18 May 2021 - The firm gave this forecast while affirming Kenya's rating at B2 and maintaining it's negative outlook

18 May 2021 - Kenya is targeting Sh700 billion in diaspora remittances annually

18 May 2021 - At least 35 per cent of those polled in Kenya said  they were now unemployed.

17 May 2021 - Nairobi Securities Exchange(NSE) recorded a turnover of KSh 1,102,657,782 after a total of 30.6 Million shares traded in 1,051 deals when trading ended at the bourse this Monday. Uchumi Supermarkets Plc was the top gainer, its share price rising 8.7% to KSh 0.25. It was followed by Nairobi Business…

17 May 2021 - A section of Kenyans who had invested their cash in an online App known as Amazon Web Worker are counting their losses after the App was deleted over the weekend from the Google Play Store, without any official communication. Gullible investors were lured into this deadly trap with different…

17 May 2021 - The first berth of the long-awaited Lamu Port is set to be launched and commence operations this Wednesday, 20th May 2021. Lamu Port project Lamu Port is a flagship project in the Lamu Port South Sudan and Ethiopia(LAPSSET) Transport Corridor, linking Kenya, South Sudan and Ethiopia. It is set to…

17 May 2021 - Thousands of businesses and individuals in the country are set for significant relief with Treasury pushing for amendments to excuse locals from accounting for the digital service tax (DST). Under the 2021 Finance Bill, the exchequer wants the DST to be only applicable to non-residents/ foreigners…

17 May 2021 - Car & General’s net profit for the six months that ended on 31st March 2021 jumped by 180% boosted by the high demand for two-wheelers and three-wheelers in Kenya and Tanzania. The company’s net profit climbed to KSh460.6 million at the end of 31st March 2021, from KSh164.8 million in March…

17 May 2021 - Stanbic  Bank Kenya has posted a 26.7 per cent increase in earnings across three months to March with its profits ring to Ksh.1.9 billion from Ksh.1.5 billion last year. The strong rebound in earnings for the lender at the start of the year is anchored on enhanced revenue streams in the period.…

17 May 2021 - “The award celebrates Safaricom for being a pioneer in digital innovation. The industry recognizes the contribution that Safaricom has had in the country. Revolutionizing Kenya’s economy via M-PESA and leveraging the power of mobile phone to impact lives positively in health, agriculture and…

17 May 2021 - As we reflect on 2020, the Kenya Revenue Authority (KRA) reminds all taxpayers that the filing of annual tax returns for the year 2020 is on course. The exercise is meant for individual taxpayers and business entities whose accounting period runs from January to December.

17 May 2021 - •The county has been unable to meet its full potential of own-source revenue collection of Sh700 million annually. •The e-payment system will be monitored in real-time with fees paid directly to the county’s revenue bank account  

17 May 2021 - Diaspora remittances continued to soar in April with Kenyans abroad sending home Ksh.32.1 billion ($299.3 million) across the month. This to represent a steep 43.7 per cent increase in remittances from Ksh.22.3 billion ($208.2 million) in April last year and a 2.9 per cent growth on a monthly…

17 May 2021 - Those above 60 years of age can only purchase up to a maximum limit of Sh200,000.

17 May 2021 - Sometimes you just need a proper deep clean to give your home a new look. Use a steam-cleaner to get rid of stains and smells in carpets (especially important if you have pets). You can also freshen up carpets and rugs by sprinkling them with bicarbonate of soda, letting it absorb for a few hours…

17 May 2021 - NAIROBI, Kenya, May 17-TransCentury has reported a 34 percent revenue growth for the year ended December 31st, 2019 driven by performance especially in two of its subsidiaries. The two subsidiary businesses Tanelec Limited and AEA Limited reported 56.8percent and 89.7percent revenue growth…

17 May 2021 - Companies manufacturing common house-hold goods, such as detergent, tea leaves and flour started selling smaller packages of their products in a bid to target the masses. Their marketing strategies had to change as well, and SK Macharia's 'common mwananchi' focused stations were right there to…

17 May 2021 - On World Earth Day, hundreds of millions of people globally united in a call for urgent action on the restoration of the planet after decades of rampant degradation. This annual event recognizes the Earth as our home and the need to protect it for humanity’s survival. This year’s theme, “Restore…

17 May 2021 - The app suggests spelling, grammar and style changes in real-time, and it can even edit for specific genres

17 May 2021 - Working long hours was estimated to be responsible for about a third of all work-related disease making it an occupational burden. The post Long working hours killing 745,000 people a year, study finds appeared first on K24 TV.

17 May 2021 - The Kenyan shilling depreciated against the US dollar by 0.2 percent to 107.0 shillings, from 106.9 shillings recorded the previous week. The slight depreciation was attributable to increased dollar demand from energy and general merchant importers. On a YTD basis, the shilling has appreciated by 2…

17 May 2021 - NAIROBI, Kenya, May 17-As part of its strategic priority to leverage technology across the capital markets value chain, as espoused in its 2018-2023 Strategic Plan, the Capital Markets Authority (CMA) has facilitated the admission of seven firms in the CMA Regulatory Sandbox since itslaunch in…

17 May 2021 - Transcentury has reported a KSh1.4 billion net loss for the half-year period that ended on 30th June 2020 compared to a net profit of KSh297 million posted in the same period in 2019. The company involved in the manufacture of power cables, infrastructure projects, and engineering reported a 21%…

17 May 2021 - There are fast-growing trends that will shape the future of jobs. The modern world has transformed many of the jobs that we used to know have perished and have transformed others to make way for the new needs demanded by the labor market. Thinking about your career probably is not enough. You must…

17 May 2021 - COVID-19 has disrupted systems around the world creating a new dilemma for insurers across the world. The new unprecedented and unchartered waters of COVID-19 have presented challenges with questions on how best to lead their clients, disrupted by COVID-19, to recovery. According to International…

17 May 2021 - Eight movies. Ten days of roaring engines and screeching tires. M-Net Movies welcomes back the legendary street racing crew whose law-breaking talents lead them to become world-saving spies. In the lead-up to the highly anticipated global cinematic release of Fast and Furious 9, M-Net Movies will…

17 May 2021 - T-bills were oversubscribed, with the overall subscription rate coming in at 110.7 percent, down from 131.0 percent recorded the previous week. The demand for the 364-day paper remained high, as it recorded the highest bids worth 22.3 billion shillings against the 10.0 billion shillings offered,…

17 May 2021 - Kenyans to dig deeper in their pockets to pay more for bread as they go up again by between 5 shillings and 8 shillings as bakers make a fresh attempt to pass the additional cost in the price of wheat to consumers. The Finance Bill 2021 proposed the introduction of a 16 percent duty on […] The post…

17 May 2021 - “I gave my speed bike to my kid bro who turned 30! Plus I have a new Quad/All-Terrain Bike. Before I turn 40, I would want to drive a Bentley Bentayga or G 63 AMG,” Weru noted in a past interview.

17 May 2021 - Britam has today launched a health insurance cover designed to cover full hospitalization expenses of its policyholders upon hospitalization and discharge following a diagnosis of Covid-19. The Britam Covid-19 Insurance cover guarantees a cashback of the full sum assured and does not require pre-…