Business

29 May 2024 - The tax exemption granted by law in 2019 on musical instruments imported or purchased locally for use by educational institutions, ensures the instruments are more accessible for learners to...

29 May 2024 - The proposed amendments will be a departure from the current model where CAK only takes actions of traders upon receiving consumer complaints.

29 May 2024 - While imposing the ban, the two governors ordered that all outlets whether inform of retail or wholesale of Muguka in the regions be closed.

29 May 2024 - The award was entered against Mr Mutinda and Syinix Electronics Ltd for copyright infringement on March 23 after they failed to appear in court to defend themselves.

29 May 2024 - Unaudited results released Tuesday showed net earnings for the group grew from Sh2.42 billion that had been posted in the same quarter a year earlier.

29 May 2024 - The KNBS data shows increased expenditure on imports was largely driven by orders of machinery, transport equipment, fuel and non-food industrial supplies.

29 May 2024 - Sidian had committed to offer its long-term financier--Investment Fund for Developing Countries (IFU)--the first right to buy shares of the bank on sale or get paid the millions.

29 May 2024 - Safaricom in partnership with M-PESA Africa and Sumitomo Corporation has shortlisted nine startups to benefit from the Spark Accelerator Program, a platform for bold and visionary founders to grow and scale their businesses.

29 May 2024 - Edge computing ecosystems are still in the process of maturing, and so, enterprises in Kenya are inclined to be extra diligent when it comes to choosing platforms, tools, and other solutions.

29 May 2024 - Barely a week after Kenya Power called for some radical reforms to streamline scrap metal business in the country, players in the sector have come out guns blazing to defend their turf.

29 May 2024 - Internal audit has evolved over the years with ever increasing opportunities as a strategic partner in achieving business objectives.

29 May 2024 - A 2009 study found extensive links between film piracy, organised crime, and terrorist groups. The purchase of any counterfeit goods can be traced to organised crime.

29 May 2024 - The Bt cotton plants produce toxins that cause damaging bollworms on cotton to be lethargic and to die in droves, causing limited harm to the crop.

29 May 2024 - Earth scientists and geological engineers are not just bystanders in the face of challenges but active warriors collaborating to devise practical and scalable solutions.

29 May 2024 - The detrimental effects of high taxation during economic hardship are evident in several African countries.

29 May 2024 - The establishment of the State Department for Mining, under the re-organisation of the government in 2023, signifies a strategic move towards harnessing the potential of this vital sector.

28 May 2024 - Diversity is a defining feature of Africa. Albeit not without its complications, it remains one of Africa's greatest strengths, and in its own unique way defines the region's identity. Africa's ethnic variety adds to a diverse cultural environment, with…

28 May 2024 - Muguka farmers and traders have gotten temporary relief after the Embu High Court issued conservatory orders lifting the ban in Mombasa and Kilifi.

28 May 2024 - Many governments on the continent have entered into carbon offset contracts with different firms, which observers say could be rushed moves.

28 May 2024 - The Finance Act 2023 remains one of the most controversial money laws, with some of the clauses still being contested in court.

28 May 2024 - The bench said the amount awarded by the High Court was reasonable as it would enable the distributor to recoup its expenditure and goodwill.

28 May 2024 - Boeing has chosen Ethiopia as the preferred location for its African headquarters. Boeing is a leading aerospace company that designs, manufactures, and services commercial aircraft.

28 May 2024 - While often overshadowed by other pressing concerns, such as poverty and disease, homelessness is a critical issue that demands attention.

28 May 2024 - Homa Bay Governor Gladys Wanga's administration has rolled out an ambitious plan to revive cotton farming in the region to tap into the country's growing textile industry.

28 May 2024 - Agriculture Principal Secretary Kiprono Rono has said plans to lease four government-owned sugarcane factories in Western and Nyanza will go on as planned.

28 May 2024 - •  Nmehielle says the needed transformation is still work in progress. • He was speaking at one of the events during AfDB’s annual meetings that started on Monday under the theme: Africa’s transformation, the African Development Bank Group, and the…

28 May 2024 - Appeal court to determine how caretaker of German’s property became ‘owner’ of top half of building.

28 May 2024 - In the three months to March the lender's net interest income grew by 19.9 per cent to close at Sh2.4 billion

28 May 2024 - The milestone speaks for itself: it’s the 10th anniversary of FORBES AFRICA’S 30 under 30 list, and just like the honorees who have come before them, the class of 2024 too are driven by impact. Profits aside, it’s about achieving success with innovation…

28 May 2024 - Nairobi office will serve as the fintech's regional headquarters to address the growing demand for digital financial services and digital currencies in Kenya and the wider region.

28 May 2024 - EIU says the US dollar will remain bullish against the local currencies for much longer

28 May 2024 - An essential good with major economic significance is African palm oil. The African palm oil sector may prosper and improve the lives of people and the environment at the same time by adopting sustainable methods and tackling these issues.

28 May 2024 - Embracing a new chapter as a matatu owner, Njugush bold investment decision has garnered attention for its innovative approach and strategic thinking.

28 May 2024 - A judge in Embu on Tuesday blocked a countywide ban on muguka from taking effect in Mombasa, preventing the nation’s first such prohibition on the caffeine-filled stimulant that produces a mild high when chewed. The judge, Lady Justice Lucy Njuguna,…

28 May 2024 - President William Ruto’s administration plans to spend Sh3.914 trillion in the new budget cycle that starts in July. To fund this plan, the government hopes to collect Sh3.354 trillion from taxes.

28 May 2024 - NAIROBI, Kenya, May 28 – The Nairobi International Financial Centre Authority (NIFCA) is now seeking a new boss after President William Ruto demanded the then CEO, Oscar Njuguna, refund his salary earned for no job done back in 2022. The state-owned…

28 May 2024 - TOKYO, May 28 (Xinhua) — Japan’s services producer prices in April jumped 2.8 pct from a year earlier, the steepest rise since September 1991 excluding the periods affected by consumption tax hikes, the Bank of Japan (BOJ) reported Tuesday. The services…

28 May 2024 - NAIROBI, Kenya, May 28 – The Competition Authority of Kenya (CAK) is seeking legal backing to auction properties of firms unwilling to pay penalties, despite exhaustion of all appeal avenues. In the draft Competition Amendment Bill 2024, CAK seeks to…

28 May 2024 - New cross-border policies needed to ensure the culprits are apprehended.

28 May 2024 - National Treasury says the budget statement for the Financial Year 2024/25 will be delivered on June 13th, at 3 pm in parliament.

28 May 2024 - NAIROBI, Kenya, May 28 – The National Treasury will deliver the Budget Statement for the 2024–2025 financial year (FY) on June 13, 2024. Treasury Cabinet Secretary (CS) Njuguna Ndung’u said that the budget statement will be submitted to parliament at 3…

28 May 2024 - The new charges came into effect last week.

28 May 2024 - As the CEO of Myspace Properties, a premier real estate company focusing on property development and management, Mwenda Thuranira is testament to the transformative power of hard work and determination.

28 May 2024 - By James Alic Garang MAY 28 – South Sudan, the world’s youngest nation, possesses immense potential for diversification, economic growth, and shared prosperity. While oil has been the mainstay of the economy since independence from Sudan on July 9, 2011…

28 May 2024 - China's flagship economic cooperation program is making a strong comeback after a slowdown during the global pandemic, with a renewed focus on Africa.

28 May 2024 - MAY 28 – Preparations are under way at major Channel crossing points for a new automated European Union (EU) border IT system due to start this October, despite fears of queue chaos for holidaymakers. Under the Entry Exit System (EES) non-EU nationals,…

28 May 2024 - A high population density in African cities, while sometimes viewed as a difficulty owing to the impact on resources and infrastructure, may also provide various benefits. These highly populated metropolitan regions can act as catalysts for economic…

28 May 2024 - The uninterrupted coastline of the Indian Ocean's eastern seaboard is one of the most robbed of abundant fish stocks by IUU.

28 May 2024 - NAIROBI, Kenya, May 28 –  -Banyan Investment Banking & Hedge Fund, a Connecticut-based digital bank with a focus on transformative financial technology, has announced its expansion to Nairobi, Kenya. The new office will serve as the fintech’s…

28 May 2024 - China's flagship economic cooperation program is bouncing back after a lull during the global pandemic.