Business

12 July 2024 - Euros dominated Kenyas borrowing in the commercial market in the period.

12 July 2024 - Want shipping line to recall decision saying it will increase cost of doing business.

12 July 2024 - The development follows the gazettement of Legal Notice No.167 of 2024 by the East African Community.

12 July 2024 - A close look at this year’s profile reveals the stable rise of smart women who can stand on their own and make an impact in male dominated sectors.

12 July 2024 - Cavenagh obtained a court order blocking fellow shareholders Christopher Gordon Horsey and David Horsey from dealing with the shares at First European Finance Investments Limited (FEFI), a...

12 July 2024 - The lobby says the proposal could have negative consequences on the country's growing digital economy. CAK currently reviewing public comments on the draft bill.

12 July 2024 - To summarise, whether you think a reverse stock split is good or bad, that’s down to your choice.

12 July 2024 - 'Consultancy was rough at the beginning but then I got so many referrals I couldn’t handle it.'

12 July 2024 - One student who was chosen to be the star and solo singer was Maya Monte as Rafiki who also played the part of the prophetess.

12 July 2024 - Total credit to the sector fell by Sh38.8 billion to Sh597.9 billion in three months to the end of March from Sh636.7 billion in December 2023.

12 July 2024 - 'Countries need to look at their areas of strength, whether agriculture, manufacturing, ICT, or innovation and maximise those areas.'

12 July 2024 - Mr Harry Stephen Arunda says in a petition at the Employment and Labour Relations Court that WIBA entails questions of negligence under the law of torts and cannot.

12 July 2024 - In a functioning democracy, the passage of a Finance Bill is a critical step in ensuring that a country's budget and fiscal policies are effectively implemented.

12 July 2024 - Eight per cent were targeted and fell victim to these schemes.

12 July 2024 - National and county governments should have a genuine dialogue on how to cut waste and optimise value from tax revenues.

12 July 2024 - KNBS data shows that rice production at the main Mwea scheme increased to 137,769 tonnes in 2023 from 153,654 the previous year because the number of plot holders grew from 10,024 to 11,488...

12 July 2024 - An analysis of bonus payments published on respective annual reports by the firms shows that their top executives took home Sh734.7 million in the 2023 financial year, down from Sh816.3 mullion...

12 July 2024 - Many tanker owners and container shipping operators have suspended voyages through the Red Sea because of militant disruptions.

12 July 2024 - A total of 17,100 shares changed hands at a range of between Sh49.6 and Sh60 –which is still below the buyout price.

12 July 2024 - The government and businesses in Kenya are devoting significant attention and capital to environmental sustainability.

12 July 2024 - President Ruto chose her as a member of the task force on auditing public debt.

12 July 2024 - YG Marley’s debut single Praise Jah in The Moonlight, featuring a haunting sample of Bob Marley’s Crisis from the Kaya album has been one of the biggest hits of 2024, largely due to its...

12 July 2024 - Deforestation, and industrial development have pushed them out of the forest, forcing them into civilisation, a noisy life that they term difficult to survive in.

12 July 2024 - Under guidelines by the taxman, all the taxable items attract levies at rates determined by the value of money paid at a foreign country rather than factors such as quality, size, or weight, the...

12 July 2024 - Dr Ruto’s Cabinet comprised one of the richest people in the nation, with Prime Cabinet Secretary Musalia Mudavadi topping the list with a Sh4.4 billion net worth.

12 July 2024 - Small time traders are rapidly eating into the market that was traditionally preserved for these e-commerce giants, thanks to social media platforms like TikTok and Instagram.

12 July 2024 - Aleph Hospitality manages hotels directly for owners or on a franchise basis for branded properties.

12 July 2024 - The agency has cited Kenya—alongside Uganda and Ghana—as countries in Africa that have reportedly prohibited imports of digitalisation-related waste, including second-hand items.

12 July 2024 - Auditor-General Nancy Gathungu (right) says the institution had capital work in progress totaling Sh229,069,813 incurred in respect of the Rwanda campus.

12 July 2024 - The taxman says 2,617,111 taxpayers were granted amnesty in the period under which the agency waived penalties, interest, and fines on debts where the taxpayers had paid the full principal tax...

12 July 2024 - Equity Bank and M-Pesa, a popular mobile money transfer service, are increasingly rivalling tea and flowers as Kenya’s leading exports.

12 July 2024 - The leaking roofs not only elicited public criticism during rains late last year and early this year, but also tainted the country’s image.

12 July 2024 - According to a survey by the National Bureau of Statistics, Nigerian officials are demanding and receiving bribes to deliver public services.

11 July 2024 - From fintech to foodtech solutions; from beauty brands to biotech infusions, FORBES AFRICA’s inaugural list of Small Giants across Africa showcases the tenacity of homegrown businesses and their impact on the communities they serve. Their pan-African…

11 July 2024 - Helicopters are not parked or stored anywhere. They need a secure hangar.

11 July 2024 - Five years down the line, there is almost not much of a tale to tell when numbers are put into perspective. When mortgage loan accounts for 2019 and 2022 are juxtaposed, it's a drop.

11 July 2024 - The latest audit of the taxman's books of account reveals glaring discrepancies in collections and outstanding refund claims with an under-declaration of revenues amounting to Sh490 billion.

11 July 2024 - Outstanding bills as of December 31, 2023, were Sh162.4b. The updated bills as of June 30, 2024, stood at Sh165b.

11 July 2024 - The bank has issued a wines and spirits tender for its Kenya School of Monetary Studies. Questions abound over the necessity of lavish purchases in the current economic climate.

11 July 2024 - Mali's military junta has lifted a suspension on political party activities, the council of ministers announced late Wednesday.

11 July 2024 - According to the Food and Agriculture Organization of the United Nations (FAO) and World Food Programme (WFP), severe food insecurity is expected to worsen in 18 hunger hotspots. A few of these hotspots are in Africa, highlighting numerous factors that…

11 July 2024 - Uganda has joined a growing list of African countries turning to gold to support their currencies.

11 July 2024 - A customer experience survey across Kenya's banking sector has found that customers prioritize excellent service over cost considerations when selecting their preferred banking channels.

11 July 2024 - The 2,700 square meter lounge can host up to 1,000 guests

11 July 2024 - JULY 11 – Samsung is hoping to lure fitness and health-tracking technology lovers with its newest wearable device – the Galaxy Ring. It launched the device at its Galaxy Unpacked event on Wednesday as the latest addition to its ecosystem of devices it…

11 July 2024 - JULY 11 – The UK economy grew faster than expected in May helped by a strong performance from retailers and the construction industry. The economy expanded by 0.4%, rebounding from zero growth in April when wet weather put off shoppers and slowed down…

11 July 2024 - Following the debacle within Nigeria’s oil sector, oil regulators have reached an agreement with oil producers to stabilize the sector. The deal would ensure that domestic refineries would be able to buy crude at market prices. There has been concerns…

11 July 2024 - President William Ruto has fired all Cabinet Secretaries and the Attorney General Justin Muturi save for Prime Cabinet Secretary Musalia Mudavadi.

11 July 2024 - The green project is worth Sh69.4 million

11 July 2024 - Kenyan President William Ruto has sacked his entire cabinet except for the foreign minister following widespread anti-government protests.