Risky borrowers to pay higher M-Shwari charges in new model
Risky borrowers will pay more to access M-Shwari loans as Safaricom and NCBA Group plan a new lending model with different charges based on the...
November power prices fall on lower fuel, forex charge
Domestic electricity bills have dropped 3.6 per cent this month on a decrease in variable charges including fuel cost charge (FCC) and foreign exchange fluctuation...
Traders withdraw Sh1.5bn tea after auction price falls
The value of tea at the Mombasa auction dropped to retail below the government-set minimum price, leading to a withdrawal of Sh1.5 billion worth of...
Rupee gains 14 paise to 81.65 against U.S. dollar in early trade
The rupee appreciated 14 paise to 81.65 against the U.S. dollar in early trade on Tuesday as the American currency retreated from its elevated levels....
Bob Iger returning to Disney as CEO for two years
Bob Iger will replace Bob Chapek, who took over as The Walt Disney Company CEO in February 2020Powered by WPeMatico
Rasna founder Areez Pirojshaw Khambatta passes away at 85
Areez Pirojshaw Khambatta is known for creating the iconic home-grown beverage brand Rasna, which is sold at 1.8 million retail outlets in the country.Powered by...
Sensex, Nifty fall in early trade amid weak Asian equities
Bajaj Finance, Mahindra & Mahindra, Bajaj Finserv, ITC, Reliance Industries, Tech Mahindra, HDFC, Infosys, Tata Consultancy Services and Nestle were the major laggards.Powered by WPeMatico
Rupee falls 12 paise to 81.86 against U.S. dollar in early trade
The domestic unit opened at 81.84 against the dollar, then lost ground to quote at 81.86, registering a loss of 12 paise over its previous...
Morning Digest | 12 die in Bihar as speeding truck ploughs into crowd; Ecuador beats Qatar in FIFA World Cup opener, and more
Here’s a select list of stories to read before you start your dayPowered by WPeMatico
Rai family firms grip on sugar sector with new milling factory in Naitiri
The Rai family has extended its dominance in the sugar sector with the opening of the Naitiri factory, which has now pushed its share of...