Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Photo, Video

11:30 Myntra Right to Fashion Sale: Offers and discounts rain before Independence day, know date, timing and other details

6

17:04 Isuzu takes over GM operations following acquisition

29

15:49 Top 10 cities with the busiest airports in Africa (Lagos falls short)

7

17:51 Donald Trump disbands business and manufacturing councils as CEOs begin to jump ship

3

Business

All category news

  • Nairobi city center no longer at ease as big firms relocate

    August 3, 2017 6:08 AM 18

    Last week, I found myself reading a piece by Sam Sturgis, a writer with Rockefeller Foundation’s Informal City Dialogues. It was penned four years ago, but it aptly describes the current state of Nairobi’s Central Business District. “Wooden tables filled with everything from bras to hairpieces line the off-ramp, with eager hawkers, repairmen and car washers

  • Isuzu takes over GM operations following acquisition

    August 2, 2017 5:04 PM 29

    General Motors East Africa has, effective August 1, changed its company name to Isuzu East Africa. This follows the acquisition of a 57.7 percent stake in the company by the Japanese Car maker from General Motors at the start of the year. The deal was reached after it emerged that 97 percent of GM’s sales were of Isuzu vehicles, with the car maker keen to capitalize

  • KBC staff down their tools over poor working conditions

    August 2, 2017 10:03 AM 13

    Kenya Broadcasting Corporation staff, who are members of the Commission Workers Union have downed their tools. The strike was occasioned by what the union said is delay to sign the Collective Bargaining agreement which was successfully negotiated on July this year. On June 14 2017, COWU issued a strike notice, but the Corporation sought redress from the Ministry

  • Relief as Kenyans pay less for basic items

    July 31, 2017 9:04 PM 18

    A drastic fall in the prices of Irish potatoes helped relieve the cost of living for Kenyans in July as inflation moved towards the Central Bank’s (CBK) targets. According to the latest figures by the Kenya National Bureau of Statistics (KNBS), inflation stood at 7.47 per cent, down from 9.21 per cent in June. The fall in the price of Irish potatoes

  • Kenya’s rate of inflation eases to 7.47 percent

    July 31, 2017 4:19 PM 18

    By Benson Rioba-The cost of living has eased helped by lower cost of food items and energy. The rate of inflation has bounced back to the government’s medium term target easing to 7.47 percent from 9.21 percent last month. The drought experienced in many parts of the country early this year resulted in the price of basic commodities escalating with the rate of inflation

  • Tesla delivers first lower-cost Model 3 cars

    July 31, 2017 9:28 AM 14

    Electric car maker Tesla Motors has delivered the Model 3 small car to its first 30 customers. The electric car comes at a starting price of $35,000 and offers around 220 miles (about 354km) of range on a single charge. Though the Model 3 is being called as low-cost electric car by the car-maker, its rival products such as Nissan Leaf and Chevrolet Volt come at a price

  • Rwanda concludes agreement for new Bugesera Airport

    July 31, 2017 7:14 AM 12

    Jul 31, 2017: With the backing of the African Legal Support Facility, the Rwandan government has taken a concrete step toward becoming a transportation hub for the East African region with the signing of a concession agreement for the construction and operation of Bugesera International Airport. Kigali is being positioned to become a nerve center for business

  • Amazon's Jeff Bezos Becomes World's Richest Person, But Briefly

    July 28, 2017 4:35 AM 16

    New York: Amazon founder Jeff Bezos on Thursday became the world's richest person, as a jump in the share price of the US tech giant enabled him to overtake Microsoft founder Bill Gates, a new estimate showed. Forbes magazine said its real-time tracking of personal fortunes showed Mr Bezos with a net worth of $90.5 billion, ahead of the $90 billion for Mr Gates

  • Amazon Profits Fall Far Short of Expectations, but Investors Shrug

    July 28, 2017 1:16 AM 16

    Concerns about Amazon’s mighty ambitions are on the rise at the moment, in part because of its pending plan to acquire Whole Foods for $13.4 billion, a deal that could put Amazon on a path to becoming a significant player in the vast grocery market. Although the deal has faced criticism from Democratic lawmakers, labor unions and consumer groups, there

  • Unscrupulous Madaraka Express ticket racket shut

    July 27, 2017 3:20 PM 14

    There will be no train services between Nairobi and Mombasa on 8th of next month to allow Madaraka Express staff to exercise their democratic right of voting. Kenya Railways Managing Director Athanas Maina says those who use the service will be able to buy a return ticket from Tuesday next week. The suspension is to allow Kenyans exercise their democratic