Fashion retailer LC Waikiki has announced ongoing plans to open 5 more stores across the country by December this year. Launched in Kenya in 2017, the retailer currently has 9 stores in Nairobi, Mombasa, Kisumu and Nakuru. Speaking during the 5th Anniversary celebration of the store at their flagship Store in Two Rivers Mall, LC […]Read More
The International Monetary Fund has put up new conditions to Kenya that requires Kenya to drop the current fuel subsidy by October for the monetary fund to continue supporting Kenya through loans. The new conditions by the International Monetary fund (IMF) will require Kenya to raise fuel prices and hence affecting motorists. The withdrawal of […]Read More
Statistics show that LinkedIn has over 310 million users in the world with most people using the application to seek job opportunities. Here are some 8 services provided by the application that you didn’t know existed. 1. LinkedIn Newsletter. This is a service by LinkedIn that allows users to access news updates happening around them. […]Read More
Kenya has signed a strategic Trade and investment partnership with the United States a few months after a Kenyatta visited the United States of America. President Uhuru Kenyatta and Mr. Trump had stated their intent to begin formal trade negotiations in February 2020, kicking off a series of events that were anticipated to result in […]Read More
President Uhuru Kenyatta has launched a locally assembled Euro 4 Mitsubishi L200 pick up at state house Nairobi. During the launch, president Kenyatta has said that his government will commit to create an enabling environment for the growth of the automotive industry in the country. “I take note of the issue of getting the council […]Read More
Lamba owns 77.5 percent of Agilitee, which is currently valued at $15.5 billion, making him Africa’s second richest man after Aliko Dangote. Meet Dr. Mandla Lamba, Africa’s $15.5 billion man and the founder of Africa’s first Electric Vehicle Manufacturer, AI and Green Tech Company Agilitee. Agilitee is currently preparing for a Johannesburg Stock Exchange IPO, […]Read More
The Chinese government has responded to allegations by some Kenyans that it is piling on debts for Kenya that would be difficult to pay back. The allegations come at a time that reports indicate that China may be providing large loans to Kenya as a ploy to freeze some of its valuable assets should Kenya […]Read More
Latest data by KNBS now shows that Kenya’s total outstanding external debt reached Sh4.21 trillion by March 2022 as a result of government borrowing to close the budget deficit. Further according to the figures from KNBS, the total amount of public and publicly guaranteed external debt outstanding climbed by 11.7% from the same period in […]Read More
Kenya has continued to stand her ground in rebelling against the Global taxation plan. The Kenya Revenue Authority (KRA) has preserved irreducible minimums that it identifies as requirements before entering the framework in a memorandum outlining the case study of Kenya’s participation in the inclusive framework Prerequisites include lowering the threshold for multinational corporation’s subject […]Read More
In an effort to lower the price of oil, the National Oil Corporation of Kenya (NOCK) will start exporting petroleum from Saudi Arabia in August at a discounted rate. Following a review by the Energy and Petroleum Authority, countrywide fuel prices rose by Ksh. 9 (EPRA). Saudi Armco would provide NOCK with refined petroleum at […]Read More
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