Saturday, May 30, 2020

Companies

Kenya Power clarifies on planned power shutdown

Kenya Power has on Saturday come out strongly warning Kenyans of misleading a country wide power shutdown as false. Taking on...

Spectre International set for auctioning to repay debt

Spectre International a company associated with opposition leader Raila Odinga is set to be auctioned to recover a huge debt.

Gucci owner owes $1.6 billion in back taxes,Italy report indicates

A government audit in Italy has found Kering SA the owner of Gucci Luxury Brand that he owes Italy $1.6 billion in back taxes.

China call for the immediate release of Huawei vice chair

China has called for immediate release of Huawei telecoms global chief financial officer whose arrest is slowly turning into a diplomatic war.

Nissan boss Carlos Ghosn arrested over financial misconduct

Nissan head of the Alliance boss Mr. Carlos Ghosn will be sucked on Thursday after a board meeting as confirmed by Nissan Chief Executive.

Safaricom roll out an overdraft facility

Telcom giants Safaricom have introduced an overdraft facility days after they reported a half year profit before tax of Ksh 31.5 billion.

Apple to stop sharing information on the number of devices sold

Tech giants Apple announced its quarterly earnings but it was during the meeting with the investors that the company CFO Lucas Maestri announced that they won’t be sharing the unit sales of its iPhone, iPad or Mac anymore.

Isuzu East Africa launch BRT buses(photos)

Isuzu East Africa has launched the long awaited high capacity buses that will be plying the Nairobi Roads.

Ukay owners move to court to stop demolitions

Ukay Centre in Nairobi has seen its owners moved to court to block an imminent demolition in the ongoing demolitions of properties on Riparian land.

CBA introduce mobile loan of Ksh 3 million

Commercial Bank of Africa Group which is Kenya’s largest private owned bank has today upgraded it’s Loop mobile phone banking service to allow offering loans of up to Ksh 3 million.

Mr Ngigi resigns as Longhorn Publishers MD

Longhorn Publishers have appointed Mr. Maxwell Wahome as the Acting Group Managing Director effective immediately.

Equity plans to open supreme branches

Equity Bank have embarked on a project to open supreme branches countrywide.The four high class branches will target the rich.

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Barack Obama breaks his silence over the death of George Floyd

Former President of the U.S Barack Obama has broken his silence over the cruel murder of George Floyd. Taking...

George Floyd: protesters attack police station, burn it down

Protesters in Minneapolis took to the street for the third straight day following the death of George Floyd in the hands of...

Kenya confirms 127 more coronavirus cases, 4 deaths

Kenya has confirmed an additional 127 cases of coronavirus raising the national tally to 1,745. The new cases are...