Business

15 August 2024 - Last year alone, the government spent over Sh400 billion in tax exemptions

15 August 2024 - CANBERRA, Aug. 15 (Xinhua) — Australia’s unemployment rate has risen to its highest level in over two years. According to official data published by the Australian Bureau of Statistics (ABS) on Thursday, the unemployment rate rose to 4.2 percent in…

15 August 2024 - The programme aims to provide accessibility to funds with the major aim being to grow local SMEs.

15 August 2024 - NAIROBI, Kenya Aug 15 – Kenyan mung bean or ndengu farmers will require licenses from the Agriculture and Food Authority (AFA) if a new Bill becomes law. The Mung Beans Bill 2022, seeking to promote growth and development of the mung bean industry,…

15 August 2024 - Political stability metric is a key concern for Kenya since investors are keen to watch how the country manages it.

15 August 2024 - The rise of Generation Z and Generation Alpha has disrupted traditional engagement models.

15 August 2024 - A good succession plan will set aside resources for training and capacity building for the next cream of leaders.

15 August 2024 - It may be only a matter of time before the constitutional court expunges the offending provisions.

15 August 2024 - Firm says KAA's failure to provide lounge space has seen it lose more than Sh300m of expected revenue.

15 August 2024 - New levy will see traders pay an extra Sh20,000 per truckload of maize and Sh50,000 for rice.

15 August 2024 - NSE is the Kenyan stock exchange. The word ‘NSE’ is a short form of the Nairobi Securities Exchange and not the Nairobi Stock Exchange, as many usually term it. Like the American NYSE, the New York Stock Exchange, the largest stock exchange in the…

15 August 2024 - Co-op Bank has welcomed the listing of its stock by the New York-based Morgan Stanley index as it posted a 7 per cent jump in net earnings to Sh13 billion for the first six months of the year.

15 August 2024 - Evidence shows that the fire was caused by Kenya Power’s power line.

15 August 2024 - HF is proposing to sell to shareholders three new shares for each held.

15 August 2024 - Factories say they are incurring up to Sh20,000 loss per tonne of product.

15 August 2024 - Legislators want Mr Wandayi to explain why the steam has been idle for the last 10 years.

15 August 2024 - The Kenya Association of Manufacturers (KAM) chief executive Anthony Mwangi has stepped down after two years at the helm of the representative organisation for manufacturing value-add industries in Kenya. The resignation of Mr Mwangi was announced in…

15 August 2024 - Unlike other animals, Dorper meat is well-marbled, with the fat evenly distributed rather than concentrated in a layer.

15 August 2024 - Kenya has for years been grappling with dubiously awarded contracts where taxpayers do not get value for money.

15 August 2024 - Their inclusion widens the pool of stocks visible to foreign investors, potentially boosting foreign inflows.

15 August 2024 - Pardis belongs to the Iranian Baha’i community that has, for the longest time, faced persecution in Iran.

15 August 2024 - For Kenya to return to her glory, the country must do more to provide a conducive environment for youth to thrive and earn from sports.

15 August 2024 - The higher base for basic salary was further boosted by raises in leave, housing, and shift allowances.

15 August 2024 - Araku story is an example of how globalisation can be leveraged to benefit the smallest farmer in a remote corner of the world through innovative financing models.

15 August 2024 - V******e against reporters and press photographers across Wajir County is worsening, with the last few months in particular leaving them fearing for their safety, the Media Council of Kenya (MCK) has warned. MCK, through its Chief Executive Officer…

15 August 2024 - The World Health Organization has classified the monkeypox (mpox) epidemic a worldwide emergency. This follows the disease's breakout in a number of African countries, notably in East Africa. In July, the governments of the eight member states of the…

15 August 2024 - The ministers rooted for the establishment of AU financial institutions, including the African Monetary Institute and the African Financial Stability Mechanism.

15 August 2024 - eCommerce platforms understand that to keep customers hooked, you need to strike while the iron is hot and make the buying process as smooth as possible.

15 August 2024 - Move is seen as a reflection of the success of the structural market reforms that have positively impacted Kenya's equity market.

15 August 2024 - Uganda is courting hoteliers at the Coast in its quest to grow the volume of fresh fruits exports to Kenya.

15 August 2024 - Women from pastoral communities have urged the government to make it easier for them to obtain official land titles.

15 August 2024 - The size of an average mortgage loan has grown by 25 per cent over the last decade, raising concerns about affordability for low- and middle-income earners.

14 August 2024 - Topline The World Health Organization declared an international health emergency Wednesday over an escalating mpox outbreak in Africa, joining the continent’s top public health body—warning the disease could snowball without immediate steps to…

14 August 2024 - Stellenbosch FC’s Junior sides are consistently among the best in South Africa. It has only been getting better and better for Stellenbosch FC, slowly building a club of huge potential on the back of realistic ambition, patient approach, and all on a…

14 August 2024 - AUG 14 – Consumer prices in the US rose at the slowest pace in more than three years last month, bolstering the case for the central bank to start cutting interest rates. Overall, prices rose 2.9% over the 12 months to July, the smallest annual…

14 August 2024 - AUG 14 – Confectionery giant Mars has struck a deal to snap up Pringles and Pop-Tart-maker Kellanova for nearly $36bn (£28bn). The firms called it the biggest snacking buyout this year, while legal experts don’t expect any objections from regulators…

14 August 2024 - Fluctuations in exchange rates, impediment in local commerce and weak investment ecosystems are some of the issues currently plaguing a few African countries. This in hindsight is partly due to currencies that are way below their intended value.…

14 August 2024 - NAIROBI, Kenya, Aug 14 – EPRA has maintained petrol, diesel, and kerosene prices at Sh188.4, Sh171.6, and Sh161.75, respectively, in Nairobi for the next one month starting midnight. A litre of super petrol remained constant despite a 1.06 percent…

14 August 2024 - Fuel prices are critical in determining the cost of services and goods in the Kenyan economy.

14 August 2024 - Nigerian content creator, Munachimso Brian Nwana has broken the Guinness record for most restaurants visited in a day.

14 August 2024 - The National Assembly voted on Wednesday to confirm Dorcas Agik Oduor as the attorney general, officially making her the first woman to hold the post and filling the vacancy left by Justin Muturi, who President William Ruto dismissed alongside all…

14 August 2024 - He promised to work with all stakeholders to streamline the sector.

14 August 2024 - First Assurance, a leading insurance company in Kenya, has introduced a new medical insurance product aimed at transforming healthcare access for small and medium-sized enterprises (SMEs).

14 August 2024 - Startups across the world and majorly in Africa faced various challenges in the past decade leading to most of them closing shop.

14 August 2024 - The IMF has been blamed for punitive taxes such as the 16 percent value-added tax (VAT) on fuel.

14 August 2024 - WASHINGTON, Aug. 14 (Xinhua) — U.S. consumer inflation in July increased 2.9 percent from a year ago, after climbing 3.0 percent in June and 3.3 percent in May, the U.S. Labor Department reported Wednesday. According to the report released by the…

14 August 2024 - NAIROBI, Kenya, Aug 14 – Alando has been named as the new CEO of the Kenya Association of Manufacturers (KAM), taking over from Anthony Mwangi, who has stepped down. Alando, an insider, was serving as KAM’s Chief Operating Officer until his…

14 August 2024 - The firm was hit by multiple shocks in the year.

14 August 2024 - Africa is seeing tremendous urbanization, with cities growing at unprecedented rates. This urban expansion increases demand for housing, and by extension profit for landlords. Cities with rapid population growth frequently see increased rental…

14 August 2024 - Steve buys the leather from Kariokor in Nairobi and develops the designs for the different shoes.