Deal

An undisclosed company is leasing a prime 2.9654-acre plot of land in Nairobi owned by Kenya Power for Sh3.7 million per year per acre, less than half the market value of the land. Auditor General Nancy Gatongo wondered how the…

Yesterday, the Israeli Ministry of Defense signed a huge deal worth $5.2 billion with Boeing to purchase 25 advanced F-15 fighter jets. The deal will be financed by US aid to Israel and includes an option to purchase 25…

By definition, Black swan events Unexpected and very difficult to predict. We could see huge gaps, sharp swings, and increased volatility during big events... or we might not see any movement at all. Do you remember the time when the…

Disagreements between Transportation Minister Miri Regev and Finance Minister Bezalel Smotrich tend to arise when they come to negotiate the state budget. In the government meeting on the budget last week, they exchanged…

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…

The XLS-40 amendment to the XRP Ledger, which introduces a new standard for decentralized identifiers (DIDs), went live on October 30. The amendment was approved by 28 out of 35 ratifiers (85.71%), and the amendment was activated…

Breadcrumb linksBMN BusinessShipping giant AP Moller-Maersk A/S has struck a long-term supply deal for clean biomethanol from a Chinese facility, the latest iteration in its search for low-emission marine fuels.Article writer:Bloomberg…

Director General of the Israeli Ministry of Defense, General Eyal Zamir (res.), last night signed an order worth NIS 2 billion to expand serial production of Iron Beam - the first laser interceptor system developed by…

The US government is preparing a plea deal for the hacker who targeted the SEC's Twitter/X account. Bloomberg reported. The deal was struck just days after authorities arrested the 25-year-old suspect from Alabama. In January, the…

The Supreme Court has barred the government from signing a Sh95.68 billion deal to build electricity transmission lines for Adani Energy Solutions Limited, a subsidiary of India's Adani Group. The Law Society of Kenya (LSK) has obtained…