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On November 11, 2022, FTX's then-CEO Sam Bankman-Fried resigned, handing the reins of the company to John Ray, who immediately filed for Chapter 11 bankruptcy protection in the United States. This day marked the beginning of the end for…

The founder of a cryptocurrency mixing platform will end up in a US prison cell and return to his home country for 12.5 years after a federal court ruled that the owner of the cryptocurrency company was guilty of money laundering.…

Getty Images; Alyssa Powell/PI Tom Lee says penny stocks could head for a big upside during Trump's second term. “I believe small caps can outperform by more than 100% over the next two years,” he said. Lee predicted in July…

The average monthly wage in Kenya's private sector fell for the first time in more than three decades to Sh75,781, reflecting the impact of the country's weak economy that has prompted companies to curb costs. The Kenya Revenue…

This morning, if I said anything that wasn't about the election, no one would read this. (Although if you want to hear something unrelated but comedic: Today is my birthday.) And I'm writing this before any of us know the outcome of a…

Kenya's third-largest telecommunications company, Telkom Kenya, shed more than one million customers in the 12 months to June this year, new disclosures showed, extending a trend observed the previous year when the company lost 899,458…

In the last week of October, the shekel appreciated 2.5% against the US dollar, making it the best-performing emerging market currency and bucking the trend of depreciation of emerging market foreign currencies against…

I earn Sh150,000 a month after tax. I pay rent for a two-bedroom house at Sh35,000. This money is not part of the Sh150,000 I earn after tax. How can I save to build rental homes or what investment should I make that will give me good…

Breadcrumb linksPMNBMN BusinessArticle writer:Associated PressBeatrice DupuyPosted on October 28, 2024 • 3 minute read You can save this article by registering for free here. Or log in if you have an account.Article contentNEW YORK (AP)…

Breadcrumb linksBMN BusinessChronic power outages have crippled the economy and disrupted politics for more than 15 years. Then, seven months ago, they just stopped.Article writer:Bloomberg NewsPaul BurkhartPosted on October 26, 2024 • 5…