Business

19 June 2024 - Studying medicine is often the peak aspiration of students who have passed their Kenya Certificate of Secondary Education exams.

19 June 2024 - Calls for enhanced collaboration and resource mobilisation.

19 June 2024 - The Industry's overal non-liability claims paid rose to Sh20.58 billion

19 June 2024 - Its attributed to stagnation in harvested area in the country.

19 June 2024 - Mining at Kwale is expected to end in December this year.

19 June 2024 - “Buda, tunaeza re-take hiyo shot tena? Nafikiri bado haijaingiana,” (Could we retake that shot? I feel it still lacks some oomph), says Eddie Butita in his usual heavy sheng intonation.

19 June 2024 - Bread and financial transactions, including credit and debit card issuance as well as foreign exchange dealings, have been spared from value-added tax.

19 June 2024 - Tax on production and importation of alcoholic drinks, fuel, cigarettes, cosmetics and cars have posted a rare drop.

19 June 2024 - The State is lobbying to hive off 1,000 hectares of additional land owned by the EAPCC in Athi River.

19 June 2024 - IHS targets to expand its affordable housing footprint with a Sh1.2 billion investment in 240 apartments in Limuru.

19 June 2024 - Interbank lending rates have fallen to a six-month low of 12.922 percent on reforms initiated by CBK.

19 June 2024 - The Parliamentary Finance Committee wants small businesses with a turnover of less than Sh1 million spared.

19 June 2024 - The National Assembly’s Finance Committee has rejected the Treasury’s proposal to allow the Kenya Revenue Authority (KRA) to spy on Kenyans’ M-Pesa transactions and bank account details.

19 June 2024 - Multinational tech firms that earn revenues locally without a physical office in Kenya got relief.

19 June 2024 - The ratio of Kenyans consuming short-form online news videos per week stands at 94 percent.

19 June 2024 - Hashi Energy is disposing of multiple assets, including parcels of land amid liquidation to pay off its creditors.

19 June 2024 - In the realm of taxation, governments often turn to various strategies to generate revenue while creating room for equitable distribution of the tax burden.

19 June 2024 - Kenya's exports have grown from Sh873 billion in 2022 to cross the Sh1 trillion mark in 2023, SMEs still do not feature prominently.

19 June 2024 - The trio undertook to develop an application dubbed Chumz, that would enable people to start investing with as little as five shillings.

19 June 2024 - Many businesses always outline cost-cutting measures to deal with low orders and sales.

19 June 2024 - The conference facilitates market linkages, business-to-business networking, and business mentorship for women entrepreneurs.

19 June 2024 - As June marks Men’s Mental Health Awareness Month, it is imperative to address a growing concern that has captured the nation’s attention—the use of Muguka.

19 June 2024 - The recent heavy rains exposed this unfortunate reality to many Kenyans who lost their homes after the unexpected downpour.

19 June 2024 - We have witnessed rapid advancement in technology from pristine laboratories with exacting conditions into our daily lives.

19 June 2024 - A housing co-operative society has filed an appeal, challenging the acquisition of a Sh15 billion 60-acre parcel of land.

19 June 2024 - While Kenya thrives as the hotbed for entrepreneurship in East Africa, still many complications flood the business start-up phase.

19 June 2024 - The Kenyan tech scene is experiencing an exponential boom.

18 June 2024 - Non-governmental organisations spent a total of Sh.197.9 billion on projects in the last financial year, report shows.

18 June 2024 - Despite the government being cash-strapped, State corporations are holding billions of shillings in commercial bank accounts.

18 June 2024 - Kenyan lenders like KCB Group and Equity Group have been eyeing Ethiopia as their next growth market and scouting targets as Addis Ababa seeks to attract international players.

18 June 2024 - Italians in Venice are up in arms against too many tourists. In Japan, there are restrictions on visiting Mt Fuji. In Kenya, we are struggling to hit five million tourists a year.

18 June 2024 - As a multihyphenate, entertainer and entrepreneur, Nick Cannon joined the list of speakers for the Forbes Under 30 Africa Summit in Botswana in May. The American actor, rapper and television host, popularly known for his Wildstyle Battles on the…

18 June 2024 - As US and European multinationals exit Nigeria, Asian and local companies are stepping in to fill the void.

18 June 2024 - The fast growth in internet penetration and smartphone usage has created new opportunities for Startups in Nigeria. Mobile technology is especially important since it enables companies to reach a larger audience, including those in remote locations. As…

18 June 2024 - 80 per cent of Kenya's population is aged 35 years and below.

18 June 2024 - Somalia has deposited its roadmap of fully integrating into the East African Community.

18 June 2024 - Twenty suspects among them directors of five companies are facing various tax fraud charges, including missing trader tax evasion scheme.

18 June 2024 - It exchanged at Sh128 on Tuesday.

18 June 2024 - JUNE 18 – Investment levels in the UK remain among the worst of the world’s richest nations and unless they improve it is hard to see how the economy will grow, a think tank has said. The Institute for Public Policy Research (IPPR) said total…

18 June 2024 - NAIROBI, Kenya, June 18 – Farmers and small business owners with a turnover below Sh1 million will now be exempt from electronic Tax Invoice Management System (eTIMS) registration. According to Finance Committee Chair Kuria Kimani, the change was…

18 June 2024 - NAIROBI, Kenya, June 18 – The government is proposing the removal of a 25 percent excise duty on vegetable oil under the Finance Bill 2024. The Kenya Association of Manufacturers (KAM), together with the Association of Edible Oil Manufacturers, opposed…

18 June 2024 - NAIROBI, Kenya, June 18 – Francis Mungai, who was last month appointed Family Bank Chairman, has passed on while receiving treatment in the United States. Mungai took over from long-serving chair Wilfred Kiboro who served in the post for over 12 years…

18 June 2024 - The event “Doing Business Angola 2024,” taking place this Tuesday in Lisbon, aims to examine the country’s business environment from a macro perspective, as highlighted by N’Gunu Tiny, founder of the Media9 group. In this second edition of DBA,…

18 June 2024 - The Prime Minister of Portugal, Luís Montenegro, will visit Angola in July this year as part of the Luanda International Fair (FILDA), announced the Portuguese ambassador to Angola, Francisco Alegre Duarte, moments ago in a message addressed to the…

18 June 2024 - NAIROBI, Kenya, June 18 – Networking in Heels has launched a podcast series aimed at empowering women, particularly in entrepreneurship. The podcast coming on the back of International Women’s Day also seeks to bolster women’s support networks. The “…

18 June 2024 - The government has backtracked on several controversial clauses initially proposed in the Finance Bill of 2024. The National Assembly's Finance Committee Chair Kimani Kuria announced major amendments to the proposed law after Kenya Kwanza MPS met…

18 June 2024 - President William Ruto on Tuesday, June 18, hosted the Kenya Kwanza Parliamentary Group meeting at State House. The PG ended with a resolution to amend the Finance Act of 2024 and scrap off unpopular sections in line with the public sentiments. Here is…

18 June 2024 - Live Blog: Kenyans hold protests over Finance Bill

18 June 2024 - Kenya is set to be the first country to test the near-space glider, Zephyr, a solar-powered device designed by Britain for military surveillance.

18 June 2024 - NAIROBI, Kenya, June 18 – The government has removed the 2.5 percent proposed levy on motor vehicles in the proposed Finance Bill 2024. Finance and Planning Committee chairperson Kimani Kuria stated in an address to the press that the earlier proposal…