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.
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, indicating th
WASHINGTON (Reuters) - A U.S. bank regulator has flunked Wells Fargo on a national scorecard for community lending, the lender said on Tuesday as it tries to repair its reputation after a phony-accoun
WASHINGTON (AP) — Ivanka Trump and Education Secretary Betsy DeVos are calling on young girls to pursue careers in science, technology, engineering and math. They say those fields will provide the jo
DETROIT/WASHINGTON (Reuters) - Ford Motor Co on Tuesday said it would invest $1.2 billion in three Michigan facilities and create 130 jobs in projects largely in line with a previous agreement with th
Las Vegas eventually will get in line to host a Super Bowl, but it will not happen in 2022, the next available date for the championship game, NFL Commissioner Roger Goodell told the Review-Journa
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen said Tuesday that U.S. banks must do all they can to promote economic development in low-income areas where high unemployment has persisted despit
BILLINGS, Mont. (AP) — President Donald Trump’s move to roll back Obama-era regulations aimed at curbing climate change comes as the coal industry is reeling from bankruptcies, pollution restri
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.
MANILA, Philippines - The Philippines is among Asian countries that are “better positioned” to capitalize on strengthening global trade demand, according to
MANILA, Philippines - Budget carrier Cebu Pacific has tapped Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) for the maintenance f
MANILA, Philippines - Andrew Tan-led Alliance Global Group Inc.(AGI) is looking to raise $500 million from the issuance of dollar-denominated bonds later thi
MANILA, Philippines - Australian oil and gas company Nido Petroleum Limited expects to drill a new well at the Galoc Oil Field offshore Palawan by end-March
MANILA, Philippines - The Bangko Sentral ng Pilipinas (BSP) sees inflation rising closer to the upper end of the two to four percent target until the third q
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