March 13, 2020

Polycarp Igathe leaves plum Vivo Energy job six months after leaving Equity Bank

Polycarp Igathe has left Vivo Energy where he worked as the Executive Vice President in charge of Sales for Africa. A statement from Vivo Energy said: “We thank Polycarp for his contribution to Vivo Energy and wish him the very best in the future.” The reason for his exit has […]
March 13, 2020

Ksh.119.6B wiped out at NSE as markets tumble

Investors at the Nairobi Securities Exchange (NSE) lost Ksh.119.6 billion in value as the domestic markets tumbled on the back of Kenya’s first confirmed case of the Coronavirus (Covid-19). The massive dislocation in stocks saw the bourse step in to halt further bloodshed by halting trade 12 minutes to the […]
March 13, 2020

U.S. embassy cancels appointments after Kenya confirms first positive case

The United States embassy in Nairobi has cancelled consular appointments after Kenya reported its first positive case. In a statement released on Friday, the embassy said appointments affected are those from March 16 to March 27. “In the case of a U.S. citizen in need of emergency assistance, please contact […]
March 13, 2020

The global coronavirus pandemic could be over by June if countries mobilize to fight it.

The global coronavirus pandemic could be over by June if countries mobilize to fight it, a senior Chinese medical adviser said. This as China declared the peak had passed there and new cases in Hubei fell to single digits for the first time. Around two-thirds of global cases of the […]
March 13, 2020

Kenyans urged to report retailers who hike product prices

The Government has warned manufacturers and retailers against hiking prices of commodities in the wake of Kenya announcing its first coronavirus case. In a press statement on Friday, the Competition Authority of Kenya said such acts are in contravention with Section 21(1) of the constitution. “It has come to the […]
March 13, 2020

Nairobi Stock Exchange suspends trading as stocks plunge

The Nairobi Stocks Exchange suspended trading on Friday afternoon as markets fell hard following the confirmation of Kenya’s first ever coronavirus case. “The NSE wishes to notify market participants, investors, key stakeholders and general public that trading at the NSE was halted on Friday 13, March 2020 at 2:38 p.m […]
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