Business

21 May 2024 - Kenya Finance Bank has been joined in a case where EACC is seeking to recover a parcel of land belonging to KRC from Pastor James Ng’ang’a.

21 May 2024 - One proposal under consideration is the introduction of a motor vehicle circulation tax of 2.5 percent of the vehicle value.

21 May 2024 - As the cost of the heavy rains and flooding continues to mount, reaching a staggering 210 lives lost and leaving a trail of destruction in its wake.

21 May 2024 - The Treasury wants Parliament to allocate Sh90 million to clear legal fees for lawyers.

20 May 2024 - Collin Benjamin was an unknown when he left his native Namibia in the 1990s, becoming one of the best African imports into the German league. Back in Windhoek, he wants to improve the professional football club landscape with the virtues learned from…

20 May 2024 - Selecting the best forex app might be difficult, but with the correct knowledge and factors, you can make an informed choice.

20 May 2024 - Whitman said that the issue of tax is a worldwide issue and for a country to be economically stable, it requires more time as the process is gradual.

20 May 2024 - Adrian Kenya Ltd (AKL) says Citi Bank has frustrated it, making it lose business and battering its reputation.

20 May 2024 - Ivory Coast, the world’s top cocoa producer, has surpassed South Africa as the highest-rated sovereign in Sub-Saharan Africa with foreign debt outstanding. The latest S&P Global Ratings affirmed both countries at BB-, but Ivory Coast’s outlook was…

20 May 2024 - Initially, the dam whose construction was launched in 2016, was to cost Sh35 billion.

20 May 2024 - The Egyptian government expressed sincere condolences to Iran for the tragic death of President Ebrahim Raisi and other senior officials in a helicopter crash. Presidential Spokesman Ahmed Fahmy conveyed President Abdel Fattah al-Sisi's support and…

20 May 2024 - The Kenya Revenue Authority (KRA) will be allocated an additional Sh12 billion to pursue tax cheats.

20 May 2024 - Depending on where you live, healthy living might be a simple task or a pricey burden. This factor, particularly as it pertains to healthy eating stands out in the diverse landscape of Africa's most populous country, Nigeria. The country spans 6 geo-…

20 May 2024 - While it may not be widely recognized, the African space industry is steadily expanding, albeit not at the same pace as its Western counterparts. Nonetheless, the growth is becoming increasingly evident.

20 May 2024 - A recent report showed that a significant amount of Kenyans are ditching the use of mobile money platforms. This is according to findings in the National Economic Survey 2024. The drop in mobile money subscribers is due to the extra charges imposed on…

20 May 2024 - Cabinet Secretary Salim Mvurya noted that some of the mining licenses had expired and there was a need to have them removed from the system.

20 May 2024 - Water, Sanitation, and Irrigation CS, Zacharia Njeru has appointed Joseph Mungai Kamau as CEO of the Athi Water Works.

20 May 2024 - The airline has a policy that allows customers to seek refunds for cancelled flights or those delayed by more than eight hours.

20 May 2024 - Employees will also be informed about important payroll deadlines.

20 May 2024 - NAIROBI, Kenya, May 20 – The Kenya Association of Manufacturers (KAM) has raised alarms over the government’s proposal to increase the Import Declaration Fund (IDF) from 2.5 percent to 3.0 percent.  KAM argues that the move will significantly elevate…

20 May 2024 - Opposition leader Raila Odinga's foot soldiers led by ODM chair John Mbadi have vowed to rally their members to reject the Finance Bill 2024.

20 May 2024 - The Director of Public Prosecutions (DPP) Renson Ingonga has withdrawn Sh1 billion theft charges against former executives of Britam Insurance, among them Edwin Harold Dande.

20 May 2024 - NAIROBI, Kenya, May 20 – Individual and firms importing dirty palm oil for repackaging before selling will face higher taxes as the state moves to introduce new taxes on such commodities. According to local manufacturers, the government’s move to…

20 May 2024 - NAIROBI, Kenya, May 20 – Business support NGO TechnoServe has unveiled the Millers for Nutrition Program, an industry-led coalition to support millers and the nutritional value of the communities served. The initiative, which will be rolled out in Kenya…

20 May 2024 - South Africa’s apex court has ruled that former President Jacob Zuma is ineligible to run as a candidate for parliament in the upcoming elections this month.

20 May 2024 - This was 39% increase compared to a similar period the previous year.

20 May 2024 - Immigration department issued 404,028 passports in 2023

20 May 2024 - NAIROBI, Kenya, May 20 – Online lending platform Tala has been listed on CNBC and Forbes prestigious global lists for advancing innovation in the digital space. This is the eighth time that the Francisco-based company appears on Forbes’ Fintech 50 list…

20 May 2024 - Low fuel prices in Africa creates the necessary cushion needed to relief an already financially stressed economic situation. In many African countries fuel costs influence many aspects economy, and as such must be regulated. The lower the better, as…

20 May 2024 - Hunger and Safety Net Programme expected to increase to Sh4.2 billion this financial year.

20 May 2024 - The average monthly salary for state workers stood at Sh52,158

20 May 2024 - By Pieter Prickaerts NAIROBI, Kenya, May 20 – One of the concerns in the health insurance industry is the increase in claims frequency in recent years, consequently leading to additional increases in costs. The increase in claims has intensified the…

20 May 2024 - Money transferred between subscribers increased to Sh5.5 trillion in 2023.

20 May 2024 - The rebound of the agriculture sector lifted the economic growth last year to 5.6 percent from revised 4.9 percent in 2022.

20 May 2024 - It will also cut carbon dioxide emissions by more than 30%.

20 May 2024 - On Sunday, the army of the Democratic Republic of Congo successfully thwarted an attempted coup. Among the coup plotters were three Americans as recently confirmed. These foreigners are said to be in the custody of the specialized services of the Armed…

20 May 2024 - Launched in June 2023, the program is aimed at uplifting the digital economy in Africa.

20 May 2024 - The Kenya National Chamber of Commerce and Industry (KNCCI) has raised concerns over the proposed imposition of a Ksh.2 million penalty for non-compliance with the Electronic Tax Invoice Management System (eTIMS) as outlined in the proposed Finance Bill…

20 May 2024 - NAIROBI, Kenya, May 20 – The Government says the Kenyan economy has recorded a significant bounce back after it reported a GDP growth rate of 5.6 percent in 2023, up from a revised 4.9 percent. A newly released 2024 Economic Survey Report shows the…

20 May 2024 - NAIROBI, Kenya, May 20 – Effective governance and financial control provide an apt opportunity for businesses to identify distress, the latest Deloitte Restructuring Survey has revealed. The survey themed ‘Early Identification of Distress’ stresses that…

20 May 2024 - TOPLINE Iranian President Ebrahim Raisi and the country’s foreign minister were found dead Monday morning at the site of a helicopter crash, state media confirmed, following an hours-long search for the wreckage in Iran’s mountainous East Azerbaijan…

20 May 2024 - VIENTIANE, May 20 (Xinhua) — Smoking-related illnesses kill 6,700 people annually in Laos, according to Laos’ Ministry of Health. “About 18 people in Laos die each day from smoking-related illnesses, equal to 6,700 people a year. The death rate from…

20 May 2024 - NAIROBI, Kenya, My 20 – Kenya and the United States of America (USA) have agreed to complete ongoing trade negotiations under the Strategic Trade and Investment Partnership (STIP). This was said during the fifth round of STIP negotiations between USA…

20 May 2024 - The tragic crash of a helicopter carrying Iranian President Ebrahim Raisi, and other officials, in northwestern Iran on Sunday has resulted in a devastating loss for the country.

20 May 2024 - MAY 20 – China will have no choice but to take retaliatory measures against the European Union if the bloc continues its anti-subsidy investigations targeting Chinese companies, the Chinese Chamber of Commerce to the EU says. The CCCEU, which represents…

20 May 2024 - Nairobi imported goods worth Sh2.6 trillion.

20 May 2024 - NAIROBI, Kenya, May 20 – Mi Vida Homes, a property developer, targets growing home sales through sacco members. Already, the firm has partnered with Kimisitu Sacco, allowing its members to invest in its residential projects within Garden City, Nairobi.…

20 May 2024 - NAIROBI, Kenya, May 20 – FaidiHR, a cloud Payroll and Human Resource (HR) Platform Provider, has launched its flagship mobile application designed to empower employees and enhance their payroll and HR experience.  The app, dubbed “FaidiHR App,” is aimed…

20 May 2024 - The Central Bank of Nigeria (CBN) has instructed banks and other financial institutions to halt the implementation of the 0.5 per cent cybersecurity charges on electronic transactions.

20 May 2024 - ABUJA, May 20 (Xinhua) — Nigerian President Bola Tinubu on Sunday has appointed Ajuri Ngelale, his main spokesman, as Nigeria’s first-ever special presidential envoy on climate action. The appointment reinforces the stance of Tinubu’s government on…