Category: News

Big Banks Clear First Phase of Federal Reserve Stress Tests

The banking system has an even larger capital cushion than it did last year, which may increase calls for looser regulations.

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Some Uber Employees Balk at Travis Kalanick’s Exit as C.E.O.

More than 1,000 workers supported a petition asking the company’s board to bring back the former chief in an active role.

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KRA staff now sues agency – The Standard

The StandardKRA staff now sues agencyThe StandardFrom left: Joseph Wambugu, Rhoda Muthoni and Stephen Njenga when they appeared before a Milimani court on September 09 2016 to answer charges of forging Kenya Revenue Authority (KRA) excise duty stamps worth Sh822,150,000 in Nairobi. (Photo: ...and more »

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News Analysis: Tough Task for Next Uber Leader: Mending Fences With Drivers

With Travis Kalanick out as Uber’s chief executive, the company has a chance to improve its treatment of drivers. An option for tipping drivers is a start.

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Barclays Bank of Kenya set to lay off hundreds of workers – The Standard

The StandardBarclays Bank of Kenya set to lay off hundreds of workersThe StandardBarclays Bank has become the latest lender to sack its employees in an exercise targeting about 300 employees. However, in a statement to The Standard, the lender confirmed it was rolling out a Voluntary Exit Scheme that is open to all permanent ...and more »

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Silicon Valley Investors Flexed Their Muscles in Uber Fight

Start-up financiers have deferred boardroom control to founders in recent years. Travis Kalanick’s ouster indicates that could be changing.

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Inside Travis Kalanick’s Resignation as Uber’s C.E.O.

At a Chicago hotel on Tuesday, two venture capitalists presented Mr. Kalanick with a list of demands, including his resignation by the end of the day.

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The world’s best airline has just been announced – it will surprise you – Daily Star

Daily StarThe world's best airline has just been announced – it will surprise youDaily StarIt seems Qatar's flagship airline has beaten out fellow Middle Eastern top dog Emirates to gain the title of best airline in the world. Skytrax announced on Tuesday the results of their annual passenger satisfaction survey at this year's World Airline ...Qatar Airways celebrates huge success at Paris Air ShowGulf TimesQatar Airways is voted the World's Best Airline in 2017TravelDailyNews Asia-PacificUnited Airlines, US competitors notch big loss to competitor up northChicago Business JournalTravel+Leisure -PR Newswire (press release) -New Straits Times Online -TheStreet.comall 114 news articles »

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State rolls out ‘green’ financing – K24 TV

State rolls out 'green' financingK24 TVTreasury Cabinet Secretary Henry Rotich has said the government has established the Kenya Green Bond Programme in an effort to unlock new sources of long-term investment for environmental projects, particularly for micro and small enterprises (SMEs).and more »

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State of the Art: Uber’s Lesson: Silicon Valley’s Start-Up Machine Needs Fixing

Travis Kalanick, who stepped down as Uber’s C.E.O., had many enablers who turned a blind eye to the company’s faults because it was growing quickly.

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