Governors and legislators had during campaigns promised to empower locals through revival of collapsed industries, most of which were synonymous with the region
Dr Njoroge stopped short of recommending that the law should be done away with, only saying the direction of the interest rate caps would be known after CBK concludes a study on the legislation's impa
First Merchant Bank said in a statement on its website it was in exclusive talks to buy out the 68 per cent of Barclays Bank of Zimbabwe owned by the British company.
There are three Tubonge offers, a daily offer for Sh10, a weekly offer for Sh50 and a monthly one for Sh150. All offers come with 100 mins for Airtel to Airtel calls per day and a Sh2 calling rate to
The bank has factored in bad loans and written off expectations from revised earnings on Government bonds once, instead of staggering the losses over years.
The partnership, initiated by JBBL's leasing subsidiary, allows Dell, through its licensed local distributors, to supply the laptops through a leasing arrangement.
U.S. President Donald Trump will attend a Group of 20 summit in Hamburg, Germany, on July 7 and 8, the White House said on March 28 after Trump spoke by phone with German Chancellor Angela Merkel. Rea
The Danish branch of the ride-sharing service Uber is shutting down its services in the Scandinavian country due to a proposed law that toughens standards for taxis.
Non-governmental organizations play a key role in the modernization of Ukraine, their independence should be preserved at all costs, Head of the European Union Delegation to Ukraine, Ambassador Hugues
WASHINGTON (Reuters) - U.S. President Donald Trump's administration has billed his move to re-open federal lands to new coal leases as a win for miners seeking to expand production. But a review of co
The Scottish parliament voted on March 28 to back First Minister Nicola Sturgeon’s bid to hold a new independence referendum in late 2018 or 2019, once the terms of the UK’s exit from the
(Reuters) - David Einhorn's hedge fund Greenlight Capital Inc urged General Motors Co to split its common stock into two classes, a proposal that was swiftly rejected by the carmaker.
DETROIT - General Motors has rejected a proposal from investor David Einhorn to split its stock into two classes.
The company said Tuesday that the plan from Einhorn's Greenlight Capital hedge fund w
HALIFAX - Nova Scotia's finance minister is promising his pre-election budget will give small businesses tax relief, and reduce regulation costs.
Randy Delorey told a Halifax Chamber of Commerce lunc
BERLIN (Reuters) - Volkswagen's supervisory board has recommended shareholders to discharge the carmaker's top management and the supervisory panel from liability for actions taken last year.
TOKYO (Reuters) - U.S. nuclear developer Westinghouse Electric Co plans to seek bankruptcy protection from creditors on Tuesday as it struggles with losses that have thrown its Japanese parent Toshiba
A longtime Republican lawmaker has been confirmed to Mississippi's three-member Workers Compensation Commission.
Regeneron's billionaire chief executive Leonard Schleifer has said that the drug industry's pricing is "ridiculous." So when his own new drug, Dupixent for eczema, was approved, he took an unorthodox
TORONTO - An appeal of one of two cases of police misconduct arising out of the turbulent Toronto G20 summit almost seven years ago has been delayed after a complainant opted to represent himself rath
WASHINGTON (Reuters) - U.S. consumer confidence surged to a more than 16-year high in March amid growing labor market optimism while the goods trade deficit narrowed sharply in February, suggesting th
It lets people share videos and photographs in the Facebook app that will disappear after 24 hours, similar to the Stories feature on Instagram, also owned by Facebook.
To date the local economy has not taken a major knock since June’s vote, but there's a warning that living costs are already rising as a result and will continue to do so
If you're allergic to one nut, you can't be sure you're allergic to others unless you actually try them and develop symptoms, according to new research that suggests most people with a tree nut or pea
The Dow was on track to snap an eight-day losing streak on Tuesday as financial stocks rose on the back of strong consumer data, offsetting losses in the healthcare sector.
TORONTO - North American stock markets have advanced moderately today in late morning trading.
The Toronto Stock Exchange's S&P/TSX composite index was up 88.28 points to 15,594.50 after 90 minutes o
THE Cebu Health and Wellness Council (CHWC) Inc. is hoping for the revival of the Spa and Wellness Association of Cebu (SWAC) to create a stronger bloc that would elevate Cebu’s footing in the medical
WASHINGTON (AP) — General Electric is selling its French consumer finance arm, one of the last remaining vestiges of its financial wing as it returns to its roots an industrial company. GE did not re
FINANCIAL institutions are ramping up their security measures as defense from the growing risk of cyber attacks, an international study has found.
According to the Financial Institutions Security Risk
IN the face of the Duterte administration’s campaign against “5-6” money lending, the Securities and Exchange Commission (SEC) has reiterated to informal lenders to be registered with the commission o
A SUBSIDIARY of Abejo Waters Corp. will begin its commission of the first 24-hour daily water distribution in Panglao, Bohol next month.
Panglao Water Services Inc. (PWSI) covers the entire municipali
Multiplex operator PVR is looking at around 90 percent jump in revenue to around Rs 4,000 crore in four to five years driven by expansion across the country.
Nevada’s state gaming win of $945.6 million in February was down from a year ago in 18 of the 19 markets, off 4.5 percent from a year ago, the state Gaming Control Board reported Tuesday.
LONDON (Reuters) - While banks warn Britain's European Union divorce could drive the pound below $1.20, their option traders have cut the cost of insuring against further falls in the two years it has
A few decades ago, Larry Bell would show up at parties with bottles of beer he brewed in his basement. Some people were leery of this self-described stoner’s early editions of bootleg booze. Bell does