08 August 2023
- The conundrum that taxpayers are grappling with is whether the new tax changes will apply as from July 1 when most provisions of the Act came into force or as from July 28 when the orders were...
07 August 2023
- An in-depth look at investment in some of the continent’s most promising entertainment industries reveals areas of growth, challenges and what the future might hold. Africa’s heartbeat is in rhythm with the passion, culture and creativity of its…
07 August 2023
- PARIS, France, Aug 7 – With corruption claims threatening to engulf his global business empire, French-Israeli billionaire Patrick Drahi said Monday that he felt “betrayed and deceived” by a small group of his colleagues. Swiss-based Drahi, whose…
07 August 2023
- MOMBASA, Kenya, Aug 7 – The Office of the Data Commissioner (ODPC) has opened a new office in Mombasa to provide data protection services in the coastal areas. The first regional office was opened today by Information, Communication, and the Digital…
07 August 2023
- Saving money in Kenya has never been easier. If you start exploring ways to do it, you will quickly notice that you are spoilt for choice. Many schemes promise significant returns and protection from inflation, some come with an insurance guarantee.…
07 August 2023
- Kenya Airways (KQ) and American firm Delta Air Lines on Monday announced an expansion of their partnership which will see customers get additional travel options within Africa and the United States of America.
07 August 2023
- NAIROBI, Kenya, Aug 7 – British Airways flight BA64, en route to London, was forced to return to Nairobi after the closure of Niger airspace. Flight data on Flightradar shows that the airline left Jomo Kenyatta International Airport (JKIA) and was to…
07 August 2023
- NAIROBI, Kenya, Aug 7 – The High Court has summoned the Energy and Petroleum Regulatory Authority (EPRA) Director General Daniel Kiptoo to show cause why he should not be held in contempt for disobeying the order on the Finance Act 2023. According to…
07 August 2023
- NAIROBI, Kenya, Aug 7 – The Government will put up 25,000 WI-FI hotspots in markets across the country. Information, Communication, and Digital Economy Cabinet Secretary Eliud Owalo said this is part of the administration’s digitization agenda. Owalo…
07 August 2023
- NAIROBI, Kenya, Aug 7 – Kenyan banks are set to hire more staff after the monthly minimum wage for entry-level positions was reduced by Sh32,000. The Kenya Bankers Association (KBA) CEO, Habil Olaka, said that the minimum monthly wages for entry-…
07 August 2023
- CAPE TOWN, Aug 7 – Cape Town’s public transport system has been paralysed by a minibus taxi strike that in a violent turn has seen two people killed, police said Monday, while leaving thousands of commuters stranded. Drivers of minibus taxis, the…
07 August 2023
- The recent coup in Niger has escalated tensions in West Africa as the junta defies ECOWAS’s deadline for reinstating President Mohamed Bazoum. Niger has closed its airspace following the expiration of a deadline imposed by the Economic Community of…
07 August 2023
- The Kenyan government has released new guidelines on important services including promising to reduce the number of days for processing passports. According to the new schedule, the government through the Interior Ministry has promised to process all…
07 August 2023
- The Pharmacy and Poisons Board (PPB) has warned Kenyan women and the public against using vaginal detox pearls, due to its health risks. The sale of pearls, popularly known as ‘Yoni’ has grown popular among social media users in Kenya. In a statement…
07 August 2023
- NAIROBI, Kenya, Aug 7 – President William Ruto said last night that his administration had to suspend milk importation from neighboring nations to protect the local dairy industry. In an interview with Inooro TV, the Head of State said that some well…
07 August 2023
- Through the initiative, customers can volunteer to round up their shopping bill by a few shillings and donate towards providing essentials for local communities. ‘Round Up Your Bill’ is available across all Carrefour stores in the country.
07 August 2023
- NAIROBI, Kenya, Aug 7 – The High Court has now set the hearing of 14 petitions challenging the Finance Act 2023 for September 13 and 14. Justices David Majanja, Christine Meoli and Lawrence Mugambi set in motion the hearing of the petitions during a…
07 August 2023
- Over 200 young techies from different learning institutions across the Nyanza region have benefitted from the Communications Authority of Kenya (CA) Cybersecurity Bootcamp and Hackathon Series 2023 program held in Kisumu. The joint initiative with…
07 August 2023
- NAIROBI, Kenya, Aug 7 – Police raided a warehouse belonging to WorldCoin cryptocurrency in Nairobi and carted away documents over the weekend. The officers went to the offices along Mombasa Road armed with a search warrant and left with machines they…
07 August 2023
- NAIROBI, Kenya, Aug 7 – Safaricom Ethiopia is set to receive funds from the World Bank Group after the closure of the transaction during a funding ceremony held in Addis Ababa, Ethiopia. The funds, which are in the form of equity investment, a loan,…
07 August 2023
- RIYADH, Saudi Arabia, Aug 7 – Oil firm Saudi Aramco on Monday announced profits of $30.08 billion for the second quarter, a sharp fall from the same period last year when prices surged after Russia invaded Ukraine. The 38 percent year-on-year…
07 August 2023
- During the week, T-bills were undersubscribed for the second consecutive week with the overall subscription coming in at 47.1%, up from 38.1% recorded the previous week. The undersubscription was largely attributable to the tightened liquidity in the…
07 August 2023
- At the NSE during the week, Longhorn was the leading gainer of the week, soaring 16.1 percent w/w to KES 2.45 while Britam was the leading laggard, plummeting 12.8 percent to KES 4.35. At the same time, all the top movers closed in the green. NCBA…
07 August 2023
- TOPLINE Billionaire Elon Musk—the owner of X, previously known as Twitter—made a broad offer in a tweet late Saturday night, saying the platform will fund legal fees for people who “were unfairly treated” by their employers because of something they…
07 August 2023
- Those wishing to buy shares this week have been urged to try NCBA Bank Kenya. Analysts from Genghis Capital say the bank’s shares are a BUY this week. “This week we issue a BUY recommendation on NCBA Group. We view the Group’s sustained earnings…
07 August 2023
- Imagine taking your aged father, mother, grandparents, or any relative to a home care owned by a church and later finding out that they are beaten, molested, raped, and treated worse than village dogs? Imagine the disbelief and that pain, and the…
07 August 2023
- Can you imagine paying up to 20 percent more for the electricity you did not use? Can you imagine your power being disconnected for non-paid bills only to turn out you paid but you are being disconnected for not paying for what you did not use?…
07 August 2023
- NAIROBI, Kenya, Aug 7 – President William Ruto has said the Kenya’s economy is stable and on track to grow. He said the Government is keen on building a solid economy through locally-generated resources. He noted that the Government has…
07 August 2023
- The 10th leg of the NCBA Golf Series went down at Muthaiga Golf Club over the weekend. It was an action-packed golf weekend that brought together more than 250 young and veteran golfers. When the sun went down, Evans Vitisia emerged victorious…