Month: May 2023
M-Kopa Raises Ksh34B To Scale High-impact Business Across Africa
M-KOPA has announced it successfully closed over $250 million (Ksh34 billion) in new debt and equity funding to expand its financial services offering...
BT Reporter3 Mins read
Savannah Cement: Administrator Takes Over Insolvent Manufacturer
Savannah Cement had fought an ultimately futile legal battle over the past year disputing the debts of over Ksh7 billion owed to KCB...
BUSINESS TODAY1 Mins read
KCB, Equity In a Tight Race For Banking Billions
KCB Bank has dethroned Equity as the largest lender in the country by assets on the back of an aggressive expansion of foreign...
BT Reporter2 Mins read
3 Luxury Hotels Owned by The Mois
With vast interests in real estate, hospitality, media, manufacturing, transport and agriculture among other sectors, the family of the late former President Daniel...
BUSINESS TODAY1 Mins read
End Of Fuel Subsidy As Gov’t Hikes Fuel Prices
The government has completely removed the subsidy on diesel and kerosene, marking the end of the fuel subsidy programme even as fuel prices...
BT Reporter1 Mins read
At Nation Media, Telkom Buyback Scandal Lands Editor In Trouble
It is understood that the story of the scandal, in which the government paid Ksh6.09 billion few days to the 9th August 2022...
BT Reporter2 Mins read
Moroccan City Laayoune Twins Up With Hollywood In Historic Deal
Hollywood city in the state of Florida (United States) and the Moroccan city of Laayoune laid down a twin-city deal, signed Wednesday in...
BT Correspondent2 Mins read
Azam TV: Tanzanian Media Moguls Splash Cash on Kenyan Football
The deal, covering only two matches, is worth $60,000 (Ksh8.2) million. The cash will be shared among Kenyan Premier League (KPL) clubs, which...
BUSINESS TODAY1 Mins read
Government Figures Out Formula To Bring Fuel Prices Down
The Cabinet Secretary for National Treasury and Planning, Prof Njuguna Ndung'u, says the government-to-government (G-G) framework being introduced on the importation of petroleum...
KALU MENGO2 Mins read
![Moderators during a sit-in at Sama offices in Nairobi last week demanding payment of their April salaries. [Photo/ NMG]](https://businesstoday.co.ke/wp-content/uploads/2023/05/WhatsApp-Image-2023-05-05-at-9.30.16-AM-e1683280324425-1200x740-1.jpeg)
Kenya-based Data Firm Ordered to Pay Fired Facebook Moderators
Sama has been ordered to continue paying Facebook content moderators pending the determination of an unlawful termination suit filed by 184 moderators.
BUSINESS TODAY1 Mins read
