Business

16 April 2024 - Of late, many Kenyans are moving from Kenya to other countries – one of them is Ireland – and they are moving especially for studies and work. Last week, I had an opportunity to sit with Hezron Kipteyo of the Pears Education Consultants, who offered…

16 April 2024 - Epra last week said it is looking into the possibility of restricting LPG imports and would only allow importation through the Open Tender System.

16 April 2024 - Seven Seas Technologies will pay a lower Sh289.84 million in taxes instead of the Sh900.4 million claimed by KRA.

16 April 2024 - Nadeem Arjarwalla, a British-Kenyan, was earlier detained in connection with an ongoing criminal investigation into Binance's activities in Nigeria, according to a Reuters News Agency report.

16 April 2024 - The quantity of milk purchased by processors from farmers went up by 27.7 percent.

16 April 2024 - Tenders are losing their appeal to traders due to crippling debts

16 April 2024 - The Kenya Ports Authority (KPA) plans to review tariffs for Lamu port next month.

16 April 2024 - There appears to be light at the end of the tunnel for wananchi

16 April 2024 - Kenya remains exposed to geopolitical tensions particularly Israel-Palestinian, Russia-Ukraine conflicts

16 April 2024 - Local and international investors have hailed shilling's stability.

16 April 2024 - Kenyan firms will vie for multibillion-shilling deals at Africa's biggest trade fair to be held in Algeria in September next year.

16 April 2024 - Jinnah said Africa, like many regions, is vulnerable to the ripple effects of international conflicts, particularly in terms of trade disruptions and economic instability.

16 April 2024 - Fuel prices across Kenya declined in April as the new report by EPRA, the oil and gas authority Energy and Petroleum Regulatory Authority, shows the average cost of a litre of petrol is now Ksh190.38 from Ksh199.15 in the period from March 2024.…

16 April 2024 - Nearly six years ago I wrote a column here about “the necessary evil of compliance”, the theme of a Leaders Circle I had just co-hosted.

16 April 2024 - National parks and protected areas are known for their stunning landscapes, irreplaceable biodiversity and their role as major tourism drivers.

16 April 2024 - The Nairobi Securities Exchange (NSE) has long been a cornerstone of Kenya’s financial landscape.

16 April 2024 - To capitalise on the potential benefits of AI while mitigating job displacement, Africa must invest in education and skill development.

16 April 2024 - Aviation sector players also argue that it employs many Kenyans directly and indirectly besides supporting other industries, including tourism and agriculture.

16 April 2024 - Kippra recommends Kenya reduce its reliance on a few bilateral lenders and commercial creditors by diversifying funding sources as one of the ways to manage debt.

16 April 2024 - The Good Times title was primarily used for marketing through controversy.

16 April 2024 - George Gitau’s passion for plants runs deep.

16 April 2024 - Civil War is a dystopian war film written and directed by Alex Garland.

16 April 2024 - Retirement planning can be intimidating.

16 April 2024 - Demographic shifts, economic realities, and societal changes have over the years fundamentally altered the way we plan for our sunset years.

16 April 2024 - Bank of Africa (BOA) Kenya tapped $10 million (Sh1.3 billion) loan in the financial year ended December.

16 April 2024 - Kenyans living and working abroad sent home Sh158 billion during the first three months of this year.

16 April 2024 - EACC has recovered a parcel of public land in Nakuru city centre estimated to be worth Sh100 million.

16 April 2024 - The Capital Markets Authority and property investors are lobbying the government to reinstate the exemption of Real Estate Investment Trusts (REITs) from paying stamp duty.

16 April 2024 - The average time to maturity for issued Treasury bonds fell to seven years and nine months or 7.8 years in January.

15 April 2024 - Housing Finance is seeking to recover a loan of more than Sh3.1 billion from Kampala International University.

15 April 2024 - The Nigerian currency has gone from being the worst-performing currency in the world to the best-performing currency. The Nigerian Naira experienced a 12% gain in April after being reported as the worst-performing currency in February. Assuming…

15 April 2024 - Apple's smartphone shipments dropped about 10% in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers aiming for the top spot, data from research firm IDC showed on Sunday.

15 April 2024 - The digital wallet was approved in 2022 by CMA

15 April 2024 - KISUMU, Kenya, April 15 – The Energy and Petroleum Regulatory Authority (EPRA) has embarked on a mission to sensitize the public on compliance and non-conformity when dealing with electricity and petroleum products to reduce loss of lives and property…

15 April 2024 - Kenyan women are more likely to experience challenges in accessing financial services, a survey by Kenya’s non-banking lender Tala has shown.

15 April 2024 - MANILA, April 15 (Xinhua) — Personal remittances from overseas Filipinos reached 2.95 billion U.S. dollars in February, recording a 3 percent year-on-year growth, the Philippine central bank said on Monday. The Bangko Sentral ng Pilipinas (BSP) said…

15 April 2024 - NAIROBI, Kenya, April 15 – Kenyans abroad sent home an additional Sh2.85 billion into the country, growing total remittances last month to Sh53.2 billion. In February, inflows stood at Sh50.5 billion, representing a slight increase. “The United States…

15 April 2024 - NAIROBI, Kenya, April 15 – The Private Security Regulatory Authority (PSRA) has directed all private security firms to immediately stop the deductions and remittances of security guards’ monthly trade union fee contributions to the Central…

15 April 2024 - KABUL, April 15 (Xinhua) — Afghanistan has exported over 2,500 tonnes of pine nuts worth 27 million U.S. dollars in the past 12 months, local media reported Sunday. Most of the dry fruits were exported to Afghanistan’s trade partners, including China…

15 April 2024 - NAIROBI, Kenya, April 15 – Small-scale poultry farmers have protested the impending government move to allow the importation of finished poultry products from the United States. In a letter addressed to the Ministry of Investment, Trade, and…

15 April 2024 - Kenya Power reduces electricity costs for the month of April-May by 13.7 per cent, citing a drop in fuel prices and foreign exchange fluctuation.

15 April 2024 - The launch marks a major step towards improving the ease of doing business in the country, addressing the need for efficient and streamlined services that facilitate business establishment and growth.KBSC will also enable businesses to access loans…

15 April 2024 - With a population of over 40 million people and a steadily growing middle class, Uganda offers a sizable consumer market hungry for goods and services. Kenyan businesses can tap into this market to sell their expertise and products.

15 April 2024 - At the beginning of the year, Equity Bank launched its overdraft facility, Boostika. Boostika is similar to Fuliza, an M-Pesa overdraft facility that, in August last year, reported that Kenyans were borrowing Ksh2 billion daily. ‍Although these two…

15 April 2024 - The new rates will see the lowest spenders, customers consuming less than 30 units per month, pay Sh20.96 for a unit

15 April 2024 - The cost of diesel reduced by a big margin of Sh10, and will for the next one month retail at Sh180.38 a litre in Nairobi.

15 April 2024 - Across Africa, each city has its narrative to share. While some cities boast modern facilities, lively cultures, and decent living standards, others face challenges like poor infrastructure, poverty, and inequality.

15 April 2024 - NAIROBI, Kenya, April 15 – Kenyans will now enjoy cheaper electricity bills after Kenya Power announced a 13.7 percent power cost cut starting this month. The utility firm links the drop to the strengthening of the Kenyan shilling against the American…

15 April 2024 - Oil prices fell during trade on Monday, as market participants dialled back risk premiums following Iran's attack on Israel late on Saturday which the Israeli government said caused limited damage.

15 April 2024 - It is that time of the week again when we look at the news headlines over the last seven days and dissect those that can affect your money. Welcome to yet another edition of Money Weekly.