Business

09 November 2024 - Companies that prioritize a supportive atmosphere see significant benefits, including a high-performing team that drives success. A good work environment boosts productivity and trust, leading to a strong and trustworthy team.

09 November 2024 - Companies that prioritize a supportive atmosphere see significant benefits, including a high-performing team that drives success. A good work environment boosts productivity and trust, leading to a strong and trustworthy team.

09 November 2024 - Some economies have become so stable that the governments have been able to operate without taxing their citizens. Although residents in such nations are exempted from paying income tax, they can be taxed on property or other revenue sources.

09 November 2024 - SYDNEY, Nov. 9 (Xinhua) — A sailor who fell overboard from a cargo ship off Australia’s east coast near Sydney has been found alive after spending almost 24 hours stranded at sea. The man went overboard from the Singapore-based bulk carrier Double…

09 November 2024 - NAIROBI, Kenya, Nov 9 – Majid Al Futtaim, the operator of Carrefour in Kenya, has launched its 25th store at Runda Mall in Nairobi, marking a key milestone in its national expansion strategy. The new location offers self-checkout services, making…

09 November 2024 - Many farmers and farm managers make the mistake of believing that they can diagnose and treat diseases.

09 November 2024 - Caging increases the risk of antimicrobial resistance, posing a threat to public health.

09 November 2024 - Dairy farmers cooperative society grows in leaps and bounds from humble beginnings as a self-help group.

09 November 2024 - NOV 9 – A Brazilian businessman, with ties to one of the country’s most powerful criminal groups, has been shot dead at Guarulhos Airport in São Paulo. Antônio Vinicius Gritzbach had recently entered into a plea bargain with local prosecutors to…

09 November 2024 - NAIROBI, Kenya, Nov 9 – The government will embark on a nationwide livestock vaccination programme against diseases in January next year, President William Ruto has announced. The President said 22 million cattle and 50 million goats and sheep will…

09 November 2024 - Safaricom reckons that the social construct in Ethiopia is less geared towards town to village money transfers, unlike in Kenya.

09 November 2024 - Bernard Akama admits that up to the point he weighed 130 kilos, he ate everything that came his way without caution or much care.

09 November 2024 - I want to own a home in three to four years. The target for the house is Sh6 million. It can be either an apartment or a plot of Sh3 million and construction of Sh3 million.

09 November 2024 - As you set out your savings, you need to be clear about what is realistic and in which durations.

09 November 2024 - Most of the cases have been either at the court or TAT for years, as taxpayers push to thwart the aggressive onslaught by KRA.

09 November 2024 - The theft occurred between October 2021 and December 2023 - report.

09 November 2024 - Businesses often dispute KRA’s tax demands, resulting in legal actions in courts and the Tax Appeals Tribunal.

08 November 2024 - Safaricom Plc has released its financial results for the first half of the financial year ending March 2025. The results reinforce the telco’s place as the region’s leading telecommunications and digital financial services provider. The company…

08 November 2024 - The government of South Sudan and Ethiopian airlines have entered a partnership agreement to establish and manage a national carrier for South Sudan.

08 November 2024 - Nigeria's most-searched destination is the United Kingdom, accounting for 16.81% of searches. Canada follows closely with 15.40%, while the United States ranks third at 7.66%.

08 November 2024 - NOV 8 – Vivo Energy Kenya, a Shell licensee, has launched a campaign to educate motorists on the benefits of high-quality fuel. The initiative, supported by a state-of-the-art lab in Nairobi’s Industrial Area, highlights the advantages of Shell…

08 November 2024 - Donald Trump’s victory in the just concluded US elections triggered massive wins for most businessmen including the stock market. The aftermath of the elections trickled down to the net worth of some African billionaires and while some gained,…

08 November 2024 - MOSCOW, Nov. 8 (Xinhua) — About 112,000 new passenger vehicles were imported to Russia in October, a monthly record for the last 12 years, Russia’s analytical agency Autostat said on Thursday. The previous record was set in August 2012, with around…

08 November 2024 - NAIROBI, Kenya, Nov 8 – Small-scale rice farmers in Embu, Meru, and Tharaka Nithi Counties now have access to portable rice milling machines, eliminating the need to travel long distances for milling. Previously, these farmers faced high transport…

08 November 2024 - NAIROBI, Kenya, Nov 8 – Rosalyn Mugoh has been appointed the new Managing Director of Heritage Insurance Company Kenya Limited by Liberty Kenya Holdings. She assumes the position immediately, following the completion of all regulatory approvals.…

08 November 2024 - NAIROBI, Kenya, Nov 8 – South Africa has emerged as a crucial country for clinical trials in AstraZeneca’s global operations, playing a pivotal role in advancing medical research and delivering innovative treatments. Through groundbreaking efforts…

08 November 2024 - NAIROBI, Kenya, Nov 8 – Radisson Hotel Group has appointed Sandra Kneubuhler as Managing Director (MD) for its Sub-Saharan Africa operations. Based in Johannesburg, Kneubuhler will oversee the Group’s operations across English-speaking African…

08 November 2024 - Nigeria’s premier port terminal, APM in Apapa, Lagos has made history by hosting EA Centaurus, the largest container vessel to ever visit the Lagos Port Complex.

08 November 2024 - The National Assembly’s Committee on Delegated Legislation has approved a Ksh 10 increase in the road maintenance levy, raising it to Ksh28 per liter for petrol and diesel. According to Capital Business, this decision aims to support the growing…

08 November 2024 - Nigeria's military has issued a warning about a new insurgent group, Lakurawas, reportedly infiltrating the country's northwest from neighbouring Niger and Mali.

08 November 2024 - NAIROBI, Kenya Nov 8 – The Mozilla Festival House (MozFest House) event, an innovative gathering focused on harnessing the potential of Artificial Intelligence (AI), data ethics, and nurturing community-driven technological alternatives will Kick…

08 November 2024 - NOV 8 – A painting by an AI robot of the eminent World War Two codebreaker Alan Turing has sold for a record $1.3m (£1m) at auction. Sotheby’s said there were 27 bids for the digital art sale of “A.I. God”, which had been originally estimated to…

08 November 2024 - NAIROBI, Kenya, Nov 8 – Domestic Value Added Tax (VAT) collection plunged by 26.3 percent in October due to reduced remittances from key sectors, the Kenya Revenue Authority (KRA) reported. The decline resulted in a Sh2.37 billion deficit,…

08 November 2024 - Africa is becoming increasingly vulnerable to cyber threats as the continent embraces digital transformation. The most popular of these threats is the Distributed Denial of Service (DDoS) attack.

08 November 2024 - There’s nothing like a cross-continental journey or overland adventure – with social media following along – to experience the diversity, culture, music, fashion, food and art in Africaa. All you need is a trusty vehicle, self-belief and a few good…

08 November 2024 - The FBI has been notified of evidence of hacking on the iPhones of two senior officials at one of the presidential campaigns. Sources say the agency is pursuing a lead related to a Chinese hacking group. The FBI is investigating whether China used…

08 November 2024 - NOV 8 – Nissan has said it will lay off thousands of workers as it slashes global production to tackle a drop in sales in China and the US. The Japanese car making giant says it will cut 9,000 jobs around the world in a cost saving effort that will…

08 November 2024 - NAIROBI, Kenya, Nov 8 – The Kenya Revenue Authority (KRA) has exempted tourists from declaring the International Mobile Equipment Identity (IMEI) numbers of their gadgets upon arrival, aiming to maintain seamless entry for visitors while enhancing…

08 November 2024 - NOV 8 – The head of the US central bank has hit back at speculation that his post might be in jeopardy as Donald Trump prepares to assume power in Washington. Federal Reserve chairman Jerome Powell said he would not step down if Trump asked and…

08 November 2024 - NOV 8 – China is expected to unveil new measures to boost its flagging economy, as it braces for a second Donald Trump presidency. Trump won the election on a platform that promised steep import taxes, including tariffs as high as 60% on Chinese-…

08 November 2024 - NAIROBI, Kenya, Nov 8 – The Committee on Delegated Legislation, chaired by Ainabkoi MP Samuel Chepkong’a, has approved a legal notice to raise the road maintenance levy by Sh10 to Sh28 per liter for petrol and diesel.  While concerns were raised…

08 November 2024 - SYDNEY, Nov. 8 (Xinhua) — A grassfire was ignited next to a runway at Sydney Airport following a reported engine explosion on a Qantas flight upon takeoff on Friday afternoon. Fire and rescue crews were deployed to the airport, the busiest in…

08 November 2024 - Government seeks freehand to continue borrowing beyond the legal ceiling of 55 per cent.

07 November 2024 - While lifting an order freezing the assets and funds in five bank accounts, the judge said EACC failed to prove that Mr Kanani acquired them corruptly or through corrupt conduct.

07 November 2024 - Their creation was a result of an elaborate intention to have a partying experience that is disruptive and one that can go into spaces and flip them into vibrancy.

07 November 2024 - The 2022 and 2023 papers, whose auction closed on Wednesday, raised a combined Sh25.7 billion against a target of Sh25 billion, from bids of Sh33 billion.

07 November 2024 - LONDON, Nov. 7 (Xinhua) — The Bank of England (BoE) on Thursday reduced interest rates for the second time this year, setting the rate at 4.75 percent, a 0.25 percentage-point decrease from the previous 5 percent. This adjustment brings rates to…

07 November 2024 - The KRA recorded a shortfall in pay as you earn (Paye) taxes from the private sector, signalling the impact of a tough labour market on government revenue.

07 November 2024 - NAIROBI, Kenya, Nov 7 – Lazarus Muema has been appointed Chairman of Family Bank’s Board of Directors following regulatory approval, replacing the late Francis Mungai, who passed away shortly after his appointment. Muema has been with the bank…

07 November 2024 - Strategy works when you believe the market is about to fall (and your fears are borne out), losses on the portfolio are offset by the put option as it profits as prices fall.