Treasury gets Parliament’s backing to exempt KQ from minimum tax
[ad_1] Kenya Airways planes at Jomo Kenyatta Airport(JKIA), Nairobi.[Boniface Okendo,Standard] Parliament has backed Treasury’s plans to ex…
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Smallholder tea farmers to own direct shareholding in KTDA Holdings PLC
[ad_1] NAIROBI, Kenya, May 23-Individual smallholder tea farmers affiliated with the Kenya Tea Development Agency Holdings will now own dir…
Bank dominate NSE as weekly turnover hits KSh3.1 Billion
[ad_1] The Banking Sector was the most active at the Nairobi Securities Exchange(NSE) when trading closed last week, with shares valued at …
President Uhuru Kenyatta opens Lamu port
[ad_1] President Uhuru Kenyatta at Lamu Port to operationalise the first berth of the seaport. Treasury CS Ukur Yattani (L) and Governor Fa…
Transcentury Reports KSh1.4 Billion Half-Year Loss, Plans to Issue 2 Billion Additional Shares in Rights Issue
[ad_1] Transcentury has reported a KSh1.4 billion net loss for the half-year period that ended on 30th June 2020 compared to a net profit o…
Safaricom consortium gets licence to enter Ethiopia
[ad_1] Safaricom CEO, Peter Ndegwa holds the 2020 Global Mobile (GLOMO) Award, awarded to Safaricom by Global Systems for Mobile Communicat…
Absa Kenya Q1 Net Earnings rise 28% to KSh 2.4 Billion
[ad_1] Absa Kenya Group unaudited Net Profit for the first quarter ended March 31st 2021 rose to KSh 2.4 Billion compared to KSh 1.96 Billi…
It’s digital all the way or you will be taken out of the game
[ad_1] Grace Wandera, Head of Marketing and Communication at KRA. [Courtesy] I recently stumbled upon an old photo showing a long and meand…
Absa Group to sell its asset management unit to Sanlam
[ad_1] Absa Group Limited, South Africa’s third-largest lender, is said to be in discussion to offload part or all of its asset-management …
KPA slashes rates by half to lure importers to Lamu Port
[ad_1] Aerial view of freight ship with cargo containers on the sea. [Courtesy] Ships and importers at the Lamu Port will now pay half of t…
Car & General’s Half-year Profit Rises to KSh460.6 Million on Increased Demand for Motorcycles
[ad_1] Car & General’s net profit for the six months that ended on 31st March 2021 jumped by 180% boosted by the high demand for two-wheele…
Missing Bashir Mohammed found dead in Kerugoya with bullets in head
[ad_1] The Somali-American businessman Bashir Mohammed has been found dead in Kirinyaga. The body of the businessman was found at Kerugoya …
Police seek prisons staff in Sh200m jobs scam
[ad_1] The suspects are said to have promised to help the job seekers to secure jobs with, among other organisations, the National Police S…
First berth at Lamu port to commence operations
[ad_1] The first berth of the long-awaited Lamu Port is set to be launched and commence operations this Wednesday, 20th May 2021.
Lessons on public transport that Nairobi can learn from other cities
[ad_1] The trouble with Nairobi’s traffic is majorly caused by the poor design of some of the roads leading into and out of the central bus…
Kenyans lose cash as Amazon Web Worker Shuts Down
[ad_1] A section of Kenyans who had invested their cash in an online App known as Amazon Web Worker are counting their losses after the App…
Riat Hills is new magnet for the rich and luxury business hubs
[ad_1] Kisumu West’s Riat Hills have been attracting wealthy individuals from the region and developers from Nairobi [ad_2] Source link
Shilling falls towards 108 to the US dollar
[ad_1] Currencies Shilling falls towards 108 to the US dollar Wednesday May 19 2021 By CONSTANT MUNDAMore by this Author Summary The shilli…
NSE daily turnover rises up 146% to hit KSh 1.1 Billion
[ad_1] Nairobi Securities Exchange(NSE) recorded a turnover of KSh 1,102,657,782 after a total of 30.6 Million shares traded in 1,051 deals…
Ruto to champion economic blueprint as he tours Coast
[ad_1] Deputy President William Ruto interacting with professionals, political and business leaders from Bungoma, Kakamega, Busia and Vihig…
Petroleum, mining expat contractors face steeper taxes
[ad_1] Market News Petroleum, mining expat contractors face steeper taxes Thursday May 20 2021 Treasury Cabinet Secretary Ukur Yatani.
Kenya to receive$ 410 Million from IMF in the coming weeks
[ad_1] Kenya will access about US$410 million from the International Monetary Fund(IMF) once a review of its financing program is completed…
M-Pesa agents reap more commissions
[ad_1] A customer transacts at an M-Pesa Shop. [Courtesy] Safaricom paid Sh28.2 billion in commissions to M-Pesa agents last year, up from …
EACC goes after Obado’s rental income, logbooks
[ad_1] Economy EACC goes after Obado’s rental income, logbooks Thursday May 20 2021 Migori governor Okoth Obado.
KenGen’s $ 6.5 Million Djibouti power project begins June
[ad_1] Kenya Electricity Generating Company(KenGen) is set to begin drilling works on the $6.5 Million(KSh 709.8 Million) Geothermal Power …
Travel restrictions big drawback for German firms in Kenya: Survey
[ad_1] Maren Diale-Schellschmidt, Delegate of German Industry for Eastern Africa. [Courtesy] Eight out of 10 German businesses in Kenya hav…
MPs approve tax-free deal for Japanese firms, expats
[ad_1] Economy MPs approve tax-free deal for Japanese firms, expats Thursday May 20 2021 Parliament during a past session.
Safaricom to launch Super App
[ad_1] Kenya’s leading telco Safaricom Plc is planning to launch a “super-app” this month which aims to bring all its products and services…
Kenya Power to lay off, move staff in turnaround strategy
[ad_1] Kenya Power and Lighting Company’s technical team at KPLC Huruma Sub-station, Nairobi.
KRA suffers blow in pursuit of Sh790m tax from UN trader
[ad_1] Economy KRA suffers blow in pursuit of Sh790m tax from UN trader Thursday May 20 2021 By JOHN MUTUAMore by this Author Summary The K…