by Hope Media | Jan 6, 2017 | BUSINESS NEWS, news
The shilling weakened against the dollar to touch a 15-month low of 103.60/80 against the dollar yesterday mainly due to a surge in demand by importers. The Central Bank stepped in to sell dollars after the fall, helping the currency to pare some of the gains,...
by Hope Media | Jan 6, 2017 | BUSINESS NEWS, news
Apple has removed the New York Times from its China app store, the tech giant said, after authorities told the company the app breached regulations. The US newspaper said both its English- and Chinese-language apps were pulled late last month, blocking one of the few...
by Hope Media | Jan 6, 2017 | BUSINESS NEWS, news
A recent study published by a team from the Massachusetts Institute of Technology reveals 194,000 Kenyan households escaped extreme poverty thanks to access to the M-PESA ecosystem over the last 8 years. The families represent 2 percent of households in the country...
by Hope Media | Jan 5, 2017 | BUSINESS NEWS, news
Chinese electronics maker Hisense, which says it is South Africa and China’s biggest TV seller, plans to sell a 100-inch 4K laser projection TV system later this year. This is according to the company’s executives who addressed a press event in Las Vegas on Wednesday...
by Hope Media | Jan 5, 2017 | BUSINESS NEWS
BMW Group has announced it would deploy 40 self-driving vehicles for tests in the United States and Europe The German auto group made the announcement at the Consumer Electronics Show in Las Vegas jointly with US computer chip giant Intel and the Israeli-based auto...
by Hope Media | Jan 5, 2017 | BUSINESS NEWS, news
The Kenya Shilling got off to a rocky start on the second day of trading in 2017 hitting the Sh103 mark against the dollar. This shilling is currently trading at Sh103.25, the highest it has traded since the August 2015. Commercial Bank of Africa treasury department...
