NSE weekly turnover down 53.6% to KSh 2.32 billion
[ad_1] Nairobi Securities Exchange (NSE) recorded a 53.6% decline at the close of last week to KSh 2.32 Billion. This is against a turnover…
Business
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Yatani throws in a slew of tax incentives to boost production
[ad_1] Heavy machines at work on January 11, 2021, to restore Nyatike Copper Mine site that has claims several lives in the past.
Yatani directs govt agencies and counties to clear verified pending bills by June 30
[ad_1] NAIROBI, Kenya Jun 10 – Government agencies and counties have been directed to clear all verified pending bills by the end of June.
Tea Auction Records Slight Decrease in Prices
[ad_1] The weekly Mombasa Tea Auction held on 31st May and 2nd June 2021 had 12.9 million kilograms of tea offered for sale.
Parastatal reforms at snail’s pace despite last year’s promises
[ad_1] Treasury CS Ukur Yatani presents the 2021/22 budget to the National Assembly on June 10, 2021.
Govt goes after gamblers’ jugular with 20pc new tax
[ad_1] NAIROBI, Kenya Jun 10 – The government has re-introduced a 20 percent tax on all winnings, in what is likely to deal a blow to gambl…
Kenya’s Domestic Debt Rises to KSh3.67 Trillion at End of May
[ad_1] Kenya’s domestic debt rose to a record high of KSh3.67 trillion on 28th May 2021 from KSh3.63 trillion on 30th April 2021 according …
Varsities, NMS biggest losers in Supplementary Budget changes
[ad_1] A section of KCA University graduands during the marking of 11th graduation ceremony in Nairobi on Friday, November 22, 2019.
Treasury allocates Sh13.9 billion for affordable housing project
[ad_1] NAIROBI, Kenya, Jun 10-The National Treasury has allocated Sh13.9 billion for the affordable housing project for the financial year …
globe roundabout terminal to get land through state
[ad_1] Globe Roundabout Bus Terminal, an infrastructure project proposed by Nairobi Metropolitan Services to decongest the city, will get l…
Billionaire Rai family now goes after Mumias Sugar
[ad_1] The billionaire Rai Family has emerged as one of the investors bidding to takeover Mumias Sugar in a lease deal. This has been revea…
State’s Sh20b plan to boost local manufacturing
[ad_1] Rivital healthcare Workers operate machines at Rivital Healthcare in Kilifi County on April 29, 2021.[Omondi Onyango, Standard] The …
Govt Targets Mwananchi with Sh23.1bn Boost into the Stimulus package
[ad_1] NAIROBI, Kenya, Jun 10 – The Ministry of Treasury and Planning has set aside Sh23.1 billion to continue with the implementation of t…
Yatani walks tight rope in Uhuru Sh3.6trn legacy budget
[ad_1] Economy Yatani walks tight rope in Uhuru Sh3.6trn legacy budget Thursday June 10 2021 Treasury Cabinet Secretary Ukur Yatani at his …
AFRAA Assessment Reveals Africa’s Airline Industry Lost $10.21 Billion in 2020
[ad_1] The African Airlines Association (AFRAA) has published its impact assessment analysis, revealing that the African airline industry r…
6 things I have learned about wealth creation
[ad_1] Kiprono Kittony is the former National Chairman of the Kenya National Chamber of Commerce and Industry (KNCCI) and CEO of Capital Ai…
KMRC to float bond to fund low-cost housing
[ad_1] The National Treasury and Planning CS Ukur Yattani leaving treasury building to present the Financial Year 2021/2022 budget at Parli…
Yatani allocates Sh20.5bn to manufacturing to promote local industries
[ad_1] NAIROBI, Kenya, Jun 10- The National Treasury has allocated Sh20.5 billion for the manufacturing sector for the financial year 2021/…
Court revokes Uhuru’s government restructure order
[ad_1] Economy Court revokes Uhuru’s government restructure order Thursday June 10 2021 President Uhuru Kenyatta signs a Bill into law at S…
Kenya’s Horticulture Exports Earnings Jump to KSh39.4 Billion in Q1 2021
[ad_1] The value of Kenya’s horticulture exports rose sharply in the first quarter of this year as economic activity slowly recovered from …
Telkom users are getting more value for Less with Omoka Vinoma
[ad_1] Mobile users are becoming more rational and frugal in how they spend on their mobile subscriptions. Due to the bitting impacts of th…
Don’t expect much from the 2021/2022 Budget, MP tells Kenyans
[ad_1] A man uses a cart to transport drums used to make jikos and other items in the jua-kali sector.
Govt sets aside Sh 15.8bn for HELB as TSC gets Sh281bn in 2021/22 Budget
[ad_1] NAIROBI, Kenya, June 10 – Treasury Cabinet secretary Ukur Yattani has set aside Sh202.8 billion to support several programs in the e…
Budget 2021/22: The highlights – LIVE
[ad_1] Economy Budget 2021/22: The highlights – LIVE Thursday June 10 2021 Treasury Secretary Ukur Yatani is presenting his Sh3.6 trillion …
How Churchill comedian made, wasted millions from robbery, carjacking
[ad_1] A life of crime doesn’t pay. This is what one of Show’s comedians learned. The comedian recently narrated how he was forced to join …
This is what Cytonn Insurance Agency offers
In late May 2021, Cytonn Investments Plc launched an insurance agency arm targeting first time buyers, existing clients and tech savvy user…
Low expectation among Kenyans as CS Yattani reads budget
[ad_1] K-Fish proprietor Nelson Babu displays fish to some customers who walked into his Pipeline shop on Thursday, June 10.
East Africa Finance ministers present 2021/22 budgets
[ad_1] By HELLEN GITHAIGA East African Finance ministers present their national budgets in their respective parliaments for the fiscal year…
Biden drops plan to ban Chinese-owned apps TikTok, WeChat
[ad_1] NAIROBI, Kenya, Jun 10–President Joe Biden has revoked executive orders from his predecessor Donald Trump seeking to ban Chinese-own…
Budget 2021/22: The highlights – LIVE
[ad_1] Economy Budget 2021/22: The highlights – LIVE Thursday June 10 2021 Treasury Secretary Ukur Yatani holds up the briefcase containing…