- With heavy investment in road, rail and port infrastructure, Kenya has positioned itself as a key transport hub - moving goods from its ports to hinterlands of landlocked neighbours.
- Fahari Aviation will use drone technology on the farm to offer agricultural services such as fertiliser application and chemical spraying on the tea farm.
- Workers whose output is average could benefit from being outgoing. Bosses are keen on identifying staff whose performance betters the company's fortunes.
- The gender pay gap has widened; pensions tend to be more minor, women live for longer, spend more of their lives caring for others, and all of this negatively affects their finances.
- Terms of the settlement reached by Meta Platforms, the holding company for Facebook and Instagram, weren't disclosed in court documents filed late Friday.
- Recognising them and preparing for them dramatically shifts the odds in your favour. The smaller your business is, the more it hurts when you hire the wrong person.
- Struggling carriers need special approvals to form a consolidated airline. They signed a partnership framework expected to enable formation of a pan-African carrier
- The new tariff took effect July 1, 2022. The agreement is all member states of the EAC will cap their duty at 35 per cent for final or finished products.
- Gym memberships have become popular incentives in corporate culture. For the employee, it's a great way to relieve stress and remain on track with personal goals outside of the workplace.
- Shareholders earned a return on equity of 24.2 per cent in the half year to June. The lender posted 55 per cent profit growth as subsidiaries reported positive performance.
- Co-op Bank records a half-year 2022 profit before tax of Sh15.3 billion, a strong 45 per cent rise on the back of a surge in fee income and control of costs.
- Investors are looking to tap into the demand for a diplomatic level and high-security residential estates in Nairobi with the regional financial hub having over 80 foreign diplomatic missions.
- KAA started upgrading terminals 1B and 1C in January last year, a project that was expected to take a year to bring the two terminals at par with Terminal 1A.
- Borrowers have hit banks with additional Sh87.6 billion in loan defaults in the first six months of the year, pointing to a cash crunch that could set up thousands of debtors for property seizures.
- The airline reported a net loss of Sh9.89 billion for the half-year to June 30, this year compared to a loss of Sh11.49 billion reported over a similar period in 2021.
- The 84-story residential Steinway Tower has the title of "most slender skyscraper in the world" thanks to its logic-defying ratio of width to height.
- Some of the key challenges contributing to the risk include high prices of the land, the tedious process of acquisition of title or tenure and infrastructure.
- KCB's Chief Finance Officer Lawrence Kimathi, identified roads, manufacturing, and hospitality as some of the sectors that have contributed to the jump in NPLs.
- According to the Urban Areas and Cities Act 2011, for a township to gain municipal status, it must have a population of between 70,000 and 249,000 residents.
- In the US, golf is a popular sport among presidents, business moguls and company executives. A US study found out that a CEO's golf handicap correlates with their company's performance.
- Kenya Airways posts Sh9.89b loss for the period ended June 30, 2022, cites high fuel prices, operating costs; airline made Sh11.49b loss same period last year.
- Nderitu, the company's executive director, projects to produce 10 tonnes a day with an efficient machine. Without revealing how much they rake in, Nderitu says briquettes are a worthwhile business.
- The State Department for Public Service is seeking a consultant to conduct an actuarial study on what it will take to form the scheme and how much members will contribute.
- Contractors who suffer the most are those who deliver consumables whose audit is complicated to ascertain whether the goods and services were delivered.
- The USAID Africa trade and investment programme is a five-year mechanism managed by USAID Bureau for Africa and implemented by DAI under the Prosper Africa Initiative.
- Businesses employed several tactics to stay afloat even as the measures issued by respective governments such as restrictions on movement and curfews made it difficult to operate.
- While the service has grown to become a darling among many Kenyans due to its convenience, the report also lists some aspects of the business that Kenyans do not regard highly.
- The telco is at risk of being reduced to a shell as State agencies scramble for its multi-billion-shilling assets amid an obscure shareholding structure.
- Kenyatta's spending plan has been marred with controversies, with critics arguing that the outgoing administration has over-borrowed to pump money into projects.
- The maximum 35 per cent duty as Common External Tariff, which took effect on July 1 this year, covers 499 tariff lines (or products), including meat and dairy produce.
- Umeme, Uganda's power distributor, said system losses for the half year stood at 17.1 per cent, an improvement from 17.9 per cent over a similar half last year.