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Nation Business
  • Nation Business: Troubled Metropolitan sacco under State probe
    23 Apr 2022 - Investigation order comes amid financial challenges bought by plethora of bad loans.
  • Nation Business: Property management long went digital, what are you waiting for?
    22 Apr 2022 - Property Management Systems have increased efficiency in this sector since they provide a centralised location where agents can organise, schedule and perform day-to-day functions such as collecting rent and addressing tenants’needs
  • Nation Business: Safaricom’s call to block Canadian rival rejected
    21 Apr 2022 - Safaricom loses bid to stop Canadian-owned firm from offering internet-based calls through its network.
  • Nation Business: Cheaper cooking gas on the way
    21 Apr 2022 - The Treasury revives stalled subsidy scheme for affordable cooking gas with a Sh471 million allocation.
  • Nation Business: KRA retains fringe benefit tax on low interest rates
    21 Apr 2022 - Taxman retains fringe benefit tax at seven per cent for the next three months until June.
  • Nation Business: Kinder Joy products safe, says Kebs
    21 Apr 2022 - Kebs has allayed fears over contamination of Kinder Joy chocolates being sold in shops across the country.
  • Nation Business: Energy ministry goes mute on pledge to cut power bills
    21 Apr 2022 - Energy CS Monica Juma said in January the cost of power would come down by March 31.
  • Nation Business: NMG resumes dividend payment
    21 Apr 2022 - Company's growth was supported by rebound in print, television and digital advertising.
  • Nation Business: Tech giants’ entry rattles Kenyan startup industry 
    20 Apr 2022 - Global titans’ fight for a piece of the digital pie in Africa could squeeze small firms.
  • Nation Business: Sh1 billion set aside for Nairobi BRT plan 
    20 Apr 2022 - National government to provide Sh1.05 billion while the balance will be footed through foreign financing.
  • Nation Business: Judge lifts accounts freeze on Jubilee financier in tax row
    20 Apr 2022 - The High Court has lifted an order barring businesswoman Mary Wambui Mungai from accessing 13 bank accounts over a Sh2.5 billion tax dispute.
  • Nation Business: Spotlight on Crops fund over Sh15bn debt write-off plan
    20 Apr 2022 - The funds were meant for farm input, crop establishment, processing, and buying machinery.
  • Nation Business: Government steps up crackdown on rogue oil dealers as supply normalizes
    19 Apr 2022 - Government faulted oil companies of deliberately causing an artificial fuel shortage by withholding their stocks.
  • Nation Business: AfDB quits power plant over Gideon Moi stake
    19 Apr 2022 - Sources indicated that AfDB demanded change of ownership before it can offer funding.
  • Nation Business: Family Bank eyes buyouts in Africa expansion plan
    18 Apr 2022 - The bank is studying opportunities in markets such as Ghana, Liberia, Sierra Leone, and Ethiopia.
  • Nation Business: Court stops bank from auctioning man’s land over Sh155m claim
    18 Apr 2022 - Justice Olga Sewe issued the order following an application by Mr Jonathan Mturi.
  • Nation Business: Legal twists and turns hurt hopes of Mumias recovery
    18 Apr 2022 - The company used to be the country’s leading sugar producer, producing over 250,000 tonnes a year.
  • Nation Business: Return of fibre optics boom
    18 Apr 2022 - Fresh wave of connections expected to raise competition and ultimately lower prices for the final consumer.
  • Nation Business: Stagflation creeps in on Kenya
    18 Apr 2022 - The cost of basic food such as wheat, cooking oil, and grains are set to shoot up almost six per cent by end of April.
  • Nation Business: Poor records deny State millions in rent income
    17 Apr 2022 - Kenya only manages to collect 60 per cent of its annual potential.
  • Nation Business: 19 ICT projects earmarked to fast-track SME growth
    17 Apr 2022 - The government to deploy 100,000km of fibre optic infrastructure in public institutions.
  • Nation Business: How Mumias boss bungled firm’s revival plan
    16 Apr 2022 - Kereto Marima of KR Consult Ltd appointed as new administrator of the mill following court applications.
  • Nation Business: Revealed: The worst route for KQ revenues
    15 Apr 2022 - In 2021, it earned Sh38.2bn from its Africa operations, Sh11.4bn from its European route, Sh7.7bn in Middle East.
  • Nation Business: CA extends SIM card listing deadline
    15 Apr 2022 - CA warns that subscribers and operators who fail to honour the new deadline will be penalised according to the law.
  • Nation Business: Safaricom allows online SIM card registration on deadline day
    15 Apr 2022 - The company has 42.8 million million mobile subscribers.
  • Nation Business: Rubis speaks out on CEO's deportation
    14 Apr 2022 - Sources said Rubis CEO Jean-Christian Bergeron swiftly booked a flight to Paris on Wednesday night.
  • Nation Business: Court kicks Ramana Rao out of Mumias Sugar
    14 Apr 2022 - Court also also cancels lease awarded to Ugandan company Sarrai Group for revival of the sugar miller.
  • Nation Business: Fuel prices jump to record high after Epra review
    14 Apr 2022 - The costs of petrol, diesel and kerosene have increased by Sh9.9.
  • Nation Business: 'Supply fuel or go!' CS Juma reads riot act to rogue marketers
    14 Apr 2022 - CS Juma tells oil marketers to exit market if unwilling to follow Kenyan laws.
  • Nation Business: Kemsa goes for cameras to stem theft of supplies
    13 Apr 2022 - Agency to enhance surveillance of its main warehouse in Nairobi to curb embarrassing theft of stocks.
  • Nation Business: MPs demand probe into Spire Bank deal
    13 Apr 2022 - Bank's woes have been blamed on large withdrawal by deceased tycoon Merali after Mwalimu Sacco acquisition.
  • Nation Business: Fuel shortage: Kenya deports Rubis CEO
    13 Apr 2022 - Rubis is among the multinational energy companies under investigation for hoarding fuel.
  • Nation Business: Court surrenders Sh300m MozzartBet cash to State over M-Pesa fraud
    13 Apr 2022 - High Court ruled that the funds are proceeds of crime.
  • Nation Business: Safaricom makes U-turn on SIM card listing
    12 Apr 2022 - Safaricom now allows customers to present themselves for a fresh entry of details.
  • Nation Business: Taxman to use drones for surveillance on businesses
    12 Apr 2022 - KRA plans to purchase high-end drones to bolster its tax surveillance of businesses.
  • Nation Business: ‘Rogue’ oil firms face censure amid fuel crisis
    12 Apr 2022 - Epra has identified firms that export fuel at the expense of local consumers.
  • Nation Business: Russia-Ukraine war puts US dollar under siege
    12 Apr 2022 - Russia's move to strengthen its Ruble through various means has left the US dollar exposed.
  • Nation Business: Rubis under watch for 'unreliable supplies'
    12 Apr 2022 - Government officials have said that there are enough fuel stocks.
  • Nation Business: KQ to sack workers, cut fleet in Yatani budget plan
    7 Apr 2022 - State wants Kenya Airways to perform a radical surgery of its operations.
  • Nation Business: Long queues as Kenyans rush to beat SIM card deadline
    7 Apr 2022 - CA had ordered all telcos to register customer SIM cards by April 15, 2022.
  • Nation Business: Debt dilemma in legacy Budget of Uhuru’s reign
    6 Apr 2022 - Budget is the last under the Jubilee administration and is an increase from the Sh3.1 trillion approved in June.
  • Nation Business: Farmland sub-division, sale barred in planned law
    6 Apr 2022 - Bill seeks to create special land control committees that would vet and approve all transactions.
  • Nation Business: Why you still can’t get fuel
    6 Apr 2022 - Filling stations are still unable to serve motorists streaming in to buy the crucial commodity.
  • Nation Business: Broke Resolution Health placed under statutory management
    6 Apr 2022 - Resolution Insurance has been stopped from transacting any new business by the Commissioner of Insurance.
  • Nation Business: From oil to milk, inflation hits family budgets hard
    6 Apr 2022 - Apart from oil, the country is experiencing a milk shortage that has seen prices rise and purchases controlled.
  • Nation Business: Eight State firms shamed for failing to pay interns
    5 Apr 2022 - Public universities the most notorious in exploiting those they hire in programme.
  • Nation Business: Depositors in collapsed bank get higher compensation in new law
    5 Apr 2022 - The depositors in collapsed banks will now pocket up to Sh500,000 for every account.
  • Nation Business: Equity sacks officer over ties with rogue ex-staffer
    4 Apr 2022 - Court upholds Doreen Mutitu's termination noting that association was a breach of trust.
  • Nation Business: Safaricom opens M-Pesa to Airtel, Telkom customers
    4 Apr 2022 - Safaricom wants to expand customer choices by allowing merchant payments by users outside its network.
  • Nation Business: Fresh storm rocks Spire Bank sale
    4 Apr 2022 - New deal to dispose of the teacher-owned lender could see its assets diluted by about Sh11 billion unless they get their figures right.
  • Nation Business: Collapse of Karuturi flower farm haunts Naivasha town
    4 Apr 2022 - The sinking fortune of the flower sector in Naivasha is magnified by the death of Karuturi and other major players.
  • Nation Business: Disruptions key to solving basic issues
    4 Apr 2022 - Firms including BBox, Azuri, MKopa are changing the narrative and bringing disruptive power providing solutions in parts of sub-Saharan Africa
  • Nation Business: Prices rise as milk shortage hits parts of Kenya
    4 Apr 2022 - Some retailers are capping the number of packets a shopper can buy.
  • Nation Business: Parents risk Sh300,000 fine in child SIM card listing
    4 Apr 2022 - Parents will be expected to provide the identity of children using smartphones while registering SIM cards used by minors.

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