Business

05 November 2024 - Mr Ngata took up the role that had remained vacant since the exit of Amit Budhdev, who resigned from the bank last December.

05 November 2024 - The plane is the official aircraft used by the Commander in Chief of the Kenya Defence Forces for official duties.

05 November 2024 - In a country report on Kenya following the seventh and eight reviews of its medium-term funding programme, the IMF says it sees lingering inflationary risk in a low-rate environment.

05 November 2024 - Investments made in a conflict-sensitive and peace-positive manner can address immediate and ongoing needs of the population while reducing the underlying causes of violent conflict.

05 November 2024 - One of the most unusual elections in modern US history could yield starkly different implications for tax and trade policy.

05 November 2024 - NOV 5 – Offices of streaming giant Netflix in Paris and Amsterdam have been raided by the French and Dutch authorities as part of an investigation into tax fraud, French judicial sources say. Officials from the two countries have been co-operating…

05 November 2024 - The chain’s total assets shrunk by 0.6 percent in the period to Sh31.57 billion, while liabilities declined by 1.3 percent to Sh24.65 billion, giving it a net book value of Sh6.92 billion.

05 November 2024 - The fund is expected to support at least 10,000 MSMEs, benefit 50,000 households, create and sustain more than 89,000 jobs, and improve access to basic services for more than 200,000 people.

05 November 2024 - By subtracting eligible expenses from their income, taxpayers can effectively retain more of their earnings.

05 November 2024 - The KRA’s strategy on expanding the tax base in the five-year plan is focused on informal and digital sectors, which have been hard to tax in the past.

05 November 2024 - Strategic advancements in technology have emerged as essential solutions for effective tariff classification.

05 November 2024 - High Court Judge Patricia Gichohi said KPCU was entitled to a refund after the firm failed to honour a contract to supply fertiliser.

05 November 2024 - In a joint announcement, the firms said the scheme will also target Kenyan workers who do not currently have access to a pension plan.

05 November 2024 - After five years of persistent increases, inflation had established a long-term upward trend by its peak of 9.59 percent in October 2022.

05 November 2024 - The $5.6 trillion wellness industry is going all out to get its hands on your body.

05 November 2024 - Car ownership can have a profound impact on society, the economy, and individuals, from social dynamics and economic growth to personal freedom and lifestyle choices.

05 November 2024 - The Hackathon will be happening alongside the 3rd Global Data Science & AI Summit at the Strathmore University.

05 November 2024 - Economy PRIME Uptake of local web addresses slows on subdued business 21 hours ago

05 November 2024 - Bio Foods CEO Joachim Westerveld said that the company has prioritised energy efficiency to cut carbon emissions.

05 November 2024 - IP could take different forms, including trademarks, trade secrets, patents, industrial designs, copyright, and geographical indications, depending on the nature of IP, or the manner in which it...

05 November 2024 - Local sugar prices will likely increase due to implementation of the Act, which has introduced a Sugar Development Levy charged at four percent of the total value of sugar imports.

05 November 2024 - Businesses and households have been battling a biting lack of money in circulation for months, which was from June compounded by political instability that followed deadly youth-led protests...

05 November 2024 - Kenya continues to build upon its relationship with its fellow African countries, as its trade within the continent grows stronger.

05 November 2024 - Tanzania has achieved 128% food security, allowing it to export surplus produce to neighbouring countries. Tanzania has also achieved a new milestone by becoming a processor and net exporter of cashew nuts, a rarity among African countries.

05 November 2024 - Make Money — Episode 8 — Money matters: To bank or not to bank?

05 November 2024 - Make Money — Episode 7

05 November 2024 - Post-election unrest in Mozambique intensifies with at least 11 dead and dozens injured amid nationwide protests, amidst allegations of fraud in the recent general election. Experts weigh in on the continued tension. The aftermath of Mozambique’s…

05 November 2024 - Delving deeper, the degradation of relationship quality in the workplace, a direct fallout of aggressive interactions, does not just sour the office atmosphere.

05 November 2024 - Even though unpaid leave guarantees job security, employees should not engage in activities that are contrary.

05 November 2024 - A major cross-border project linking Ethiopia and South Sudan, Africa's newest country, has received a significant boost as Ethiopia extends a crucial loan to South Sudan.

05 November 2024 - When seeking financial freedom, your need to ensure every aspect of your finances is handled well, you’re saving, you’re not overspending, and you can live comfortably while planning for the future. However, this doesn't happen overnight, and you…

05 November 2024 - Kenya has had access to various forms of financing from the IMF since 1975 including standby arrangements (SBAs) and standby credit facilities (SCFs).

05 November 2024 - Non-financial risks like climate change have come to the fore with dire implications on returns and capital.

05 November 2024 - Like every person, I often think of how life would have been if I had come from generational wealth. And I do not mean the 10 acres of land my grandfather left his 8 kids but more like 100 acres for each offspring. Or in the Kenyattas or Koinange’s…

05 November 2024 - Muhoroni GT is one of the most expensive thermal power plants and sold a unit of electricity to Kenya Power at Sh56.73.

05 November 2024 - NAIROBI, Kenya, Nov 5 – Mastercard and Diamond Trust Bank (DTB) have partnered with Tappy Technologies to launch Kenya’s first tokenization-based payment wearables, allowing users to make secure, contactless payments with ease. The new wearables…

05 November 2024 - NAIROBI, Kenya, Nov 5 – Visa has announced investments in four fintech start-ups as part of its inaugural Visa Africa Fintech Accelerator program, reinforcing its commitment to advancing digital innovation and financial inclusion in Africa. The…

05 November 2024 - NAIROBI, Kenya, Nov 5 – Kenya Electricity Generating Company (KenGen) is strengthening its presence in Africa’s geothermal sector, with strategic investments aimed at diversifying revenue streams. The utility firm is in the final stages of…

05 November 2024 - NAIROBI, Kenya, Nov 5 – Susan Mang’eni, Principal Secretary for the Ministry of Cooperatives and MSMEs, has encouraged Kenyans to consider insurance products to better secure their livelihoods, invest in their futures, and support community…

05 November 2024 - This fund, led by FSD Africa and fully supported by the UK government, is expected to raise up to $300 million (Ksh 38.85 billion) in sustainable finance, providing affordable credit options for SMEs and catalysing growth and employment throughout…

05 November 2024 - Africa has leveraged the construction of mega projects as a key strategy to improve its infrastructure and create regional development, thereby fueling economic growth and integration across the continent.

05 November 2024 - Seychelles topped the list in Africa for adult literacy, with about 96% of adults able to read and write. São Tomé and Príncipe followed at 94%, and Namibia at 92%.

05 November 2024 - By Phyllis Migwi NOV 5 – In an increasingly digital world, the importance of equipping Africa’s youth with digital skills simply cannot be overstated. It’s a much-quoted statistic that as the world’s youngest continent, Africa will make up one-…

05 November 2024 - BRUSSELS, Nov. 5 (Xinhua) — The European Commission will assess whether U.S. technology firm Apple complies with the European Union’s Digital Markets Act (DMA) regarding its operating system iPadOS, the European Commission said on Monday. “Apple…

05 November 2024 - Designers have yet to configure a 'perfect' solution that best ticks all the boxes for cost, weight, shape, space, etc.

05 November 2024 - OTTAWA, Nov. 5 (Xinhua) — Maritime employers in Canada’s British Columbia locked out more than 730 dock foremen across the country’s west coast ports, including the largest port, Vancouver, in a labor dispute on Monday afternoon. The B.C. Maritime…

05 November 2024 - NAIROBI, Kenya, Nov 6 – Passengers entering Kenya will soon be required to declare their mobile phones, including their International Mobile Equipment Identity (IMEI) numbers, as part of a new compliance measure by the Kenya Revenue Authority (KRA…

05 November 2024 - The family is a big deal globally, and it is like the building blocks of countries. While it may be the smallest unit within society, the dynamics within a family can send ripples through the broader community, shaping the course of its development…

05 November 2024 - Penetrating oil gets to places that more viscous lubricants and cleaners cannot reach.

05 November 2024 - At the Jomo Kenyatta University of Agriculture and Technology department of Horticulture and Food Security, Dr. Paul Kinoti and his team are busy. This team is specialising in non-conventional farming methods, focusing on snail farming and its…