Kenya’s foreign exchange reserves hit 7.7 Billion
[ad_1] Kenya’s foreign exchange reserves reached US$ 7,656 Million, equivalent to 4.71 months of import cover, as of April 15th 2021.This i…
Business
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High Court Pauses Collections of 1% Minimum Tax
[ad_1] The High Court granted conservatory orders stopping the Kenya Revenue Authority from collecting minimum taxes pending the hearing an…
NSE Daily turnover declines 60% to KSh 126.8 Million
[ad_1] Nairobi Securities Exchange (NSE) turnover declined 60% to KSh 126,795,375.00 when trading ended at the bourse on 19th April 2021. T…
EGM Securities introduces NSE Derivatives Trading
[ad_1] EGM Securities Limited has introduced a platform that will allow its clients to trade at the Nairobi Securities Exchange (NSE) deriv…
KBC journalist Betty Barasa may have been murdered by sponsor’s wife
[ad_1] Detectives investigating the death of KBC journalist Betty Barasa have inched closer to cracking the case. The detectives say that t…
Bamburi Cement Appoints John Stull to its 12-Member Board
[ad_1] Bamburi Cement, one of the top cement manufacturers in East Africa, has appointed John Stull as a non-executive director on its 12-m…
Tea prices dip 12pc as high volumes persist
[ad_1] NAIROBI, Kenya, May 1 – Persistent high production and a global oversupply have pushed down the average tea prices for factories man…
Why I became a conman when I first moved to US
[ad_1] A few years ago, Churchill Show’s star David The Student moved to the USA. He was working as a taxi driver with the taxi hailing ser…
NExT to Invest Sh650mn in Kenya’s Horticulture
[ad_1] NAIROBI, Kenya, May 1 – NExT (New Export Trade) will invest €5 million (Approximately Sh650 million) in the Kenyan horticultural sec…
Family bank redeems its KSh 2 billion corporate bond
[ad_1] Family Bank has redeemed its five and half years Medium-Term Notes worth KSh 2.0188 Billion that was due on 19th April 2021. On this…
What Administration Police earn (Updated Salaries)
[ad_1] AP Salary in Kenya: The Administration Police now works under the command of the Deputy Inspector of Police.
P2P Crypto Marketplace, Bitzlato (BZ), Partners with Lemonade Finance, to Ease Money Transfers Across Africa
[ad_1] Bitzlato (BZ), the latest P2P Crypto Exchanger to enter the African market, has added Lemonade Finance, a borderless payment platfor…
Itare Scam: Dam suppliers cry foul over unpaid millions
[ad_1] A section of the stalled Itare Dam project in Kuresoi South, Nakuru County. [Kipsang Joseph, Standard] The stalled multi-billion shi…
UK Eyes Central Bank Digital Currency
[ad_1] The UK is considering creating a digital currency backed by the country’s Central Bank. On Monday, the Bank of England and the Treas…
Got some free 500k? Think beyond wines and spirits!
[ad_1] If you give half a million to a Kenyan youth, you can bet that they will rush to start a wines and spirit shop outside their hood, t…
KeNHA signs KSh 17 billion roads deal with Chinese firm
[ad_1] Kenya National Highways Authority(KeNHA) has signed a KSh 17 billion contract with China Communication Construction Company Limited …
I help struggling small businesses in Kenya become profitable
[ad_1] Businesses in Kenya: Four years ago, James Muchangi was just another casual labourer working at construction sites and tilling farms…
The missing variables in our Public Debt Equation
[ad_1] Our public debt has become one complex equation that no one seems to understand its actual variables or how to solve it. More puzzli…
Mastercard buys Ekata- online firm for $850 Million
[ad_1] Mastercard has strengthened its online identity management capability by acquiring Ekata, an identity verification firm, for US$850 …
Youth must embrace unions – COTU boss Francis Atwoli
[ad_1] Central Organisation of Trade Unions (Cotu) Secretary-General Francis Atwoli at his Ildamat Home in Kajiado County on April 29, 2021.
Crown paints is top price gainer at NSE
[ad_1] Crown Paints Plc, engaged in the manufacture and sale of paints, adhesives, decorating sundries, polyvinyl acetate (PVA) emulsion, a…
Global Markets Major Highlights – Kenyan Wallstreet
[ad_1] Stocks in the US stock markets continued to trade lower on Tuesday amid earnings reports released by major blue-chip companies such …
Mushroom farming: reaping the fruits of fungi culture
[ad_1] Fresh champignon mushrooms in a basket on wooden table.[Getty Images] Mushroom farming is now becoming popular and a job creator for…
BOC Posts 82% Jump in Net Profit as Demand for Medical Gas Rises
[ad_1] BOC Kenya, which produces and distributes industrial and medical gases throughout the East African region, has posted impressive res…
How the pandemic has put Kenya through a two-year labour pain
[ad_1] Bar attendants, waiters, entertainers, pilots, air hostesses, tour operators…. the list of workers that fell victim to the pandemic …
Foreign Remittances Rise to Record High of $829 Million in Q1 2021
[ad_1] Kenyans working abroad sent home a record amount of remittances in the first quarter of 2021.
Sacco regulator tightens rules on member deposits
[ad_1] Sacco Societies Regulatory Authority CEO John Mwaka speaking on the Non-deposit taking SACCOs regulations which prescribes the prude…
How to invest in government securities
[ad_1] Though seen as a preserve for commercial banks and pension funds, more individual investors are having a crack at it. [ad_2] Source …
Edna Otieno Appointed Diageo’s Human Resource Director WEF 1st July
[ad_1] Edna Otieno has been appointed as Diageo’s Human Resource Director in Great Britain, with effect from 1st July 2021. She becomes the…
EcoSokoni: Student-led app links farmers to bigger markets
[ad_1] Christopher James Jaseme (in green) pitching the idea of EcoSokoni to Roma Foods’ agents during the Thika Trade Fair in January, 202…