Business

13 May 2024 - May 13 – Internet access and use is consistently associated with positive wellbeing, a new study of data from 168 countries by the Oxford Internet Institute (OII) suggests. In many parts of the world, including the EU and UK, concerns about online harms…

13 May 2024 - On a bright summer day in March in South Africa, Oleksandra Romantsova is at Vilakazi Street in Johannesburg’s sprawling Soweto township. She now has a connection with this historic street that has produced two Nobel Peace Prize laureates – Nelson…

13 May 2024 - In an engaging and detailed interview, Mohammed Badi, President of Global Network Services at American Express, alongside Briana Wilsey, Vice President and General Manager of Global Network Services EMEA at American Express, shared their strategic…

13 May 2024 - Equity Group Holdings has posted a 25.1 percent growth in net profit for the first three months to March 2024.

13 May 2024 - When Fleuri Adon landed in Kenya a year ago, he spotted a gap in food supply chain within the Hotel, Restaurants and Catering (HORECA) industry, resulting into wastage of time and money to the entrepreneurs in the space. Despite the penetration of…

13 May 2024 - Aircraft delivery delays from Boeing (BA.N) are "extremely annoying" and cost Lufthansa (LHAG.DE) lots of money, but the U.S. planemaker should be able to resolve its problems, the German airline's CEO said in a newspaper interview.

13 May 2024 - KRA noted that it expected rental income and the reciprocating rental income tax, to grow in line with market trends. This, however, has not been the case - with some landlords reporting the same rental income tax over the years. The move is expected to…

13 May 2024 - To start with, you have to have a piece of land where you will raise the chickens. You cannot do that in an apartment or estate in Nairobi. This presents the first major hurdle for most people. If you are able to access a piece of land, it does not have…

13 May 2024 - The Ministry of Cooperatives has announced the dismissal of the board of directors of Kenya Union of Savings and Credit Co-operatives Ltd (KUSCCO), an umbrella body for Saccos in Kenya. This follows an audit that revealed several discrepancies in the…

13 May 2024 - The amendments made a number of changes to the Traffic Act that will now allow police officers to use mobile and digital technology in the fining of minor traffic officers. For instance, minor traffic offenders can now be summoned to court through…

13 May 2024 - Equity Group MD and CEO James Mwangi hailed the rapid growth in Uganda, Rwanda, Tanzania, DRC, and South Sudan.

13 May 2024 -   The PR company appeared on the list for showcasing outstanding work in branding, reputation management, and engagement management for businesses operating in the financial and professional services industries. Other firms on the list include South…

13 May 2024 - The subject of tax in Nigeria has taken an interesting turn with the new suggestion from the fiscal policy and tax reforms committee. For over a year now, there has been debate on whether to tax Nigeria’s informal sector or not. There has also been a…

13 May 2024 - NAIROBI, Kenya, May 13 – Kenya’s avocado sector is seeking improved cooperation with China in food safety to expand exports to the lucrative market. Kenya is one of the leading avocado producers in Africa, and China is a huge market for Kenyan avocado…

13 May 2024 - WASHINGTON, May 12 (Xinhua) — The United States seems to be giving up on electric vehicles (EVs), as tariffs and corporate timidity are causing “an astonishing loss of nerve” in the country, “whose capitalist hunger once created the modern auto industry…

13 May 2024 - NAIROBI, May 11 (Xinhua) — Standard Chartered Bank is keen to provide significant financing to Chinese firms that uphold green ethos to expand their footprint in Africa, an executive said on Friday. There is a growing demand on the continent for…

13 May 2024 - Australia's eSafety Commissioner wants Elon Musk's company to take down about 65 video and audio clips of an April 15 non-fatal stabbing that was livestreamed.

13 May 2024 - On Sunday, a significant internet disruption was observed across East and South Africa due to a submarine cable cut.

13 May 2024 - The Treasury is seeking an exemption for KRA to access sensitive personal data like details of properties owned and bank accounts operated by taxpayers without a court warrant.

13 May 2024 - The government will spend Sh66 billion less in debt service costs for the financial year ending June 30.

13 May 2024 - Equity Group has overtaken Safaricom to become Kenya’s most valuable brand.

13 May 2024 - Kenyans are frequently switching between various diets to lose weight and manage lifestyle diseases.

13 May 2024 - Any misalignment of the spine can result in severe pain and limited mobility.

13 May 2024 - Businesses with annual sales valued below Sh8 million could be relieved from having to register as VAT agents.

13 May 2024 - The government spending on pensions for public servants is set to rise by 6.2 percent in the new financial year.

13 May 2024 - NSSF pulled Sh33.6 billion in assets from fund managers that run part of its portfolio in the six months ended December 2023.

13 May 2024 - The government has reviewed its demand on manufacturers of alcoholic drinks to remit taxes within 24 hours.

13 May 2024 - CBK took Sh7 billion from the tap sale of a 10-year paper, whose auction closed last week.

13 May 2024 - Insurers are set to incur higher claims due to the losses brought by the floods that are ravaging various parts of the country.

13 May 2024 - A proactive approach to savings safeguards against unforeseen circumstances.

13 May 2024 - Local platforms offering online jobs, rental, food delivery and ride-hailing services will be slapped with a 1.5 percent digital service tax.

13 May 2024 - The National Treasury has proposed the introduction of VAT on financial services, including forex transactions and cheque processing.

13 May 2024 - Residential houses topped the list of Stanbic Holding’s Sh857 million asset seizures last year.

13 May 2024 - KPA boss said ship's arrival with 60,000 metric tons so far the largest consignment of bulk fertiliser was proof of Kenya's dedication to positioning Lamu as a logistic hub in the region.

13 May 2024 - British oil explorer Tullow paid the Kenyan government Sh577.9 million as at end of last year.

13 May 2024 - Tackling extreme concentrations in agriculture inputs and food markets in Africa is critical for sustainable development.

13 May 2024 - Half a decade after the introduction of data protection laws in Kenya, State-owned entities have demonstrated a tepid approach towards compliance with the legal framework.

13 May 2024 - As countries seek to enhance efficiency by adopting technology and scaling up opportunities in the digital economy, one of the key risks that is emerging is cybersecurity.

13 May 2024 - The global goal of net zero by 2050 for greenhouse gas (GHG) emissions requires a radical shift in approach and thinking to achieve.

13 May 2024 - At the age of 31, my sister has an imaginary boyfriend called Albert. No member of the family has ever met him, but she insists that he exists.

13 May 2024 - The burden of proof in tax cases is very different from criminal and civil cases.

12 May 2024 - Seven of the 11-member committee voted to save Mr Linturi from impeachment.

12 May 2024 - Social media reports suggest a near-total internet blackout in some areas in Kenya.

12 May 2024 - The global consultancy firm has been engaged by taskforce to help with cost-benefit analysis as critics claim a conflict of interest by the company as it has clients in the fossil fuels industry.

12 May 2024 - The new subsidiary, IIRM Kenya, will target the Kenyan insurance market, long seen as a lucrative opportunity.

12 May 2024 - The inflows amounted to $397.3 million (Sh52.14 billion), a 2.6% decline from March which recorded $407.8 million (Sh53.5 billion)

12 May 2024 - As reported by Egypt’s state-affiliated Alqahera News satellite TV, the North African country of Egypt has refused to cooperate with Israel on the flow of supplies into Gaza from the Rafah border owing to Israel’s “unacceptable escalation”. A senior…

12 May 2024 - The World Bank is poised to disburse Nigeria a $2.5 billion loan as soon as possible. The nation expects to get the loan shortly after its approval, which could be as soon as June. Given the country's economic struggles throughout the last year, this…

12 May 2024 - Calls on counties increase source revenues, allocate more to urban development initiatives.

12 May 2024 - Plans to go into accommodation.