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Home » Business & Economy » Page 2

Browsing: Business & Economy

Bolt raises fares in Kenya by 6% citing rising fuel costs and driver pressure

By Michael WandatiMay 12, 20263 Mins Read0

NAIROBI, Kenya — Ride-hailing company Bolt has increased fares in Kenya following sustained rises in fuel prices, in a move the company says is aimed…

US report flags Kenya in global counterfeit goods as fake medicines, electronics surge

By Michael WandatiMay 7, 20264 Mins Read0

NAIROBI, Kenya — The United States government has raised fresh concerns over the growing global trade in counterfeit goods, naming Kenya among countries increasingly affected…

Uber expands into travel with hotel booking feature in ‘everything app’ push

By Michael WandatiApril 30, 20263 Mins Read0

SAN FRANCISCO, United States — Uber has unveiled a new feature allowing users to book hotel rooms directly through its app, marking a significant step…

Uganda’s central bank starts buying local gold to strengthen reserves

By Jabari KiooApril 21, 20263 Mins Read0

KAMPALA, Uganda — The Bank of Uganda (BoU) has begun purchasing gold from local miners under a new three-year initiative aimed at strengthening foreign exchange…

How Elon Musk’s X Money threatens PayPal’s payments empire

By Michael WandatiApril 18, 20263 Mins Read0

WASHINGTON D.C., United States — More than two decades after his turbulent exit from PayPal, tech billionaire Elon Musk is re-entering the payments sector with…

High Court extends status quo in Safaricom stake sale case pending key ruling

By Michael WandatiApril 16, 20263 Mins Read0

NAIROBI, Kenya — The High Court has ordered the continuation of the status quo in a case challenging the government’s proposed sale of a 15…

Safaricom apologises after My OneApp glitches spark user backlash

By Michael WandatiApril 16, 20263 Mins Read0

NAIROBI, Kenya — Kenya’s leading telecommunications operator, Safaricom, has apologised to customers following widespread complaints over technical issues affecting its newly launched My OneApp platform.…

Kenya fuel prices drop as EPRA cuts petrol by KSh9, diesel by KSh10

By Michael WandatiApril 15, 20263 Mins Read0

NAIROBI, Kenya — The Energy and Petroleum Regulatory Authority (EPRA) has announced a reduction in fuel prices across Kenya following a fresh review of the…

Kenya tops East Africa fuel price chart as petrol crosses KSh206 per litre

By Michael WandatiApril 15, 20262 Mins Read0

NAIROBI, Kenya — Kenya has emerged as the most expensive fuel market in East Africa, with motorists paying significantly higher prices for both petrol and…

Ride-hailing drivers set KSh450 minimum fare as fuel prices surge in Kenya

By Michael WandatiApril 15, 20263 Mins Read0

NAIROBI, Kenya — Online taxi drivers operating under the Organisation of Online Drivers (OOD) have announced a new minimum fare of Sh450 for trips of…

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