the Kenyan economy include financial services ...
Kenya's President William Ruto on Wednesday reshuffled eight members of his cabinet, and folded the foreign affairs ministry into the office of the chief minister. The changes were necessary, Ruto ...
NAIROBI (Reuters) - Flooding and landslides in Kenya's coastal region has resulted in delays in delivering cargo to and from the port city of Mombasa, the state-owned rail operator said on Saturday.
As of December 2015, KCB Bank Kenya was the largest commercial bank in Kenya with assets of more than US$3.681 billion (KES:366 billion) and US$2.776 billion (KES:276 billion) in customer deposits. In August 2021, the bank recorded a customer deposit growth to USD$5.47 billion (KES:601.7 billion) and had an asset base value of USD$7.09 billion ...
A multinational tea company based in Kenya has suspended operations after tea plucking and harvesting machines were burned by protesters citing massive job losses because of mechanization. The ...