Kwale titanium miner nets Sh5.5 billion

Australian mining firm Base Resources exported titanium products worth Sh5.5 billion from its Kwale mine in the first quarter ended March, a 37.5 per cent increase compared to Sh4 billion in the…

Mauritian bank SBM formally takes over Chase Bank

Mauritian lender SBM Holdings has formally taken over troubled Chase Bank following the conclusion of a sale deal. The Central Bank of Kenya (CBK) and the Kenya Deposit Insurance Corporation (KDIC) said…

Kenya’s quick tax gains that hurt economy

With so much fanfare as 40 of our African heads of State last month signed up to launch the world’s largest free trade area since the World Trade Organisation, there was a…

Lessons for entrepreneurs from the Facebook scandal

Last week the US Congress questioned Facebook founder Mark Zuckerberg over data protection and privacy issues following the Cambridge Analytica scandal. A colleague who watched the proceedings argued that Mr Zuckerberg’s presentations…