Browsing Category
News
Kithure Kindiki sworn-in as Deputy President
Kithor Kindiki was sworn in as Vice President to replace Regathi Gachagwa, who was impeached by Parliament in October.
The opening ceremony on Friday morning at the Kenyatta International Conference Center (KICC) saw President William…
Kuberno raises £9.5m in series a funding co-led by Barclays and Nasdaq Ventures
Kuberno, a global provider of legal entity management software, has closed its Series A funding round totaling £9.5 million, including a recent investment of £6 million from Barclays and Nasdaq Ventures.
This capital infusion…
CHAR Technologies Closes Private Placement
This section is Partnership content providedThe content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire…
Money market account rates today, November 1, 2024 (up to 5.05% APY return)
Between March 2022 and July 2023, the Fed raised its benchmark interest rate 11 times. As a result, money market account (MMA) interest rates rose sharply. However, the Fed cut the federal funds rate by 50 basis points in September. So,…
Huawei is ‘still struggling’: Founder Ren Zhengfei
Huawei, the Chinese technology giant, is facing an unexpected comeback story. Starting with a new premium smartphone in August 2023, the US-sanctioned company has released new phones, laptops, AI chips and electric vehicles, putting it at…
Tax pain signal in new Sh78bn IMF loan deal
Kenyans are facing more tax pain after the International Monetary Fund (IMF) cited the need for higher revenues as a condition for its multi-billion dollar loan facility for the country.
The International Monetary Fund says Kenya…
How AI might transform the internet as we know it
TED entered the world of artificial intelligence in October with the TEDAI conference. The conference was held in Vienna, and one of the main themes that emerged was how this cutting-edge technology will revolutionize the creative,…
UK Bosses Signal Tepid Support for Reeves’ High-Tax Budget
Breadcrumb linksBMN BusinessChancellor of the Exchequer Rachel Reeves' first budget was greeted with cautious optimism by Britain's business leaders, although high taxes on wages held them back from full support.Article writer:Bloomberg…
El Al pilots, executives raking in huge bonuses
El Al Israel Airlines Ltd (level:Ellal) He could not have dreamed of better compensation for the damage caused by the Covid pandemic, which almost led to its collapse, than the consequences of the war, which led to record…
Microsoft, Meta drag tech stocks lower on concerns over AI spending
Jason Redmond/AFP via Getty Images Stocks fell sharply on Thursday, dragged down by technology. Microsoft and Meta stock fell on renewed concerns about AI spending. Jobless claims fell more than expected while the Fed's…
