Month: November 2019
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Business
EABL appoints new Chairman
Dr. Oduor Otieno takes over from Charles Muchene, who stepped down after completing the maximum tenure of nine years allowed…
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News
Implementation of excise stamps on excisable goods to boost KRA’s earnings
Kenya Revenue Authority (KRA) will from Wednesday start piloting Excisable Goods Management System (EGMS) on bottled water, juices, energy drinks,…
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News
KRA to appeal the ruling on taxation of bets
Kenya Revenue Authority (KRA) has announced that it will challenge the judgement of the tax appeals tribunal delivered on November…
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News
Zimbabwe government fires over 200 striking doctors
Zimbabwe has fired 211 public sector doctors who have been on strike for the last two months. The doctors took…
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News
Australia central bank gives up on wage growth
Australia’s central bank took a decidedly dovish turn on wage growth and inflation on Friday, forecasting the figures to stay…
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News
Uncertainty over the United States and China deal persists
Asian stocks retreated from six-month highs on Friday on uncertainty over whether and when the United States and China will…
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News
Stanlib transfers REIT to ICEA lion asset managers
Stanlib Kenya Limited has informed the Co-operative bank of Kenya limited of its intention to transfer its REIT to ICEA…
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News
Nairobi High Court rules that AGMs should proceed
The Nairobi High Court has ruled that 54 tea factories and Kenya Tea Development Agency’s annual general meetings, which are…
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News
KenGen to ensure prudent management of dams
Kenya Electricity Generating Company (KenGen) says it will continue monitoring water levels in its hydropower generating dams countrywide in order…
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News
Co-op Bank, CFAO Kenya sign financing scheme
Farmers and agricultural co-operative societies that are looking to mechanize their farm operations now have a chance to access credit…
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