Business

27 May 2025 - This new tax proposal will apply to money transfers by individuals from the US to other countries.

27 May 2025 - They say the move will discourage investment and increase property prices.

27 May 2025 - The group disclosed Uganda was the fastest growing unit with its profits jumping 138 percent, while Tanzania grew 128 percent, Rwanda recorded 14 percent increase and Mauritius 13 percent.

27 May 2025 - GreenMax Capital Group has partnered with Moja EV to launch an electric vehicle (EV) financing pilot for Uber drivers.

27 May 2025 - Success stories nationwide show that tight, focused schedules boost creativity, health, and income.

27 May 2025 - If successful, Mr Manga will be seeking damages for violation amounting to Sh10 million and Sh3 million for alleged profits made by the company for exploiting his image.

27 May 2025 - Ride-hailing firm wants Parliament to exempt it from provisions of Tax Procedures Act.

27 May 2025 - Credit ratings play a crucial role in domestic finance, speeding up, and aiding investment appraisal.

27 May 2025 - IG Kanja warns law will take its course if MP's found to be lying.

27 May 2025 - KenolKobil failed to disclose Mr Segman’s ownership in regulatory filings made between 2008 and 2012.

27 May 2025 - South African President Cyril Ramaphosa says his plan to boost the economy by launching major construction projects has attracted a record 238 billion rand (about $13.3 billion) in investment.

27 May 2025 - BRUSSELS, May 27 (Xinhua) — Ministers from the European Union (EU) countries on Tuesday approved the creation of a 150-billion-euro (about 170.22 billion U.S. dollars) arms fund, the bloc’s first large-scale defence investment program at EU level, the…

27 May 2025 - NAIROBI, Kenya, May 27 – The National Coffee Cooperative Union (NACCU) has urged the Ministry of Cooperatives, Micro, Small, and Medium Enterprises (MSME) Development to extend implementation of direct payments to coffee farmers pending full…

27 May 2025 - Oil shipping routes are vital arteries of the global energy trade, linking major production centers to key consumption markets worldwide.

27 May 2025 - It was 1849. European power at its zenith. French writer Jean-Baptiste wrote, “The more things change, the more they stay the same.” Deglobalization as a term has gained much currency lately. The mythical era of solidarity and peace has apparently…

27 May 2025 - Economically, green hydrogen supports Kenya’s Vision 2030 goals by fostering green industries and job creation.

27 May 2025 - Absa raised its government lending to Sh144 billion by March 2025, up from Sh85.7 billion, boosting interest income by Sh1 billion to Sh3.1 billion.

27 May 2025 - Canadian fintech firm Valour Inc. has partnered with GulfCap Investment Bank (GCIB) to cross-list its Exchange Traded Products (ETPs) on the Nairobi Securities Exchange (NSE), marking a significant step in expanding regulated digital asset investment…

27 May 2025 - Today’s younger employees want less supervision and more coaching. They expect to understand the “why” behind decisions.

27 May 2025 - A high-level Ethiopian delegation led by Chief of the General Staff Field Marshal Birhanu Jula Gelalcha met with senior Russian defense officials led by Deputy Defense Minister Alexander Fomin in Moscow, demonstrating the expanding strategic ties…

27 May 2025 - MAY 27 – Fake discounts, pressure selling, and other practices on Chinese fast-fashion website Shein breach the law, the European Union (EU) has said. The bloc said it has given Shein one month to respond to its findings or face fines based on its sales…

27 May 2025 - NAIROBI, Kenya, May 27 – The National Transport and Safety Authority (NTSA) has directed all operators of public service vehicles (PSVs) to remove graffiti as well as unauthorized artistic enhancements that conceal vehicles’ identities. NTSA said that…

27 May 2025 - In motoring, these ommissions are driven almost entirely by business imperatives such as costs, demand/sales volumes, margins and competition.

27 May 2025 - Given that the world economy still seems volatile, African countries must begin to understand the importance of strong currencies as vital instruments for long-term economic growth and resilience, as well as symbols of national pride.

27 May 2025 - NTSA warned that vehicles risked having their licences revoked should they fail to adhere to the set guidelines.

27 May 2025 - It is within this context that Eco-Charge Limited, founded by Mary Nyambura, steps in.

27 May 2025 - MAY 27 – Sweden-based car maker Volvo Cars says it will cut around 3,000 jobs as part of its cost-cutting measures. The firm says the layoffs will mainly impact office-based positions in Sweden, representing about 15% of its white collar workforce. Last…

27 May 2025 - NAIROBI, May 27 (Xinhua) — Kenyan President William Ruto on Monday launched the Wildlife Conservation Prepaid Card, an innovative financial tool designed to support wildlife protection efforts. Speaking at Meru National Park in central Kenya during the…

27 May 2025 - It has now been nearly six years since the company began producing bio digesters.

27 May 2025 - NAIROBI, Kenya, May 27 – Microsoft has launched a new cybersecurity initiative targeting the Global South, starting with a strategic partnership with Kenya’s National Computer and Cybercrime Coordination Committee (NC4). The move is part of the company’…

27 May 2025 - NAIROBI, Kenya, May 27 – Low-cost retailer Jaza has opened a 24th outlet on Katani Road as it eyes Syokimau residents. The expansion follows the recent opening of Jaza’s Kasuku Centre location in Kileleshwa, which also targets surrounding areas of…

27 May 2025 - Being a Public Private Partnership (PPP) project, the company that will get the tender will toll the road to recoup the money used in the construction.

27 May 2025 - Three African countries - Uganda, South Sudan, and the Central African Republic (CAR) have embarked on a landmark infrastructure initiative with the launch of a 1,800-kilometre regional road project aimed at enhancing trade, connectivity, and economic…

27 May 2025 - NEW YORK, May 27 (Xinhua) — U.S. President Donald Trump on Monday threatened to divert billions in grant dollars away from Harvard University and give those funds to trade schools across the United States, escalating his clash with the elite institution…

27 May 2025 - NAIROBI, Kenya, May 27 – Absa Bank Kenya’s profit after tax grew by four percent to Sh6.2 billion in the first quarter of this year compared to a similar period between January and March 2024. The lender attributes improved revenue to operational…

27 May 2025 - In this newsletter, we are covering the fining of 8 TV stations for defying the government directive on gambling advertisement after an exposé revealed how Kenyans lost millions to a fraudulent gambling scheme.

27 May 2025 - Ghana has temporarily closed its embassy in Washington, D.C. and recalled all foreign affairs staff amid an investigation into an alleged visa fraud scandal.

27 May 2025 - Kenyan learners are set to benefit from a new program that will expand opportunities for ambitious, high-potential students worldwide to earn a degree and seamlessly transition into careers in Germany.

27 May 2025 - Africa’s richest man, Aliko Dangote, has announced plans to begin coal exports from Nigeria in the coming weeks, adding another revenue stream to the growing portfolio of Dangote Industries Limited (DIL).

26 May 2025 - Of the 28 films reviewed by the jury, unanimous praise was reserved for the one set in Nigeria’s commercial capital, Lagos. At the 78th Cannes Film Festival, My Father’s Shadow by Nigerian director Akinola Davies Jr. earned Nigeria its first-ever…

26 May 2025 - Innocent Kenyans, including domestic workers, have been trapped in a tax evasion scam after their details were used to open shell companies.

26 May 2025 - Earnings from sales of fresh vegetables surged more than five times last year.

26 May 2025 - Kenya should development and implement a comprehensive and forward-looking industrial policy to unlock its latent potential for growth.

26 May 2025 - Bill proposes to amend the Crops Act to differentiate miraa (khat) from muguka, and then delete the latter from the list of scheduled crops.

26 May 2025 - Tax receipts from the sale of land, houses and shares in private companies rebounded to grow 40.39 percent in the nine months to March.

26 May 2025 - Isuzu has the largest collection of the top-selling models at six led by the Isuzu FRR 90N truck.

26 May 2025 - The security will run for up to 15 years and covers Koko against civil strife, seizure of its land for public use and breach of contract in its Kenyan operations.

26 May 2025 - The leasing of the lodge mirrors government interventions in the sugar sector.

26 May 2025 - Topline Elon Musk called for “major operational improvements” for X on Saturday after the platform experienced a host of issues with its app and desktop website Saturday, marking the latest outage of services after the platform said it was still being…

26 May 2025 - The Court of Appeal gave Kebs a nod after dismissing the appeal by Precision Experts Ltd.