EABC calls for increment in the Covid-19 stimulus packages to the agriculture sector
[ad_1] NAIROBI, Kenya, May 22 -The East African Business Council (EABC) is calling for an increment in the Covid-19 stimulus packages to th…
Business
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Steel tycoon Narendra Raval in race to rescue ailing Mumias Sugar
[ad_1] Companies Steel tycoon Narendra Raval in race to rescue ailing Mumias Sugar Friday May 21 2021 Narendra Raval, chairman, Devki Group…
Safaricom led consortium wins Ethiopian licence
[ad_1] A licence to operate telecommunication services in Ethiopia has been awarded to Kenya’s telco giant Safaricom in a consortium made u…
Half of all formally employed Kenyans earn Sh. 30,000 and below
[ad_1] Salary Brackets Kenya: The Kenya National Bureau of Statistics has revealed that nearly half of all formally employed Kenyans earn S…
KRA’s big task to raise Sh279b in two months
[ad_1] Kenya Revenue Authority offices at the One-Stop Border Shop (OSBS) at Taveta-Holili border point in Taita-Taveta County.[Renson Mnya…
KAM unveils plan to revive sugar industry
[ad_1] This was during the launch of the KAM Sugar Sub-Sector Strategic Plan, which seeks to guide the industry’s growth, resilience and su…
Uhuru castigates Lamu port naysayers on launch
[ad_1] Economy Uhuru castigates Lamu port naysayers on launch Friday May 21 2021 A ship docks at Lamu Port during the official launch by Pr…
NHIF contributors to get tax relief come January 2021
[ad_1] National Hospital Insurance Fund(NHIF) contributors will get tax relief beginning January 2022 if the Finance Bill 2021 proposals ar…
Joyce Laboso’s widower gives up fight for mother-in-law’s millions
[ad_1] Laboso Estate: The late Bomet Governor Joyce Laboso’s widower has given up the fight for a multi-million estate that was owned by hi…
Consortium led by Safaricom wins Ethiopian operating licence
[ad_1] A customer holds a 3G prepaid sim card after buying the service from an Ethio-Telecom shop in Addis Ababa, Ethiopia.
Uganda’s oil palm sector yields results
[ad_1] By MICHAEL WAKABI James Lutaya is a successful Ugandan oil palm tree grower in Busanga village, in Kalangala district. He planted 55…
President Kenyatta inaugurates first berth of new 32-berth Lamu Port
[ad_1] LAMU, Kenya, May 20 —President Uhuru Kenyatta today presided over the operationalization of the first berth of the new Lamu Port, ma…
Laboso widower surrenders in fight for mother-in-law assets
[ad_1] Economy Laboso widower surrenders in fight for mother-in-law assets Friday May 21 2021 Edwin Abonyo makes his remarks during the mem…
Stanbic Bank Kenya Q1 earnings hit KSh 1.9 Billion
[ad_1] Stanbic Bank Kenya has registered a 26.7% increase in Net Earnings at the end of the first quarter of this year ending March 31st 20…
From poor Mandera village to multi-millionaire businessman
[ad_1] However what stood him in good stead for success in business was that he saved almost religiously. “I saved consistently for three y…
Absa Bank net profit for 3 months up 24pc
[ad_1] Absa Kenya Managing Director Jeremy Awori. Absa Bank Kenya has reported a 24 per cent increase in profit after tax to Sh2.4 billion …
EA Finance ministers juggle to fund recovery but debts mount
[ad_1] By The EastAfrican East African finance ministers are walking a tightrope as they try to fix economies ruined by the prolonged effec…
KRA destroys contraband goods worth more than Sh1bn in Kajiado
[ad_1] NAIROBI, Kenya, May 21 – Kenya Revenue Authority (KRA) in collaboration with the multi-agency team against illicit trade has today d…
Kenya Power to cut jobs in new business review
[ad_1] Companies Kenya Power to cut jobs in new business review Friday May 21 2021 Technicians repair power lines.
8 firms bid for leasing of Mumias Sugar8 firms Submit Bids in Leasing Tender for Mumias Sugar Company
[ad_1] A tender for the leasing of debt-ridden Mumias Sugar has attracted eight firms, including the Devki Group- a steel and cement manufa…
How I get more money from my side hustles than my Tv job
[ad_1] Former Citizen Tv Business News anchor Mike Njenga who now anchors news and political shows at Inooro Tv recently opened up on his m…
Action Aid says tech giants should pay more tax
[ad_1] Unfair tax regimes are costing the world’s largest economies up to Sh3.2 trillion ($32 billion) from the global big tech firms, Acti…
Safaricom’s bid to operate M-Pesa in Addis boosted by mobile money services launch
[ad_1] By JAMES ANYANZWA Safaricom is still hopeful that it will launch mobile money services in Ethiopia as it awaits the decision on the …
ABSA posts a 24pc increase in its 1Q21 Profit after tax to hit Sh2.4bn
[ad_1] NAIROBI, Kenya, May 21 -Absa Bank Kenya PLC has today reported a 24% increase in profit after tax to Kshs. 2.4 billion for the perio…
Vodacom mulls part sale of M-Pesa stake
[ad_1] Companies Vodacom mulls part sale of M-Pesa stake Friday May 21 2021 By VICTOR JUMAMore by this Author Summary South Africa’s teleco…
Crown Paints to Raise KSh711 Million in Rights Issue
[ad_1] Listed company, Crown Paints, plans to raise KSh711,810,000 through a rights issue after obtaining the necessary approvals from the …
Lang’ata cop who has conned Kenyans Sh. 200 million within 10 months
[ad_1] A woman working as a senior sergeant at the Lang’ata Women’s Prison managed to con thousands of Kenyans Sh. 200 million under the gu…
To reboot the economy, we must not focus on sectors at expense of others
[ad_1] Martha Nyambeki a banana farmer harvests some of her bananas at Nyambaria Nyamira County on April 8, 2019.[Sammy Omingo,standard] On…
Museveni arrives in Dar to witness signing of oil pipeline deal
[ad_1] By EMMANUEL ONYANGO Uganda’s President Yoweri Museveni arrived in Tanzania’s capital Dar es Salaam Thursday morning for a one-day of…
Bolt Increases Fares Due to Rise in Fuel Prices
[ad_1] NAIROBI, Kenya, May 20-On demand transport platform Bolt has revised its prices across all cities in Kenya in response to the increa…