Business

22 August 2024 - 'A development for sale model and specific to housing is unique because the asset itself is self-liquidating in the sense that when you sell a housing unit, by the time a customer pays you have...

22 August 2024 - The CBK has been paying the placing agents a commission of 0.15 percent of the value of the securities they sell on its behalf, net of five percent withholding tax.

22 August 2024 - Sahib runs his actuarial shop, Lux Actuaries and Consultants Kenya as their Executive Director

22 August 2024 - This period is also an eye-opener on managing his own affairs, away from the management of the band.

22 August 2024 - Mchana, which means daytime, is an irony. It’s a local that also feels like a lounge.

22 August 2024 - Up-and-comer Lorna Lemi played the titular character’s role

22 August 2024 - The key issue is to minimise your imperfections and maximise your potential

22 August 2024 - Margaretta was resurrected on screen in a 15-minute interview video by the Kenyan Theatre Arts

22 August 2024 - Several markets in Africa have responded to the entry of satellite operators in their markets by publicly classifying Starlink as ‘illegal’ within their territories.

22 August 2024 - SRC Commission Secretary Anne Gitau notes that the mandate of SRC is continuous “and not occasional as stated in the Bill.”

22 August 2024 - Farmers should be cushioned from supply and demand dynamics to protect crop production economics.

22 August 2024 - The government could have lost Sh62 billion in revenue in the last three years after an importer allegedly misdeclared the consignments in a bid to avoid paying the requisite taxes.

22 August 2024 - A parliamentary committee is investigating how the Central Bank of Kenya awarded a Sh14.2 billion contract for replenishing Kenya shilling notes to a German firm.

22 August 2024 - The team is tasked with monitoring emerging regional safety concerns and recommending forward-looking policies.

22 August 2024 - NEW YORK, Aug. 22 (Xinhua) — Ford Motor’s decision this week to kill a highly touted future electric vehicle is a sign that the industry’s pullback on electric vehicles is deepening, reported The Wall Street Journal (WSJ) on Thursday. The Dearborn,…

22 August 2024 - It's a relief to students who were left without health insurance after the expiry of the EduAfya school insurance scheme.

22 August 2024 - KRA initially budgeted Sh424 million for the two-year contract covering eight lots in its offices and residential houses.

22 August 2024 - KATHMANDU, Aug. 22 (Xinhua) — Nepal’s cabinet on Thursday lifted a months-long ban on the popular short-video app TikTok, a cabinet minister said. “The cabinet decided to lift the ban on TikTok under certain conditions,” said Prithvi Subba Gurung,…

22 August 2024 - NAIROBI, Kenya, Aug 22 – Real estate company AMG Realtors has announced that it will be venturing into the American market with the launch of a land investment offering in Dallas, Texas. The new investment, dubbed Kenya One, will cater to a diverse…

22 August 2024 - NAIROBI, Aug. 22 (Xinhua) — The setting up of critical infrastructure in Kenya’s Konza Technopolis, a smart city, has gathered steam to facilitate a digital and green economic transition that promises jobs and renewal, officials said. The smart city…

22 August 2024 - NAIROBI, Kenya, Aug 22 – NCBA Group net profit in the six months to June this year jumped by 5 percent to Sh9.8 billion, up from Sh9.4 billion recorded during the same period last year. Enhancement of customer experience and operational efficiency…

22 August 2024 - Due to factors like taxes and subsidies, diesel costs differ across different borders. For different African countries, each government levies its own set of taxes while having access to the same global petroleum prices. Retail prices for petroleum…

22 August 2024 - Kenya Electricity Generating Company PLC (KenGen) has assured the public of a continued stable supply of affordable Hydroelectric Power (HEP) even as the dry season beckons.

22 August 2024 - Nairobi, Kenya, Aug 22 – Chinese video sharing platform TikTok has unveiled its first-ever Sub-Saharan Africa Safety Advisory Council anchored on bolstering safety within the platform. This initiative is part of TikTok’s broader strategy to ensure…

22 August 2024 - 70 percent of the savings go into long-term savings and the balance into short-term savings.

22 August 2024 - This is part of the recently launched  National Road Safety Action Plan 2024-2028.

22 August 2024 - These are Sagana (Kirinyaga county), Kabati (Murang’a) Eldoret and Nasewa in Busia.

22 August 2024 - This is the first real estate firm from East Africa to enter into  the US.

22 August 2024 - Alipay's entry into the country's payments ecosystem would be a major boost for traders importing goods from China

22 August 2024 - Nigerians have triggered extreme Bolt surge pricing in Cape Town and Johannesburg, leaving many South Africans stranded due to unavailable and overly expensive rides.

22 August 2024 - Increased focus on higher and new taxes will not necessarily result in higher collections.

22 August 2024 - Profit dip was driven mainly by an increase in finance and operating costs and a higher tax burden.

22 August 2024 - AUG 22 – The second-largest diamond ever found – a rough 2,492-carat stone – has been unearthed in Botswana at a mine owned by Canadian firm Lucara Diamond. It is the biggest find since the 3,106-carat Cullinan diamond, found in South Africa in 1905…

22 August 2024 - NAIROBI, Kenya, Aug 22 – Smallholder tea farmers fertilisers are set to arrive in the country next month ahead of the short rains beginning in October. KTDA Management Services (KTDA MS) says that it ordered 97,000 metric tonnes (MT) of fertiliser…

22 August 2024 - NAIROBI, Kenya, Aug 22 – Tea farmers fertilisers are set to arrive in the country next month ahead of the short rains beginning in October. KTDA Management Services (KTDA MS) says that it ordered 97,000 metric tonnes (MT) of fertiliser for the 2024/…

22 August 2024 - There is hardly anything more uplifting than receiving aid from where one least expects it. Gestures such as this restore faith in humanity, given the slew of depressing headlines that liter the news. It is especially admirable to see such a culture…

22 August 2024 - The interim dividend signals another year of dividend increases from the lender.

22 August 2024 - This recognition comes after Munachimso Brian Nwana achieved the feat on April 25 in Abuja, Nigeria’s capital, where he sought to promote local cuisine. Munachimso Brian Nwana, a Nigerian food consultant and content creator, recently received…

22 August 2024 - Uganda’s ambition to become an oil-producing nation continues to gain ground as the country recently drilled 74 oil wells. 7 other oil wells are near completion as Uganda prepares to start producing oil in 2025. Additionally, the taxation of oil and…

22 August 2024 - NAIROBI, Kenya, Aug 22 – Mobility service provider AA Kenya has rolled out a USSD code to enable motorists to seamlessly sign up for membership with the company at a discounted rate. Motorists who sign up via the USSD code will be able to access…

22 August 2024 - Landlocked Niger has restarted crude oil exports through Benin after a previous dispute halted shipments via a newly constructed Chinese-funded pipeline.

22 August 2024 - The firm and three businessmen are embroiled in a dispute over the ownership of a piece of land in Machakos County.

22 August 2024 - The profit jump saw the lender declare an interim dividend of Sh8 per share.

22 August 2024 - Its local operations have been hit hard by a 77 per cent drop in motorcycle sales since 2022.

22 August 2024 - Absa Bank Kenya has announced plans to expand its reach with over 17,000 agency service outlets across the country in two years.

22 August 2024 - The new pay rate is lower than the Sh5,125 that farmers earned for a tonne of sugarcane in June.

22 August 2024 - KRA plans to roll out a new Artificial Intelligence-powered system to seal loopholes in tax collection amid pressure to meet higher collection targets to plug an ever-widening budget deficit.

22 August 2024 - Tempus Fugit! 2023 is here with us and like every new year, there is an air of hope about the prospects of the new year. If you are a business owner, you probably have a strategy for how you plan to grow your business beyond its 2022 fortunes. 

22 August 2024 - The diamond, discovered at the Karowe mine operated by Canada's Lucara Diamond Corp., has yet to undergo a thorough evaluation, leaving the quality of the gem uncertain.

22 August 2024 - Tesla has issued a recall for about 9,100 Model X sports utility vehicles in the U.S. over trim on the roof that could separate, it said on Wednesday, its second over the same issue since 2020.