Category: Economy&Finance
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Hillary Wachinga and Nicodemus Gekone. PHOTO/COURTESY Kenya Reinsurance Corporation Limited has suspended its Managing Director, Dr Hillary Wachinga, for 22 days Wednesday, and appointed Nicodemus Gekone to steer the company in an acting capacity during the period. The board explained that the decision followed a preliminary review of internal matters which remains ongoing. “In accordance…
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LG Electronics. PHOTO/MAC OTANI LG Electronics has unveiled the LG Best Care Trailer, a 40-foot mobile service unit designed to deliver repairs, diagnostics, and customer support directly to homes and neighbourhoods across East Africa. The trailer unveiled in Nairobi will serve consumers in Kenya, Uganda, Tanzania, and potentially Zambia, offering convenience as demand for LG’s…
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I&M Shinda Milioni Campaign. What if saving money could actually pay you back? That’s exactly what I&M Bank is doing with its new “Shinda Millioni” campaign. Here’s how it works, and it’s refreshingly simple: • For every Sh2,000 you keep in your account as your average daily balance, you earn 1 point. • Those points…
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Hillary Wachinga and Nicodemus Gekone. PHOTO/COURTESY Kenya Reinsurance Corporation Limited has suspended its Managing Director, Dr Hillary Wachinga, for 22 days Wednesday, and appointed Nicodemus Gekone to steer the company in an acting capacity during the period. The board explained that the decision followed a preliminary review of internal matters which remains ongoing. “In accordance…
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Peter Ndegwa. PHOTO/COURTESY Safaricom PLC’s share price touched Sh31.00 on Thursday, setting a new 52-week high and extending a recovery that has more than doubled its market value in less than a year. The stock had slumped to Sh14.10 on November 27, 2024, before staging the dramatic rebound. Data from the Nairobi Securities Exchange (NSE)…
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Peter Ndegwa. PHOTO/COURTESY Safaricom PLC’s share price touched Sh31.00 on Thursday, setting a new 52-week high and extending a recovery that has more than doubled its market value in less than a year. The stock had slumped to Sh14.10 on November 27, 2024, before staging the dramatic rebound. Data from the Nairobi Securities Exchange (NSE)…
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Peter Ndegwa. PHOTO/COURTESY Safaricom PLC’s share price touched Sh31.00 on Thursday, setting a new 52-week high and extending a recovery that has more than doubled its market value in less than a year. The stock had slumped to Sh14.10 on November 27, 2024, before staging the dramatic rebound. Data from the Nairobi Securities Exchange (NSE)…
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Tax documents on a table. Image used for representation only. PHOTO/Pexels Kenya’s fiscal policy in 2025 is being reshaped by the winds of global tax reforms – likely to influence the country’s economic strategies. The last week of 2024 saw Kenya adopt two significant tax policies that transformed the country’s international tax landscape at the…
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President William Ruto engaging with the Kenya Private Sector Alliance (KEPSA): PHOTO/ @GovLeeKinyanjui/X President William Ruto has said that the Hustler Fund has not only bridged market failures but also laid the foundation for a revolutionary credit system that is now benefiting 26 million Kenyans. Speaking on Wednesday, August 6, 2025, during a presidential roundtable…
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The US trade deficit expanded more than expected in July, government data showed Thursday, on a surge in imports analysts expect was driven by a rush to beat another wave of President Donald Trump’s tariffs. CHECK OUT: Don’t let unemployment hold you back. Start your digital marketing journey today. The overall US trade deficit jumped…