Zimbabwe outlaws use of US dollar and other foreign currencies
Harare, Zimbabwe – In a bid to defend its fledgeling new currency against black market speculation, Zimbabwe‘s Finance Minister Mthuli Ncube
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Business
China Southern Airlines launches Nairobi-Changsha flights
By Jerry Omondi For CTGN Africa China Southern Airlines on Wednesday launched a direct flight between the Kenyan capital of
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2019-20 Budget: Blow for alcoholic as prices set to go up, gamblers hit hard
Kenyan gamblers and drinkers have been dealt a huge blow following Treasury Cabinet Secretary Henry Rotich’s 2019-20 budget statement that
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Small-scale traders in Gikomba market, Nairobi have new competitors, The Chinese.
Chinese traders have moved from selling goods in bulk in godowns located in industrial area to engaging more in retail
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CS Rotich appoints John Mburu the new KRA Commissioner General, replaces Njiraini
Cabinet Secretary National Treasury on Thursday appointed James Mburu to the KRA Commissioner General post for three years replacing John
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CBK governor Patrick Njoroge reappointed for another 4-year term
Central Bank of Kenya (CBK) boss Patrick Njoroge’s tenure has been extended by another four years a few days after
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Demonetization Directive is Illegal and Ill-Motivated
Yesterday’s CBK directive invalidating the current generation of Ksh 1000 notes is unlawful and unconstitutional. The declaration that has itched
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Huawei CEO says China shouldn’t punish Apple
Hong Kong (CNN Business) Ren Zhengfei, the CEO and founder of embattled Chinese tech company Huawei, is defending US rival
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Kenya Asks World Bank for $750 Million Loan
By Bella Genga and Eric Ombok For Bloomberg Kenya requested the World Bank for a $750 million loan to fund
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Kenya Airways CEO Mikosz to quit before end of his contract
Source: Business Daily Kenya Airways chief executive Sebastian Mikosz has announced he will quit from the helm of the airline
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