The producer price index (PPI) rose 7.6 percent year-on-year in March, according to the National Bureau of Statistics, slightly beating economists’ expectations of a
Business
Vimal cedes control to former Nakumatt executive at Bidco
Former Nakumatt executive Thiagarajan Ramamurthy has taken over from Vimal Shah as Bidco Africa Group CEO. Mr Ramamurthy’s entry completes Bidco’s plan to inject
Taj Mall owner joins politics to protect business
Taj Mall managing director Rameshchandra Govind Gorasia has declared that he will vie for the Nairobi Senate seat. The embattled businessman, whose flagship project
Survey shows that declining consumer demand hits firms hard
Companies last month reported a drop in trading activities for the first time in more than three years, a monthly survey showed yesterday, underlining
Chasing Lazarus: A Hunt for the Infamous Hackers to Prevent Large Bank Robberies
Kaspersky Lab has published the results of its more-than-year-long investigation into the activity of Lazarus – a notorious hacking group allegedly responsible for the
Sage announces the launch of Sage One Payroll in Kenya
Sage, the market, and technology leader for integrated accounting, payroll & HR and payment systems, today announced that Sage One Payroll will be available
Irrigation gets Sh6.3bn in budget
The government has allocated Sh6.3 billion to irrigation projects countrywide to improve food security. The money will be used to expand irrigation projects and
Cristiano Ronaldo gets airport named in his honour
Cristiano Ronaldo now has an international airport named after him. The Real Madrid striker was joined on Wednesday by dozens of guests and hundreds
Kenyans abroad are the biggest senders of mobile to mobile remittances
To mark the 10th anniversary of ground-breaking mobile money service M-PESA, WorldRemit has released new data showing that the Kenyan diaspora is the biggest
Sasini in Sh600m plan to diversify revenue streams
Sasini Group plans to invest more than Sh600 million in new projects in a bid to diversify its sources of income in the next