PineBridge projects 5.2pc growth in 2016

By Ronald Owili PineBridge Investments projects that the economy will this year grow at 5.2 percent. The firm says the economy would have grown at...

Unilever warns of ‘tougher’ 2016

By BBC Consumer goods giant Unilever has reported a sharp fall in 2015 profit and warned of a tougher 2016. The firm, which makes a vast...

Adidas names Kasper Rorsted as new chief executive

By BBC Shares in Adidas have risen more than 5% after the German sportswear firm named its new chief executive. Kaspar Rorsted, who Adidas called the...

WhatsApp scraps 1$ yearly charge, plans to introduce message encryption

By Reuters. The world's most popular messaging service, WhatsApp, is dropping its token $1 fee still levied on some users as it experiments with making...

Lifting of sanctions on Iran drive prices lower

By Reuters Oil prices hit their lowest today since 2003 as the market braced for a jump in Iranian exports after the lifting of sanctions...

Infinix Zero 3 model launched in Kenya

By Ronald Owili Global Smartphone shipment is expected to continue with growth momentum as phone manufacturers engage in releasing devices that are appealing to consumers....

KQ urged to reduce its reliance on fuel hedging

By Nicholus Nduati Kenya Airways has been urged to reduce its reliance on fuel hedging as a business strategy in its quest to return to...

Japanese shares hit one-year low

By BBC Japanese shares hit a one-year low early on Monday following big falls in the US and as oil prices dropped below $28 for...

Wealth of top 1% ‘equal to other 99%

By BBC The richest 1% now has as much wealth as the rest of the world combined, according to Oxfam. It uses data from Credit Suisse...

KRA seizes illegal sugar, ethanol in Mombasa

Officials from the Kenya Revenue Authority have impounded eight containers of contraband sugar and ethanol worth 344 million shillings at a container freight station...
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