KLM Royal Dutch Airline set to launch direct flights to Mombasa
[ad_1] NAIROBI, Kenya, May 27 – The Dutch national carrier KLM, part of the Air France-KLM Group, will in October this year commence direct…
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National Treasury Exempts KQ from 1% Minimum Tax
[ad_1] The National Treasury has exempted Kenya Airways, alias KQ, from paying the minimum tax set at 1% of gross turnover. This means that…
When broke Swaleh Mdoe wanted to sell his kidney to pay off debts
[ad_1] Swaleh Mdoe Salary: Swaleh Mdoe is no doubt one of the most gifted Kiswahili news anchors. He is also one of the best paid Kiswahili…
KCB Group Shareholders Approve Proposed Acquisitions in Rwanda and Tanzania
[ad_1] The twin acquisitions in Rwanda and Tanzania are part of KCB Group’s ongoing strategy to achieve regional relevance and will increas…
I&M Bank Founder & Chairman Retires After 47 Years of Service
[ad_1] I&M Bank has announced the retirement of Mr. Suresh Bhagwanji Raja (SBR) Shah, its Founder and Chairman since 1974 and subsequently …
Gender-responsive research key to farm productivity, tackling Africa’s agricultural threats, report
[ad_1] African Women in Agricultural Research and Development, AWARD, has released a report highlighting how gender-responsive agricultural…
Mobile Money Transactions Hit KSh 1 Trillion in First 2 Months of 2021
[ad_1] The value of mobile money transactions in Kenya reached KSh1.16 trillion in the first two months of 2021 as more people used mobile …
Family Bank posts 71.3% profit growth in Q1 2021
[ad_1] Family Bank Group posted KES 728.8 million Profit Before Tax for the first quarter of 2021. This is a 71.3% increase in earnings com…
Central Bank Retains Rate at 7% as Economy Recovers Slowly
[ad_1] The Central Bank of Kenya maintained the benchmark rate at 7% for the eighth consecutive time during Wednesday’s Monetary Policy Com…
Why saving for your child’s education early is crucial by Jack Kionga
[ad_1] Every parent’s dream is to be able to provide what their child needs as they journey through life. This includes providing quality e…
National Bank of Kenya posts 19 percent net profit growth in first quarter
[ad_1] NBK Managing Director Paul Russo. [Courtesy] National Bank of Kenya (NBK) has reported Sh184 million in profit after tax for the fir…
Court quashes Uhuru’s 129 State jobs appointments
[ad_1] Economy Court quashes Uhuru’s 129 State jobs appointments Thursday May 27 2021 President Uhuru Kenyatta. PHOTO | PSCU The High Court…
Tech Stocks Drive US Market to Record Highs
[ad_1] US Market The US stock markets closed higher on Monday mainly driven by Technology stocks. The Dow Jones surged by 1.12% to close at…
You have a business idea but no cash? Here’s how to get funded
[ad_1] Business Funds Kenya: Seed capital is the biggest challenge that budding entrepreneurs face in Kenya. Although there is always the o…
Kenya to receive over Sh100b loan, eyes extension of debt repayment period
[ad_1] Kenya is set to receive Sh80 billion (USD750 million) from World Bank and Sh43.8 billion (USD410 million) from International Monetar…
Nakuru sets up revenue agency
[ad_1] Counties Nakuru sets up revenue agency Thursday May 27 2021 Nakuru Governor Lee Kinyanjui .
Toyota Tsusho Announces Investment in AiCare, a Kenyan Telematics Insurance Provider
[ad_1] Toyota Tsusho Corporation has announced an investment in Kenyan telematics insurance provider AiCare Group.
Dutch carrier KLM to launch direct Amsterdam-Mombasa flights
[ad_1] Companies Dutch carrier KLM to launch direct Amsterdam-Mombasa flights Thursday May 27 2021 A KLM plane landing at Schiphol Airport,…
Angaza Awards Top Finalists; Pooja Bhatt, 32
[ad_1] We recently released the list of the Top 10 Finalists of the Inaugral Angaza Awards which seeks to recognize the women shaping and s…
WRC returns to Kenya with Sh6 billion injection to the economy
[ad_1] WRC Safari Rally Chief Executive Officer Phineas Kimathi (center) flanked by Nakuru Governor Lee Kinyanjui (right) and Nakuru CEC Tr…
UN takes new step towards international cybercrime treaty
[ad_1] UNITED NATIONS, United States, May 27 – The UN General Assembly adopted Wednesday by consensus a resolution proposed by Russia to dr…
KCB’s Gross Bad Loans Rise to KSh98 Billion in Q1 2021, the Highest Level on Record
[ad_1] KCB Group’s gross bad debt grew in the first quarter of this year to KSh98 billion, the highest level ever recorded by the bank, fro…
Does driving your car on Neutral gear really save fuel?
[ad_1] Does Neutral Gear Save Fuel: Does changing gear to N from D when going downhill save fuel? It is a risky move in that you may bump t…
Coop Bank: How Kenya’s Top Lender Is Promoting Agribusiness In The Country
The eco.business Fund, an impact investment sub-fund for Sub-Saharan Africa, has given $10 million to Co-operative Bank for on-lending to s…
KCB Bank MSME customers to enjoy discounted facility to help address cashflow challenges
[ad_1] KCB has introduced a discounted financing facility to boost KCB MSME customers whose operations have been adversely affected by COVI…
KCB Q1 net profit rises by 1.8 percent
[ad_1] By JAMES ANYANZWA KCB Group Plc recorded 1.8 percent growth in net profit for the three months period to March 31 amid the adverse e…
High Court declines Sh180mn tax refund claim for 3 pharmaceutical companies
[ad_1] NAIROBI, Kenya, May 27 – The High Court has upheld the Kenya Revenue Authority’s decision to reject VAT refund claims by three pharm…
Kenya Orchards Posts KSh12.5 Million Net Loss As Sales Dip
[ad_1] Kenya Orchards, a company that sells processed fruits, vegetables, and other food products, reported a net loss of KSh12.5 million a…
State faces Sh. 800 million loss after buying land from Gakuyo
[ad_1] Gakuyo Land Deals: The government is staring at a multi-million loss after acquiring land from a company that is linked to controver…
NBK Posts 19pc growth in 1Q21 Profit After Tax
[ad_1] NAIROBI, Kenya, May 27 – National Bank of Kenya (NBK) has posted Sh184million in profit after tax for the first quarter of the year …