Business

07 June 2024 - FORBES AFRICA attended the second edition of the Benin International Arts Festival and found the tiny West African nation to be a hub of creativity with an emerging pool of talent. As the sun dipped below the horizon, casting its glow over the streets…

07 June 2024 - It is likely to have a serious implication on the balance sheet and economic growth.

07 June 2024 - Kenyans have resorted to where they can easily access their money away from financial institutions

07 June 2024 - Banks are strongly inclined towards medium-sized enterprises, directing 86% of loan accounts to this segment

07 June 2024 - Africa is increasingly becoming a hub for innovation and entrepreneurship. With a young population, increased internet reach, and a rising middle class, the continent is primed for a startup boom. Several African countries have emerged as attractive…

07 June 2024 - TOPLINE The Federal Trade Commission is probing Microsoft’s recent deal with artificial intelligence startup Inflection AI to examine if the tech giant deliberately structured it in a manner that would avoid an antitrust review, the Wall Street Journal…

07 June 2024 - NAIROBI, Kenya Jun 6 – The Civil Registration Services (CRS) department has committed to putting up a 3-year plan to ensure smooth operations of the offices in all 290 constituencies across the country. Appearing before the Regional Development…

07 June 2024 - EPRA says it will advice ministry by June 30.

07 June 2024 - These startups will undergo a three-month capacity-building program

07 June 2024 - Visa application centres significantly boosted job creation in 2023, sustainability report shows

07 June 2024 - TOKYO, June 6 (Xinhua) — Japanese auto giants Toyota and Mazda suspended production of five car models on Thursday due to fraudulent practices discovered in national certification tests, in the wake of a cheating scandal among five major Japanese…

07 June 2024 - NAIROBI, Kenya, June 7 – At least 200 youthful entrepreneurs participating in the Jiinue Growth Program (JGP) received specialized business training on the first day of the inaugural Eldoret Business Summit 2024, held at Rupa Mall, Eldoret. The two-day…

07 June 2024 - NAIROBI, Kenya,June 7 – Swaroop Rao Ponangipalli and Ponangipalli Venkata Ramana Rao have been appointed as joint administrators by Trance Towers Limited. In a notice, the company announced that it has ceased all the powers of the directors in charge…

07 June 2024 - Fady Rostom won’t reveal himself easily. He hides behind a curtain of withering self-deprecation and truly atrocious dad jokes.

07 June 2024 - The Hustler Fund issued Sh465 million loans to 809,351 Kenyans who had not registered for the product.

07 June 2024 - Banks have warned of higher costs of transacting if Parliament approves the proposed value-added tax.

07 June 2024 - Kenya will use part of the Sh156.8 billion loan it recently secured from the World Bank to clear the outstanding balance of Sh65.3 billion ($500 million) from its debut Eurobond.

07 June 2024 - Kenya Airways took up the loan to finance the purchase of seven aircraft and an engine.

07 June 2024 - Telkom Kenya has urged Parliament to block the increase of excise duty on internet data charges.

07 June 2024 - Soft drinks makers have urged Parliament to block a proposal to impose a 10 percent tax on locally manufactured plastics.

07 June 2024 - SGR will get Sh901 million from the exchequer in the new financial year starting July 1.

07 June 2024 - The US wants Kenya to tighten rules on environmental protection and conserving natural resources.

07 June 2024 - The Business Daily talked with John Mativo, the managing director of the Kenya Electricity Transmission Company.

07 June 2024 - Parliament has accused the National Treasury of setting an unrealistic revenue target in the budget.

07 June 2024 - Quiver Lounge said on Thursday it is suspending Quiver Lounge Kitengela’s boss amid an investigation into allegations of sexual misconduct that he was forcing young female bartenders to sleep with him for promotions and better working conditions at the…

07 June 2024 - Taxpayers forked out Sh17.4 billion to service a Kenya Airways (KQ) loan.

07 June 2024 - CBK has said it will not cut its indicative lending rate just yet.

07 June 2024 - CBK will earn a total of Sh12.62 billion in interest from emergency lending to the National Treasury.

07 June 2024 - The government has allocated Sh612.7 million to build a power line to connect Marsabit to the national grid.

07 June 2024 - Kenya’s capital Nairobi has improved as one of the most preferred cities for startup investments.

07 June 2024 - Tax experts have called for the rejection of a planned new tax on the transfer of family estates.

07 June 2024 - A former Kenya Navy officer and two others have been arrested and face multiple counts following the theft of a tuktuk in Kamulu in Ruai, Nairobi County. The three, Peter Kamau Muniu (the ex-naval officer), Timothy Irungu Karimi and Antony Maina…

07 June 2024 - The proposed imposition of 16 percent VAT on imported aircraft and drones will spell doom for the local aviation industry.

07 June 2024 - At the ArtCaffe on Rhapta Square, Westlands, there is a small wine-shop (cellar) on the ground floor.

07 June 2024 - The Finance Bill 2024 will change the Kenyan economic and business environment way beyond recognition.

07 June 2024 - Kenya has been actively working to join countries reaping the benefits of nuclear energy.

07 June 2024 - It has been almost four decades since Cyndi Lauper recorded her signature songs.

07 June 2024 - Kenyan audiences have been enchanted by the award-winning musicals of Andrew Lloyd Webber ever since the 1970’s.

07 June 2024 - Munene Kariuki is a visionary and a realist combined.

07 June 2024 - In my previous article, I highlighted the buy or sell spread trades.

07 June 2024 - I use the word “revert” because prior to 1977, all oil exports to Great Lakes countries were done by Ugandan oil companies from Kampala.

07 June 2024 - Eldoret town will be granted a charter in August this year after the Senate gave the approval last year.

06 June 2024 - Business activities rose strongly in May, implying a positive outlook despite the ravages of floods in parts of the country.

06 June 2024 - The Health sector was among the winners with an allocation of Sh126.8 billion.

06 June 2024 - To stay relevant in this AI-driven era, individuals must focus on upskilling, embracing creativity, and honing people skills.

06 June 2024 - TOPLINE Here’s the latest news about a global outbreak of H5N1 bird flu that started in 2020, and recently spread among cattle in U.S. states and marine mammals across the world, which has health officials closely monitoring it and experts concerned…

06 June 2024 - Afreximbank has disbursed $925 million to Nigeria's state-owned NNPC as part of a syndicated $3.3 billion crude oil-backed prepayment facility.

06 June 2024 - The Anti-Counterfeit Authority (ACA) has unveiled a new platform that will monitor intellectual property as it seeks to tighten controls on counterfeit products.

06 June 2024 - In a statement, the CBK said inflation was expected to decline further in what would be a huge relief for cash-strapped Kenyans.

06 June 2024 - NAIROBI, Kenya, June 6 – Award-winning Ghanaian-British entrepreneur and philanthropist Basil David Anthony is in Kenya to scout for talent for various entrepreneurial projects. Anthony, who arrived on Sunday, is a well-known and celebrated African…