- According to Central Bank of Kenya (CBK) data, the shilling yesterday stood at 160.25 against the dollar for the official banking regulator's printed mean rate.
- Fredrick Rono, a farmer from Kiminini constituency termed the proposed tax "exploitative" and a setback to progress made towards attaining food security.
- Those who have not supplied the necessary details will miss their salaries and allowances while those who fail to comply risk being fined as much as Sh1 million or serve an year in jail.
- Government says this will be realised through construction of more county industrial parks, Economic Processing Zones (EPZ), and enhancing foreign direct investments.
- The group alleges that Starbucks' public image is misleading, as it conceals numerous cases of labour and human rights abuses involved in the production of its products including in Kenya.
- Those who have not supplied the necessary details will miss their salaries and allowances while those who fail to comply risk being fined as much as Sh1 million or serve an year in jail.
- KNBS in its quarter four Producer Price Index reports that the overall producer prices in December 2023 rose by 3.97 per cent relative to September 2023 prices.
- The high cost of fish feed coupled with the lack of certified fingerlings have been identified as the major challenges facing aquaculture farming in the East and Central Africa region.
- ANAF interim chairperson Semoli Belemane said sustainable aquaculture practices are essential to meet the rising demand for protein-rich food in Africa's burgeoning population.
- With its vast water resources, including lakes, rivers and coastal areas, Africa's capacity for aquaculture development remains a promising solution to address food security.
- SAP Africa used resellers to conduct business throughout Greater Africa, including an unnamed Zimbabwe-based reseller that was used to conduct business in Malawi, Tanzania, Ghana, and Kenya.
- The stakeholders will review ways of enhancing aquaculture development in Africa, to ensure there is sufficient fish production and empowerment of communities.
- Every Sh100 worth farm produce will be taxed Sh5 if proposal by Treasury passes. MPs drawn from the government, opposition have opposed the proposals.
- Telco's plans to expand its operations in Ethiopia received a huge financial boost after the World Bank. Ethiopia became Africa's third default in as many years in December.
- The report further indicates that coffee sold between 2022/2023 and 2023/2024 shows an increase in sales, owing to the high production of the commodity.
- The report further indicates that coffee sold between 2022/2023 and 2023/2024 shows an increase in sales, owing to the high production of the commodity.
- UK disallowed the produce in its markets after branding it a Class C drug. During campaigns, President Ruto promised to make every effort to secure markets for miraa farmers.
- Highlighting Kenya's resilience in the face of these challenges, Kiptoo cited the Africa Development Bank's projection of a GDP growth of 5.6 per cent in 2023 and 6.0 per cent in 2024
- Taxi-hailing company Bolt has introduced a new cancellation option in its app, aimed at deterring users on its platform from taking offline trips and paying off the app.
- Banks wield power in ensuring environmental safety. As a result, the industry has been a target of several campaigns, being at the center of the tug-of-war between profits and morality.
- If you are to engage a main contractor and subcontractors, get credible ones. These are contractors with experience, resources and capacity to deliver your project.
- As a business leader, I see an urgent need to reimagine our approach to transportation, a sector responsible for about 23 per cent of global energy-related CO2 emissions (IEA).
- Over 60 world leaders will join hundreds of business executives and campaigners at the Swiss ski resort of Davos for the five-day annual meeting of the World Economic Forum
- Kenya's biggest telco Safaricom faces regulatory investigations and a stiff financial penalty after M-Pesa outages left their customers stranded without services for hours.
- A new survey shows that just 11 out of every 100 companies polled predicted growth in 2024, an indication that the difficulties experienced last year might persist throughout this year.
- The new policy with echoes of Guaranteed Minimum Returns (GMR) that was pledged by the Kenya Kwanza government will be implemented in the 37 coffee-growing counties.
- GulfCap Real Estate has acquired tunnel formwork, a modern technology that will be used in both the Buxton Point project in Mombasa and the Sh20 billion Starehe Point project in Nairobi.
