Day: April 24, 2023

8 Articles
How Would FX Perform in a Stock Bear Market
MARKETS

How Would FX Perform in a Stock Bear Market?

Wondering how FX performs in a bear market? Read our analysis to gain insights into how currencies behave during a stock market downturn.

Vehicles at the Port of Mombasa. Car prices have been on the rise due to enforcement of the eight year-age limit on imported vehicles. [Photo/ NMG]
BUSINESSECONOMY

Why Car Prices in Kenya Are Expected to Drop

Currently, importers have 30 days to pay all taxes, sometimes at nearly 55 percent of import cost, and remove their units from container...

Sakib Eltaff Managing Director - CMC Group
SMART BUSINESS

CMC Group Dumps Big Vehicle Brands To Focus On Tractors And Motorbikes

CMC Group announced the major shift in business strategy on 24th April, which will see it invest and refocus growth efforts towards the...

In a statement, Naivas disclosed that it had engaged cybersecurity firm CrowdStrike following a data breach. [Photo/ RMS]
BUSINESSFEATURED STORY

Explained: How Ransomware Attacks Work, as KAA, Naivas Hit

With cyberattacks on the increase in Kenya, businesses of all sizes face a range of attacks. Hits in the past month on Naivas...

Safaricom Ag. Chief Consumer Business Officer, Fawzia Ali, with Huawei Kenya Deputy CEO, Sheng Kaifu (left) and Kenyan Professional Gamer, Brian Diang’a aka ‘Beast’. This was during the launch of the 5G experiential centre at Village market
BUSINESS

Safaricom Increases 5G Coverage To 21 Counties

Safaricom has increased its 5G coverage to 28 towns across 21 counties. Safaricom has also introduced 5G data bundles to enable its over...

Username Investments Team receiving a trophy as the top Real Estate Land Seller in East Africa during Starbrands Awards
REAL ESTATE

Username Feted As a Starbrand In Real Estate

Username Investment Ltd has been feted as a top Real Estate Land Seller at Starbrands East Africa Awards 2023-2024 Edition. The award ceremony...

Kenya Plantation and Agricultural Workers Union General Secretary Francis Atwoli with Eastern Produce Kenya Officials Leah Kibii and Fancy Mosore following the CBA signing
FEATURED STORY

Eastern Produce Kenya Unionisable Workers Get Pay Rise

More than 6,000 unionisable workers at tea-growing firms associated with Eastern Produce Kenya (EPK) are set to enjoy an enhanced pay package following...

Vicky Mwiti - General Manager of Ensign
ENTERPRISE 101

In Kenya, Virtual Insurance Model Gathers Momentum

“The concept of our company is to try to solve the challenges that has been facing the (insurance) industry for a very long...