Business

26 September 2024 - Miano said the incentives include duty exemption to hoteliers and restaurants on imported items under East African Community Customs Management Act, 2004.

26 September 2024 - President William Ruto's administration has started negotiations with the United Arab Emirates (UAE) to get a Ksh193 billion ($1.5 billion) loan to help bridge the budget deficit after Kenya failed to acquire a loan from the International Monetary…

26 September 2024 - The government has issued an urgent directive to universities after it emerged that the number of first-year university students stuck at home over failure to raise fees under the new university model hit 50,000. 

26 September 2024 - The government has issued a tender worth Ksh7.6 billion for the construction of a Bus Rapid Transport (BRT) line along the Outer Ring Road.In a notice published by the Kenya Urban Roads Authority (KURA) on Tuesday, September 24, the line will be…

26 September 2024 - Kenyan motorists have been handed a sigh of relief after the Court of Appeal barred the Insurance Regulatory Authority (IRA) from setting a minimum premium price on motor vehicle insurance. This means the market will continue to determine…

26 September 2024 - Buying a car is an exciting milestone, but it’s also a complex process that requires careful planning, especially when importing one from abroad. Planning for all the taxes, fees, and incidental costs that come with the process is essential so you…

26 September 2024 - I know most people judge women harshly for leaving men because of financial reasons. What most do not realise is that it’s not only because of the situation the person is at the moment. I have often heard stories of people who live lavish…

26 September 2024 - Mwalimu National Sacco is among the leading savings and credit cooperatives in the country that recorded poor financial health for the fiscal year 2023 according to a report filed by the Sacco Societies Regulatory Authority (SASRA).

26 September 2024 - The government through the Ministry of Labour announced on Thursday, September 19 that it has reduced the pre-departure period for skilled migrant workers, among a series of reforms targeting the recruitment and deployment process for Kenyans…

26 September 2024 - Taxes and fees significantly affect the total amount you'll pay or receive in land transactions, and not being aware of these costs can lead to unexpected financial strain. You may find yourself over budget, scrambling for extra funds, or even…

26 September 2024 - The Adani Group has dismissed allegations that it pushed for speedy approval of plans to take over the Jomo Kenyatta International Airport (JKIA) in a multi-billion deal that would see the global conglomerate operate East Africa's largest airfield…

26 September 2024 - My Niece Yvonne is addicted to ‘soft life’ and I blame myself for letting her indulge. Yvonne is my eldest sisters’ first of two children and given all we went through as kids, I treat all my nieces and nephews as my own kids but sometimes tough…

26 September 2024 - Egypt’s local smartphone market has been expanding of late and is now seeing double-digit growth in 2024, courtesy of favourable policies, such as tax breaks and infrastructure improvements, implemented by the government.

26 September 2024 - South Africa’s household net wealth increased in the second quarter of 2024 as the market valuation of their total assets exceeded that of their total liabilities.

26 September 2024 - Bank should have ensured that inaccurate personal data is erased or rectified, data commissioner says.

26 September 2024 - NAIROBI, Kenya Sept 26- Absa Bank Kenya on Thursday hosted entrepreneurs, industry experts and key stakeholders for an empowerment forum in Mombasa to explore business opportunities for Small and Medium Enterprises (SMEs) in the coastal region.…

26 September 2024 - The job has also attracted Ms Kiringai, a commissioner at the Commission of Revenue Allocation (CRA).

26 September 2024 - Kenyan lenders have stayed ahead of the curve in compliance with environmentally sustainable goals, applying global best practices and pre-empting regulatory changes ensuring stability despite evolving changes.

26 September 2024 - The leander has sanctioned nine projects apiece in Kenya and neighbouring Uganda since 2013

26 September 2024 - A bungled rescue mission in Lake Turkana and questionable recruitment of 30 staff are what led to the ouster of former Kenya Maritime Authority Director General Martin Munga.

26 September 2024 - Provision for adequate ventilation, a sink, and a cooking slab or fireplace are mandatory requirements in the new National Building Code

26 September 2024 - Lack of access to information on cross-border trade regulations, capital constraints and market access barriers are limiting the growth of women-led businesses in Kenya and the continent, AGRA now says.

26 September 2024 - KQ, Jambojet flights at JKIA affected after a fuel supply snag occasioned by maintenance of hydrants, KAA says issue resolved and normal airport activities have resumed.

26 September 2024 - The sports betting market in Africa is huge with many dedicated end-users who spend a considerable amount on different platforms which may be online or offline.

26 September 2024 - Exxon Mobil Corp has announced plans for a $10 billion investment in offshore oil operations as part of a renewed push in Nigeria, Africa's fourth largest economy.

26 September 2024 - The debt is expected to increase access to affordable credit for MSMEs in Kenya, as it is provided on concessional terms.

26 September 2024 - The success of African athletes across multiple sports in the last decade has shone a spotlight on the potential of the continent for excellence. The commercial case is also clear. Africa is set for a sporting boom in the next decade that can be a…

26 September 2024 - EABX is yet to begin operations eight months after it was granted a permit to run an over-the-counter (OTC) bond trading platform.

26 September 2024 - "Kenya is diversifying its sources of budget support," said the source, adding the "deal is as good as done."

26 September 2024 - NAIROBI Kenya, Sep 26 – Jambojet expects a fuel shortage that was experienced early in the day to disrupt flights throughout the day. In a notice, the airline attributed this to the fuel supply at the Jomo Kenyatta International Airport. It has,…

26 September 2024 - Kenya Airports Authority says disruption due to extended maintenance of fuel hydrants.

26 September 2024 - Agricultural experts have now cautioned that proposed taxes and new regulations could threaten smallholder farmers viability and Kenya's food security.

26 September 2024 - Interest rates on the government's overdraft facility, through which Treasury borrows directly from CBK increased by 87 per cent over the financial year to June 2024

26 September 2024 - NAIROBI, Kenya, Sept 26 – Schneider Electric, a player in energy management and automation, has unveiled the Building Decarbonization Calculator, an online tool designed to assist building owners and operators in exploring a variety of Energy and…

26 September 2024 - Shorter working hours can be a boon for both individuals and society, offering several key benefits that address the challenges posed by extended work hours in many African countries. While long working hours have its benefits, it also comes with…

26 September 2024 - NAIROBI, Sept. 26 (Xinhua) — Kenyan Deputy President Rigathi Gachagua on Wednesday emphasized the urgent need to unlock the vast opportunities presented by the digital economy for African countries, highlighting its potential to create jobs and…

26 September 2024 - TOKYO, Sept. 26 (Xinhua) — Japan’s Suzuki Motor Corp. is planning to expand its car dealership network in India by 70 percent, aiming for around 6,800 dealership stores by 2030, local media reported. The company intends to increase its presence in…

26 September 2024 - NAIROBI, Kenya, Sept 26 – Two of Kenya’s top banks, Kenya Commercial Bank (KCB) and Equity Bank, have been ranked among Africa’s top 300 finance champions but experienced declines in their standings due to ongoing issues with credit quality.…

26 September 2024 - NAIROBI, Kenya, Sep 25 – Chinese phonemaker Xiaomi Kenya has unveiled a new smartphone called Redmi 14C with expanded features and extra accessories. The new unit, which features an 8.22mm ultra-slim body with a flat frame and a circular camera…

26 September 2024 - The Bank of Tanzania is looking to put a lid on the liberties enjoyed by non-deposit digital platforms, specifically those that fall under Tier 2. This is a result of the conduct of some of these platforms which have led to distressing…

26 September 2024 - The Redmi 14C is available starting at just Sh13,699.

26 September 2024 - A Kenyan bank has been directed to release Sh26 million to a construction company after it won a battle against the Somali government.

26 September 2024 - Live: Joint funeral service for Endarasha Hillside Academy pupils in Nyeri

26 September 2024 - The government is set to roll out the Social Health Authority (SHA) on October 1, 2024, automatically phasing out the National Health Insurance Fund (NHIF). SHA will deliver its mandate through three funds including the Primary Healthcare Fund (…

26 September 2024 - Timeless design is coveted for its promise of enduring beauty and value.

26 September 2024 - The latest filings by electricity distributor show that contracts will run until 2025.

26 September 2024 - The Chief Economists Outlook by the World Economic Forum cited Kenya as an early causality.

26 September 2024 - For over five decades, the Kenyatta International Convention Center (KICC) has been the region's premier conference center.

26 September 2024 - A key tenet of any investment is diversification with real estate being an essential component.

25 September 2024 - Kenya, which is awaiting a long-delayed $600 million (Sh77.5 billion) IMF tranche, is in a dire need for funds.