Nation Business: Uchumi wind up claims approach Sh500 million
18 Oct 2018 - The winding petition against Uchumi Supermarkets has gathered pace with the total claims by firms that have joined the suit approaching half a billion shillings mark.
Nation Business: Mobile deals cross the Sh1 trillion mark in Q3
17 Oct 2018 - Quarterly mobile payments have for the first time crossed the Sh1 trillion mark reflecting recovery in economic activity amid increasing adoption of e-commerce channels.
Nation Business: State lines up Sh649m for Lamu jetties to boost trade
17 Oct 2018 - Four jetties in Lamu County will be renovated at a cost of Sh649 million starting next month as the State looks to accommodate increasing trade volumes.
Nation Business: Treasury spent Sh1.4bn on bailouts to June
17 Oct 2018 - The Treasury spent Sh1.4 billion in the financial year ended June on settling debt owed to it by three struggling parastatals including the national broadcaster KBC.
Nation Business: Ride-hailing firm Uber launches emergency safety features on app
17 Oct 2018 - Ride-hailing firm Uber has introduced new security features on its app that allow riders and drivers direct access to emergency response services.
Nation Business: Digital pay to dominate ICT meeting
17 Oct 2018 - ICT experts from across Africa meet at Mount Kenya University in Thika from Wednesday for a three-day conference to deliberate on digital payments challenges and solutions.
Nation Business: Feedback: Guide to starting a crop farm
17 Oct 2018 - For your questions on farming and agribusiness to be answered by experts, send an email to [email protected]
Nation Business: Experts warn quality of Kenyan tea falling as Rwanda surges
17 Oct 2018 - Tea Research Institute acting director, John Bore says Rwanda has an advantage over Kenya because they grow most of their produce in high altitude areas
Nation Business: Brief news on farming and agribusiness developments from around the region
17 Oct 2018 - A collection of brief news from the world of farming and agribusiness
Nation Business: Unregistered accountants face big fines and jail terms
17 Oct 2018 - The amendments, which came into force with the signing into law of the Finance Act 2018, are intended to strengthen the accounting profession
Nation Business: KCB cuts rates on savings after deposit floor scrap
16 Oct 2018 - Kenya Commercial Bank (KCB) has slashed interest rates on savings accounts as Equity Bank signalled a similar move after the deposit floor was removed.
Nation Business: Internet Solutions launches pay-per-use data billing for firms
16 Oct 2018 - Internet Solutions has unveiled consumption-based billing for businesses as opposed to the fixed costing following the conclusion of a pilot programme.
Nation Business: Buildings demolition put real estate investors on edge
16 Oct 2018 - Hass Consult has cautioned against what it terms as the State’s disregard of genuine land ownership documents and regulatory approvals while demolishing multi-million shilling buildings.
Nation Business: Isinya steel mill goes under the hammer
16 Oct 2018 - Auctioneers have put on sale a Kajiado-based steel maker, citing failure to settle a bank loan.
Nation Business: Cane wars loom as firms resume milling
16 Oct 2018 - Two State-owned sugar millers in Kisumu County have bounced back to operations, setting the stage for raw material wars as cane shortage bites.
Nation Business: Fate of troubled Karuturi to be known December
16 Oct 2018 - The Court of Appeal expected to determine if Karuturi will pay Sh1.8 billion contested debt to Stanbic Bank
Nation Business: Why the proposed 10pc roof on mortgage is still too high for buyers
16 Oct 2018 - Kenya plans to provide loans for homes at no more than 10 per cent interest but analysts say there are risks in such a scheme
Nation Business: Small traders in tight spot as KRA seeks to auction goods
16 Oct 2018 - The goods, estimated to be worth Sh12 billion, were seized in July
Nation Business: Auditor-General in jobs row with staff over Sh20m bribe
16 Oct 2018 - Official accused of soliciting a Sh20 million bribe to alter audit findings for Kirinyaga County.
Nation Business: SMEs credit seen staying low even after rate cap review
16 Oct 2018 - World Bank says removal of the floor on customer deposits could increase banks profitability without necessarily increasing lending
Nation Business: Airtel, Telkom eat into Safaricom market share
16 Oct 2018 - Safaricom lost 1.6 percent of its subscribers’ market share in the quarter ended June as rival Airtel added more users to its network, fresh data from the industry regulator shows.
Nation Business: Leather manufacturers push for Nairobi training hub
16 Oct 2018 - Leather article makers have urged the government to set up a hub that will help small-scale artisans upgrade their skills with the aim of producing better quality products for the international market.
Nation Business: Google launches motorbike maps for boda boda riders
16 Oct 2018 - Technology firm Google Monday introduced a motorbike mode on its maps, offering routes, traffic information and voice navigation service for riders in Africa for the first time.
Nation Business: NIC faces private trial in betting cash row
16 Oct 2018 - Former Kisumu Town MP Kennedy Nyagudi has issued notice to Director of Public Prosecutions (DPP) of his intention to privately prosecute NIC Bank over the lender’s refusal to reveal details of a gambling firm accused of embezzling millions in aid funds.
Nation Business: Safaricom best employer in Africa
13 Oct 2018 - Forbes ranks giant telco top on continent and takes position 67 in the world Pages