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China retailers slash iPhone prices after Apple warning 2019-01-11 04:48:30Several Chinese electronics retailers including Alibaba-backed have slashed iPhone prices this week, after Apple blamed poor sales of the smartphone

2019/20 budget deficit forecast to fall, overall spending 2019-01-11 03:29:30Budget deficit is forecast to fall in the 2019/20 fiscal year, while overall spending will rise, the Finance Ministry said on Friday.

Ex-Chief indicted on two new charges 2019-01-11 03:28:30Defense lawyers for Carlos Ghosn said they will seek his release on bail after Tokyo prosecutors indicted him on Friday on two new charges

Kenya budget deficit to fall 5pc of GDP 2019-01-11 03:09:30Kenya's budget deficit is forecast to fall to 5.0 percent of gross domestic product in the 2019/20 from revised deficit of 6.3 percent of GDP

Kenyan passport ranked 8, most powerful in Africa 2019-01-11 02:12:30Kenyan passport has been ranked at position eight, most powerful passports in Africa and 72 globally by a global ranking firm

Whats this forced housing contribution? 2019-01-11 01:45:30The Government recently introduced a new mandatory monthly contribution to the National Housing Development Fund of 1.5 percent of basic salary

App that hooks you up with mama nguo 2019-01-11 01:31:30Hunting for casual labourers including mama nguo, electricians and plumbers in the neighbourhood is not an easy task.

Firm affiliated to Kenyan billionaire puts up solar 2019-01-11 01:10:30A firm affiliated to Kenyan businessman Humphrey Kariuki has commissioned a Sh2.5 billion ($25 million) solar power plant in Uganda.

Ugandan, Tanzanian currencies seen weakening, Kenyan shilling steady 2019-01-11 00:30:30Ugandan, and Tanzanian currencies expected to weaken next week as Kenyan shilling remains steady

New app for throat cancer patients unveiled 2019-01-11 00:10:30This small silicon device implanted in the throat allows people to speak by pressing the hole with their fingers to regulate airflow

Tanzania fines mining firm for breaking environmental regulations 2019-01-11 00:00:30Tanzanian government has fined the miner 300 million Tanzanian shillings ($129,143) over allegations of breaching environmental regulations

WB lauds Kenya for power connectivity 2019-01-10 16:00:30Report singles out country for praise for its ambitious plan to connect every household by 2020.

BusinessDailyHome

Fighting Germs At School 2019-01-11 04:11:27Children pick diseases from school, learn how to protect them.

Trump cancels trip to Davos for World Economic 2019-01-11 04:09:44Trump had told reporters earlier Thursday that he still planned to go to the World Economic Forum in Davos later this month.

Throw Away Fake Plants, Grow These 2019-01-11 03:56:58Besides adding greenery to your house, they will clean the air.

The Gem That’s Mama Ngina Drive 2019-01-11 03:39:51People come here in droves to watch ships and the ocean.

FKE stops formation of Housing Fund board 2019-01-11 03:32:54LAw demands a cut of 1.5 per cent of the gross pay per month to be matched by employers and capped at Sh5,000.

RADAR SCREEN: Centum CEO sets new targets after 2019-01-11 03:06:28At 41, the soft-spoken executive, who swiftly mastered the art of growing money at Centum when he was given half a chance as an intern, has grand goal

Paris for the First Time 2019-01-11 03:00:17You will drink all the good wine that you’ve ever imagined and it is perfect for architectural lovers

Get Out of the Gym and Hike 2019-01-11 02:54:50Hiking will help you test if you’ve become stronger and can endure strenuous activities.

Seeking Prettier Smiles 2019-01-11 02:39:43Who does not want to flash pearly white, well-aligned teeth? Here's how to fix yours.

KenolKobil board approves takeover by French firm Rubis 2019-01-11 02:32:49Shareholders have until February 18 to accept or reject the offer.

A Cluttered Home Causes Stress 2019-01-11 02:21:44Marie Kondo’s book will help you rid your home of mess forever.

Kenyattas buy Jamii Bora Bank for Sh1.4bn 2019-01-11 02:18:09Family expands its empire with yet another bank buyout after NIC deal

The EastAfricanBusiness

Tanzania's Magufuli orders central bank to create gold 2019-01-09 11:23:53President urges government to better control mineral exports from the country.

Safaricom rolls out M-Pesa overdraft facility to all 2019-01-09 03:41:27M-Pesa users can send money or pay for goods and services when they have insufficient balance in their accounts.

Banks face pressure to grow revenue in 2019 2019-01-09 02:46:28Global rating agency Moody’s says the lenders should stock up capital buffers to grow their earnings.

Fuel to cost less as global prices drop 2019-01-08 08:18:16In Kenya, petrol is down by 8.46 pc, diesel by 2.58 pc and kerosene by 11.12 pc.

Tanzania rolls out electronic stamps in six regions 2019-01-08 08:16:29Physical stamps has been linked to incidents of tax evasion and counterfeiting.

Kenya forex reserves stay in the red 2019-01-08 04:59:00Forex reserves stock fell to $8.62b in the three months to September 2018.

Uganda budget deficit could narrow to 6pc 2019-01-08 04:28:35Kampala sees resources in the coming fiscal year rising to $9.2 billion from $8.78 billion in 2018-19.

Jim Yong Kim announces resignation as World Bank 2019-01-08 03:09:00Jim Yong Kim to step down February, more than three years before his current term was due to expire.

Markets players mull Umeme's future 2019-01-07 07:30:20The power distributor has been directed to renegotiate its agreement with the Uganda government.

East Africa’s stockmarket listing rules under review 2019-01-07 07:01:56Regional stock exchanges are going through an initial public offering drought.

Airtel Uganda faces higher running costs in policy 2019-01-07 04:09:12Rivals say a cheap licence has given Airtel the advantage to drive pricing.

New law to enhance corporate governance in 2019-01-07 03:30:01The law is expected to restore investor confidence in Kenya’s capital markets.

Reuters: Business News

Square's payments chief joins Visa as head of 2019-01-11 14:13:02Visa Inc on Friday said https://usa.visa.com/visa-everywhere/blog.entry.html/2019/01/11/mary_kay_bowman_join-lrU0.html Mary Kay Bowman will join as h

Wall Street's five-day rally falters ahead of earnings 2019-01-11 13:44:20U.S. stocks edged about 0.4 percent lower on Friday as investors booked profits after a five-day rally and reset positions ahead of the earning season

Autostrade to pay 439 million euros for Genoa 2019-01-11 13:12:29Autostrade per l'Italia (ASPI) has agreed to pay for the reconstruction of the collapsed Genoa bridge, Italy's Transport Minister Danilo Toninelli s

Ghosn's Renault lieutenant drew extra salary via holding: 2019-01-11 12:55:52One of Renault boss Carlos Ghosn's senior executives received an additional six-figure salary unknown to the carmaker's board via the Dutch joint v

Fox says no plans to bid for sports 2019-01-11 12:37:01Fox Chairman Lachlan Murdoch said in November it was still an "open question" whether the company will buy back the regional sports networks it sold

U.S. shutdown sends grain traders, farmers hunting for 2019-01-11 12:35:41When the U.S. Department of Agriculture announced a slew of key farm reports would not be released on Friday due to the partial government shutdown, t

GM bucks gloomy earnings forecast trend, shares jump 2019-01-11 12:20:48General Motors Co executives on Friday bucked gloomy forecasts for growth and sent the automaker's shares soaring, promising investors stronger 2019

Cheaper gasoline weighs on U.S. consumer prices in 2019-01-11 12:05:18U.S. consumer prices fell for the first time in nine months in December amid a plunge in gasoline prices, but underlying inflation pressures remained

Autostrade executives guilty of manslaughter in 2013 motorway 2019-01-11 12:01:02Three managers at Autostrade per l'Italia, and three former managers, were found guilty of manslaughter on Friday over the deaths of 40 people in a 2

Stocks ease after five-day rally; dollar rebounds 2019-01-11 11:43:36An index of world stock markets eased on Friday after a five-day winning streak, as a rally fueled by hopes that Sino-U.S. trade tensions will ease an

Ford plans to cut 1,150 jobs in Britain, 2019-01-11 10:49:46U.S. carmaker Ford plans to cut 1,150 jobs in Britain, the Unite union said on Friday, with nearly 1,000 job losses at its Bridgend engine plant in

Nissan expands Ghosn probe to more countries, executive 2019-01-11 10:28:03Nissan Motor Co Ltd has broadened its investigation into ousted chairman Carlos Ghosn to include dealings that took place in the United States, India

Trading Economics

Kenya Gold Reserves 2019-01-08 08:00:00Gold Reserves in Kenya remained unchanged at 0.02 Tonnes in the third quarter of 2018 from 0.02 Tonnes in the second quarter of 2018. Gold Reserves in

Kenya - Credit Rating 2019-01-05 19:00:00Standard & Poor's credit rating for Kenya stands at B+ with stable outlook. Moody's credit rating for Kenya was last set at B2 with stable outlo

Kenya Fiscal Expenditure 2019-01-05 05:34:00Fiscal Expenditure in Kenya increased to 452.46 KES Billion in September from 252.94 KES Billion in August of 2018. Fiscal Expenditure in Kenya averag

Kenya Government Revenues 2019-01-05 05:24:00Government Revenues in Kenya increased to 369.57 KES Billion in September from 228.60 KES Billion in August of 2018. Government Revenues in Kenya aver

Kenya Food Inflation 2019-01-05 05:18:00Cost of food in Kenya increased 2.54 percent in December of 2018 over the same month in the previous year. Food Inflation in Kenya averaged 10.02 perc

Kenya Foreign Exchange Reserves 2019-01-05 05:14:00Foreign Exchange Reserves in Kenya decreased to 11860.70 USD Million in September from 12099.10 USD Million in August of 2018. Foreign Exchange Reserv

Kenya Current Account 2019-01-05 05:10:00Kenya recorded a Current Account deficit of 4751.40 USD Million in September of 2018. Current Account in Kenya averaged -577.19 USD Million from 1994

Kenya Capital Flows 2019-01-05 05:09:00Kenya recorded a capital and financial account deficit of 5008.10 USD Million in September of 2018. Capital Flows in Kenya averaged -895.95 USD Millio

Kenya Bank Lending Rate 2019-01-05 05:08:00Bank Lending Rate in Kenya decreased to 12.62 percent in September from 12.78 percent in August of 2018. Bank Lending Rate in Kenya averaged 16.27 per

Kenya CfC Stanbic Bank PMI 2019-01-04 06:31:00Manufacturing Pmi in Kenya increased to 53.60 in December from 53.10 in November of 2018. Manufacturing Pmi in Kenya is reported by Markit Economics.

Kenya GDP From Utilities 2019-01-02 10:23:00GDP From Utilities in Kenya decreased to 30808 KES Million in the third quarter of 2018 from 33307 KES Million in the second quarter of 2018. GDP From

Kenya GDP From Transport 2019-01-02 10:22:00GDP From Transport in Kenya increased to 86083 KES Million in the third quarter of 2018 from 83863 KES Million in the second quarter of 2018. GDP From

Business - The Huffington

Nordstrom Co-President Blake Nordstrom Dead At 58 2019-01-03 03:23:00Nordstrom had worked at the chain for more than 40 years.

U.S. Stocks Suffer Worst Year Since 2008 Financial 2018-12-31 17:13:13Despite a dismal year, the market closed out 2018 on a bright note.

Retail Sector Enjoys Best Holiday Season In 6 2018-12-27 04:15:24Consumers in the U.S. spent more than $850 billion between Nov. 1 and Dec. 24 this year, according to early retail data.

People On Twitter Shred Study Claiming Millennials Are 2018-12-26 15:58:26"'Deciding to freelance' is a strange way of saying 'being forced into job insecurity,'" one person tweeted in response to the Fast Company piec

'I Feel Like I'm Failing Them': How Low-Income 2018-12-24 19:31:20These families worry about lost wages if they take off and how to pay for child care if they work over the holidays.

U.S. Stocks Fall Sharply Ahead Of Christmas Holiday 2018-12-24 13:37:11It's very possible that the market will end this month as the worst December for stocks since 1931.

Dow Jones Index Takes Biggest Dive Since 2008 2018-12-21 17:49:42A possible government shutdown is one of many factors driving down the stock market.

Chipotle's Mandatory Arbitration Agreements Are Backfiring Spectacularly 2018-12-20 15:09:49The company is facing a flood of arbitration cases over alleged wage theft. A judge called the company's efforts to block them "unseemly."

Women Often Can’t Afford Tampons, Pads In Federal 2018-12-20 12:22:44The new justice bill would require U.S. prisons to give menstrual hygiene products to inmates for free.

Facebook Allowed Some Tech Companies To Read And 2018-12-19 06:10:53Since 2010, the tech giant has reportedly granted over 150 companies deeper access to users’ personal data than it has admitted.

This Is What Happens When You Find Meaning 2018-12-18 00:01:11It’s important for employees to find fulfillment at their jobs — here are some ways organizations can help them do so.

Johnson & Johnson Knew About Asbestos In Baby 2018-12-14 09:47:23The earliest mentions of tainted J&J talc that Reuters found come from 1957 and 1958 reports by a consulting lab.



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