- Kenya Tea Growers chairperson Silas Njibwakale yesterday revealed that following the suspension of operations, Ekaterra Tea company sent home 16,000 workers for an indefinite period of time.
- A Sh21 billion tender by Kenya Power for the supply of meters hangs in the balance after the procurement oversight authority began investigating claims of corruption.
- Housing and Urban Development PS Charles Hinga terms the fund a 'sweetheart deal' for workers. He says the contribution will attract investors to the affordable housing agenda.
- The financial remittances sector is one of the fastest-growing sectors in the world. In Africa, this sector accounts for hundreds of thousands of direct jobs and millions more indirectly.
- More Kenyans are being locked out of homeownership as their incomes shrink despite data from banks showing an increase in mortgage loans issued last year.
- There has been an unexplained delay in the processing of the title deeds in the land registries with some taking more than six months to complete the process.
- We need policies that discourage speculation in land, and encourage productive investment in factories that can process raw materials and provide jobs.
- Lender says future growth hinges on the performance of regional businesses and merged units after marginal profit in the first quarter. It posted a net profit of Sh9.8 billion in 2022.
- Safaricom says once the split happens, the subsidiary company and those owned by other similar service providers will be at a competitive disadvantage with higher transaction costs.
- While bagging a government tender has changed some entrepreneurs' lives, it's no rosy affair and has a dark side to it.
Pending bills in recent years remains a sore.
- Kenya Tea Growers chairperson Silas Njibwakale yesterday revealed that following the suspension of operations, Ekaterra Tea company sent home 16,000 workers for an indefinite period of time.
- Dubbed 'Ghana Trade House', the centre at Sameer Business Park along Mombasa road will also serve as a product display center, promoting the products from Ghana
- CPF Chief Executive Officer Hosea Kili does not want the Treasury to give counties their allocations after which the devolved units will use a portion of it to pay the debt as has been the case.
- Connecting Kenya and Uganda through the SGR line would provide a seamless and efficient mode of transportation for goods, promoting increased trade and regional integration.
- While bagging a government tender has changed some entrepreneurs' lives, it's no rosy affair and has a dark side to it.
Pending bills in recent years remains a sore.
- Airtime usage and payment history are some of the ways banks are using to determine the level of risk micro, small and medium enterprises (MSMEs) pose during lending.
- As a corporate social responsibility, Ngare does free haircuts twice a month to street families, something that he has been doing for over five years.
- With food and fuel prices rising, it's becoming increasingly difficult to keep financially afloat. Salaries aren't keeping up with inflation, making it more difficult to save
- British oil producer Tullow Oil said on Tuesday the two minority partners of its licences in the Turkana project have withdrawn from the oil blocks in the South Lokichar Basin.
- The value of transactions through the merchant interpretability platform stood at Sh1 billion recorded from 69,400 merchants for the year ended March 2023.
- The number of registered saloon cars has been on the decline in the last five years. When 2022 figures are compared to 2018, the drop is by 4,154 units.
- The key job displacers will be slower global economic growth, supply shortages and/or the rising cost of inputs for businesses and the rising cost of living for consumers.
- National Treasury has proposed the taxation of Semolina, which is imported raw materials for making pasta as well as finished pasta products like noodles.
- There are protracted land issues between the tea companies and local communities. Mechanisation through the use of tea harvesting machines is another controversial issue.
- The taxman said the authority's mandate lapsed once the sugar was handed over to Vinepack. The sugar was condemned by Kebs for among other things failure to have expiry dates on packages.
- Transmission lines will be acquired by Ketraco at market rates, says a memo to Cabinet as government to cede some control on company's board to minority shareholders.
- While there are many gains made over the first decade of devolution, various policy and legislative barriers continue to hamper devolved health services.
- Kenya has established its industry certification and standards within the agricultural sector to meets the necessary requirements and keep up with the world.
- Dr Juma Mukhwana said that with the United Nations Industrial Development Organization (UNIDO) expansion on resource mobilization for the existing programs, the country will make great strides.