21 November 2022
- NAIROBI, Kenya, Nov 21 – At least 130,000 households in Makueni County have benefitted from Sh96 million certified climate-resilient seeds donated by the County Government. The seed consignment consisted of 149 tonnes of maize, sorghum (127 tonnes…
21 November 2022
- TOPLINE The U.S. men’s team returns to the World Cup for the first time since 2014 this week as games begin in Qatar — here’s how much American players are set to earn (spoiler: it gets really interesting only if the team pulls off historic upsets…
21 November 2022
- The number of people with lactose intolerance or those choosing to live a vegan life is rising in Kenya, thus the demand for lactose-free products is increasing at a fast pace.
21 November 2022
- As technology and financial space evolve, there is an emerging asset class known as digital assets that are gaining currency among investors keen to diversify portfolios to manage volatility and...
21 November 2022
- The Kenyan government recently lifted a 10-year ban on cultivation and importation of genetically modified crops to address food insecurity.
21 November 2022
- KIAMBU, Kenya, Nov 21 – Rice is one of the key strategic crops for food security and a source of income for rice value chain actors, but despite an increase in production, local supply has not been able to meet the market demand. Consequently,…
21 November 2022
- NAIROBI, Kenya, Nov 21 – Microsoft, through its Africa Transformation Office (ATO) has announced a partnership with the International Finance Corporation (IFC) to support digital transformation in Africa’s agricultural sector. In a session during…
21 November 2022
- An image shared online claiming to show retired President Uhuru Kenyatta enjoying life in the village after retirement is FALSE. The image was shared on Facebook on September 29, 2022, by Facebook user Dennis Onsarigo Kiongozi with the caption “…
21 November 2022
- Akin to a ship captain, the board of directors (or relevant governing body) is responsible for developing organisational strategy and charting policy direction.
21 November 2022
- New York, United States, Nov 21 – Tesla has recalled more than 321,000 vehicles in the United States because of a tail light issue, in the latest trouble to hit the electric vehicle giant led by controversial billionaire Elon Musk. It is the latest…
21 November 2022
- Total revenue collected as of the end of October 2022 by Kenya Revenue Authority amounted to 636.4 billion shillings equivalent to 29.7 percent of the original estimates of 2,141.6 billion shillings for FY’2022/2023 and is 89.2 percent of the…
21 November 2022
- The International Finance Corporation (IFC) disclosed that it would extend USD 100.0 million (12.2 billion shillings) to Diamond Trust Bank (DTB) under the WCS COVID-19 FIGE response facility in form of a senior debt investment with 24-month…
21 November 2022
- Dr Mukhwana, who has led efforts for the credibility and portability of Kenyan qualifications since 2018, has been nominated to work under Cabinet Secretary Moses Kuria.
21 November 2022
- The Kenyan shilling depreciated by 0.2 percent against the US dollar to close the week at 122.0 shillings from 121.8 shillings recorded the previous week. The performance of the local currency last week was partly attributable to increased dollar…
21 November 2022
- T-bills remained oversubscribed last week albeit at a lower rate, with the overall subscription rate declining to 170.8 percent from the 204.5 percent recorded the previous week. The lower subscription is partly attributable to tightened liquidity…
21 November 2022
- KRA will go after the more than four million Kenyans who own cryptocurrencies if MPs approve changes to the law aimed at regulating and taxing the fast-growing digital currency trade.
21 November 2022
- The office that advises Members of Parliament on budget planning has raised doubts on the ability of the Kenya Kwanza administration to fund its ambitious economic growth and job creation plan...
21 November 2022
- Technology companies are under growing pressure to reduce their greenhouse gas emissions by making products that save energy and to build more sustainable business models.
21 November 2022
- For a long time, providers of cybersecurity solutions have scratched their heads over a lasting cure for data and system breaches. Hackers have meanwhile become more and more sophisticated to...
21 November 2022
- Kenya, like many other countries, is constantly in a race to grow its tax base. Domestically, this has become difficult due to the large informal sector.
21 November 2022
- The move by the government to open a six-month window for genetically modified maize (GM) imports has predictably been met with opposition by some politicians and activists.
21 November 2022
- Cash mobile money agents handled in the nine months to September went up by 17.6 percent, indicating the growing mobile money penetration in Kenya.
21 November 2022
- The Rai family has extended its dominance in the sugar sector with the opening of the Naitiri factory, which has now pushed its share of sales to nearly half of the entire production.
21 November 2022
- Over 4.35 million Kenyans in the counties of Garissa, Isiolo, Kajiado, Kitui, Mandera, Marsabit, Laikipia, Samburu, Turkana, and Wajir are affected.
21 November 2022
- The value of tea at the Mombasa auction dropped to retail below the government-set minimum price, leading to a withdrawal of Sh1.5 billion worth of the beverage at the market.
21 November 2022
- Small and mid-sized firms in the consumer and retail, and technology sectors dominated the ranking of the annual Business Daily and KPMG Top 100 SMEs survey.
21 November 2022
- Ruto wants KRA to increase revenue collection from Sh2.1 trillion to between Sh4 and Sh5 trillion as he plans to plant 15 billion trees to fight devastating effects of climate change.
21 November 2022
- Relatively higher audit fees by the popular Big Four firms have pushed the majority of small businesses to procure the services of mid-sized accounting firms.
21 November 2022
- Chief operating officer Nyambura Karita told the Business Daily, the company would adopt a ‘fulfilment business’ model to ease logistics hurdles for clients.
21 November 2022
- PostBank has emerged as one of the beneficiaries of the increasing closure of branches by commercial banks, providing it with a fresh revenue stream through agency banking offerings.
21 November 2022
- Damaged sections of Mombasa Road will now be repaired and additional footbridges erected along the highway, Kenya National Highways Authority (KeNHA) has said.
21 November 2022
- Funding challenges have delayed the completion of the Sh281 million Lokichoggio airport upgrade, delaying plans by KAA to open up the facility for use by larger aircraft.
21 November 2022
- KSL is on the spot over its failure to secure a one-acre piece of land in Upper Hill, Nairobi, whose ownership was reverted to the institution by the High Court.
21 November 2022
- Kenya’s bilateral debt repayments to China for the first quarter have surpassed remittances to foreign commercial lenders for the first time, the latest Treasury filings show.
21 November 2022
- Kenya injected the first dispatch of cheaper hydropower imported from Ethiopia into the national grid last week, rolling out the plan that is expected to aid a reduction in power bills for...
21 November 2022
- While the government may easily feed hungry and famine-stricken citizens, it may not compensate communities that have had cultural practices adversely affected by long spells of drought.
21 November 2022
- Kwale miner Base Titanium injected Sh16.5 billion into the Kenyan economy through royalties, taxes and supplier purchases in the year ending June 2022, new disclosures by its Australian parent...
20 November 2022
- As World Cup officially kicks off, the giant gaming company in Kenya, SportPesa, has partnered with KBC Channel 1 to display key world cup matches on a big screen in selected towns around the country. The first match between hosts Qatar and Ecuador…