Microsoft opened the ADC facility in Nairobi in March 2022. [Photo/ Microsoft]

Layoffs Hit Kenya’s Tech Sector

Kenyans working in tech are now feeling the pinch of the global wave of layoffs by the biggest companies. Over the past two...

BUSINESS TODAY1 Mins read

Former President Uhuru Kenyatta. [Photo/ PSCU]

BUSINESS MARKETS

NCBA: Kenyattas Get Ksh835M Dividend as Profits Hit Ksh13B

The family of former President Uhuru Kenyatta will earn a dividend of around Ksh835 million for its 13.2% state in NCBA Group, a...

BUSINESS TODAY1 Mins read

BUSINESS CRYPTOCURRENCY ECONOMY FEATURED ARTICLE

Crypto Taxes in New Bill: What Kenyan Holders Should Know

Mosop Member of Parliament Abraham Kipsang Kirwa has introduced a new bill that could redefine the cryptocurrency landscape in Kenya. The Capital Markets...

BUSINESS TODAY1 Mins read

Equity Group CEO Dr. James Mwangi at a past event. [Photo/ RMS]

Equity Records Ksh46.1 Billion Profit After Tax

Equity Group Holdings grew its profit after tax by 15% for the full-year ended 2022 to Ksh46.1 billion up from Ksh40.1 billion the...

BUSINESS TODAY1 Mins read

Kenya Airways CEO Allan Kilavuka (Centre_.

BUSINESS ECONOMY

10 Years of Losses: Kenya Airways Records Ksh38B Loss in 2022

Kenya Airways (KQ) has announced an annual loss for the 10th year in row, even as the struggling national carrier maintains that it...

BUSINESS TODAY1 Mins read

Former President Uhuru Kenyatta and opposition leader Raila Odinga at a past event.

Raila’s Gas Company, Kenyatta Family Farm Invaded

Hundreds of unknown individuals stormed a farm associated with the family of former President Uhuru Kenyatta in Ruiru, Kiambu county on Monday, March...

BUSINESS TODAY1 Mins read