Business

20 May 2024 - The airline has a policy that allows customers to seek refunds for cancelled flights or those delayed by more than eight hours.

20 May 2024 - Employees will also be informed about important payroll deadlines.

20 May 2024 - NAIROBI, Kenya, May 20 – The Kenya Association of Manufacturers (KAM) has raised alarms over the government’s proposal to increase the Import Declaration Fund (IDF) from 2.5 percent to 3.0 percent.  KAM argues that the move will significantly elevate…

20 May 2024 - Opposition leader Raila Odinga's foot soldiers led by ODM chair John Mbadi have vowed to rally their members to reject the Finance Bill 2024.

20 May 2024 - The Director of Public Prosecutions (DPP) Renson Ingonga has withdrawn Sh1 billion theft charges against former executives of Britam Insurance, among them Edwin Harold Dande.

20 May 2024 - NAIROBI, Kenya, May 20 – Individual and firms importing dirty palm oil for repackaging before selling will face higher taxes as the state moves to introduce new taxes on such commodities. According to local manufacturers, the government’s move to…

20 May 2024 - NAIROBI, Kenya, May 20 – Business support NGO TechnoServe has unveiled the Millers for Nutrition Program, an industry-led coalition to support millers and the nutritional value of the communities served. The initiative, which will be rolled out in Kenya…

20 May 2024 - South Africa’s apex court has ruled that former President Jacob Zuma is ineligible to run as a candidate for parliament in the upcoming elections this month.

20 May 2024 - Immigration department issued 404,028 passports in 2023

20 May 2024 - This was 39% increase compared to a similar period the previous year.

20 May 2024 - NAIROBI, Kenya, May 20 – Online lending platform Tala has been listed on CNBC and Forbes prestigious global lists for advancing innovation in the digital space. This is the eighth time that the Francisco-based company appears on Forbes’ Fintech 50 list…

20 May 2024 - Low fuel prices in Africa creates the necessary cushion needed to relief an already financially stressed economic situation. In many African countries fuel costs influence many aspects economy, and as such must be regulated. The lower the better, as…

20 May 2024 - Hunger and Safety Net Programme expected to increase to Sh4.2 billion this financial year.

20 May 2024 - The average monthly salary for state workers stood at Sh52,158

20 May 2024 - By Pieter Prickaerts NAIROBI, Kenya, May 20 – One of the concerns in the health insurance industry is the increase in claims frequency in recent years, consequently leading to additional increases in costs. The increase in claims has intensified the…

20 May 2024 - Money transferred between subscribers increased to Sh5.5 trillion in 2023.

20 May 2024 - The rebound of the agriculture sector lifted the economic growth last year to 5.6 percent from revised 4.9 percent in 2022.

20 May 2024 - It will also cut carbon dioxide emissions by more than 30%.

20 May 2024 - On Sunday, the army of the Democratic Republic of Congo successfully thwarted an attempted coup. Among the coup plotters were three Americans as recently confirmed. These foreigners are said to be in the custody of the specialized services of the Armed…

20 May 2024 - Launched in June 2023, the program is aimed at uplifting the digital economy in Africa.

20 May 2024 - The Kenya National Chamber of Commerce and Industry (KNCCI) has raised concerns over the proposed imposition of a Ksh.2 million penalty for non-compliance with the Electronic Tax Invoice Management System (eTIMS) as outlined in the proposed Finance Bill…

20 May 2024 - NAIROBI, Kenya, May 20 – The Government says the Kenyan economy has recorded a significant bounce back after it reported a GDP growth rate of 5.6 percent in 2023, up from a revised 4.9 percent. A newly released 2024 Economic Survey Report shows the…

20 May 2024 - NAIROBI, Kenya, May 20 – Effective governance and financial control provide an apt opportunity for businesses to identify distress, the latest Deloitte Restructuring Survey has revealed. The survey themed ‘Early Identification of Distress’ stresses that…

20 May 2024 - TOPLINE Iranian President Ebrahim Raisi and the country’s foreign minister were found dead Monday morning at the site of a helicopter crash, state media confirmed, following an hours-long search for the wreckage in Iran’s mountainous East Azerbaijan…

20 May 2024 - VIENTIANE, May 20 (Xinhua) — Smoking-related illnesses kill 6,700 people annually in Laos, according to Laos’ Ministry of Health. “About 18 people in Laos die each day from smoking-related illnesses, equal to 6,700 people a year. The death rate from…

20 May 2024 - NAIROBI, Kenya, My 20 – Kenya and the United States of America (USA) have agreed to complete ongoing trade negotiations under the Strategic Trade and Investment Partnership (STIP). This was said during the fifth round of STIP negotiations between USA…

20 May 2024 - The tragic crash of a helicopter carrying Iranian President Ebrahim Raisi, and other officials, in northwestern Iran on Sunday has resulted in a devastating loss for the country.

20 May 2024 - MAY 20 – China will have no choice but to take retaliatory measures against the European Union if the bloc continues its anti-subsidy investigations targeting Chinese companies, the Chinese Chamber of Commerce to the EU says. The CCCEU, which represents…

20 May 2024 - Nairobi imported goods worth Sh2.6 trillion.

20 May 2024 - NAIROBI, Kenya, May 20 – Mi Vida Homes, a property developer, targets growing home sales through sacco members. Already, the firm has partnered with Kimisitu Sacco, allowing its members to invest in its residential projects within Garden City, Nairobi.…

20 May 2024 - NAIROBI, Kenya, May 20 – FaidiHR, a cloud Payroll and Human Resource (HR) Platform Provider, has launched its flagship mobile application designed to empower employees and enhance their payroll and HR experience.  The app, dubbed “FaidiHR App,” is aimed…

20 May 2024 - The Central Bank of Nigeria (CBN) has instructed banks and other financial institutions to halt the implementation of the 0.5 per cent cybersecurity charges on electronic transactions.

20 May 2024 - ABUJA, May 20 (Xinhua) — Nigerian President Bola Tinubu on Sunday has appointed Ajuri Ngelale, his main spokesman, as Nigeria’s first-ever special presidential envoy on climate action. The appointment reinforces the stance of Tinubu’s government on…

20 May 2024 - NAIROBI, Kenya, May 20 – Those working as information, communication, and technology (ICT) professionals will now be required to get a license to operate if the proposed ICT Authority Bill 2024 is enacted into law. The legislative proposal by the…

20 May 2024 - In creating a successful financial habit, there are many ups and downs. And the downtimes could be more than the ups before one figures their journey out. We all struggle with consistency from time to time - and that's where the financial buddy system…

20 May 2024 - The charred wreckage of the helicopter which crashed on Sunday was found early on Monday.

20 May 2024 - The charred wreckage of the helicopter which crashed on Sunday was found early on Monday.

20 May 2024 - MAY 21 – Solar panels are among the Chinese products causing tensions with Washington and Brussels China has launched an anti-dumping probe into imports of a widely used plastic from the US, EU, Taiwan and Japan. The announcement from the Ministry of…

20 May 2024 - NAIROBI, Kenya, May 20 – Marsabit County Governor Mohamud Ali has been ordered to provide information and records on a 300 megawatt (MW) wind farm project by the China Water and Electricity Company within 7 days. This follows an application request…

20 May 2024 - The increased output hands consumers price relief for four consecutive months.

20 May 2024 - The cost of a 400-gram loaf of bread could increase by about Sh10.

20 May 2024 - The age distribution of workers at NSSF reflects the problem of an ageing workforce.

20 May 2024 - Co-op Bank profit increased to Ksh6.58 billion for the first quarter of 2024 as its strategic focus on sustainable growth and resilience continues to bear fruit.

20 May 2024 - FRC has flagged foreign ownership of some local banks in Kenya as presenting terrorism financing risks.

20 May 2024 - Safaricom doesn’t feel any pressure to implement the hive-off, which also poses a Sh75 billion tax liability headache to the company

20 May 2024 - Molo MP Francis Kimani Kuria is coming out as the poster child of the unpopular bread and vehicle circulation taxes.

20 May 2024 - In the bustling atmosphere of a crowded gym, Dan Oludhe stands out for the sheer presence of his physique.

20 May 2024 - Growth in private sector credit slumped to a 28-month low of 7.9 percent in March.

20 May 2024 - More than 61.8 percent of NSSF employees have hit 50 and above years.

20 May 2024 - Kenya has secured a commitment from China’s Exim Bank for the funding of the Standard Gauge Railway line.