[ad_1] Virgin Atlantic has filed for Chapter 15 bankruptcy, a move that seeks to protect its assets from US creditors as it scrambles to finalize a...
[ad_1] Mobile firm Safaricom says it will continue providing free data, airtime and short text messages to frontline health workers fighting the COVID-19 pandemic. This offer...
[ad_1] Telkom Kenya has opted out of its proposed merger with Airtel, a decision that has been mutually agreed with Airtel Networks Kenya Limited. “Considering the...
[ad_1] Shoprite plans to close its outlet in Nyali Mombasa due to reduced flow of shoppers, a move that will cost 115 jobs. A notice to...
[ad_1] Kenyan firms improved their sales, received more orders, and increased their output to meet rising demand in July, pushing the PMI Index to 54.2 points....
[ad_1] Microsoft has confirmed that it is still engaging with ByteDance to acquire TikTok’s assets in the United States. Microsoft CEO Satya Nadella says that they...
[ad_1] South Africa’s Absa Manufacturing Purchasing Managers’ Index( PMI) fell to 51.2 in July from a near seven-year high of 53.9 in June. Business activity and...
[ad_1] The Central Bank of Kenya(CBK) received bids worth KSh 41 Billion in a tap sale of fixed coupon Treasury Bonds. Total bids received have face...
[ad_1] The World Trade Organization(WTO) reckons that global trade will decline by 13% in 2020 due to the worldwide pandemic. WTO outgoing Director-General Roberto Azevedo told...
[ad_1] South Africa’s alcohol industry players plan to cut down on investment and to stop hiring. The alcohol ban in South Africa coupled with the lockdown...