Month: May 2021
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Politics
MPs to hold special sitting to debate CJ Nominee Martha Koome Report
The Speaker of the National Assembly, Justin Muturi has gazetted a Special House sitting, Wednesday, for the tabling and debate…
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Corporate
Ascent raises Ksh.10.8 billion as it announces first close of Ascent Rift Valley Fund II
African SME private equity fund manager, Ascent has announced the first rolling close of its Ascent Rift Valley Fund II…
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Economy
Dubai hotels to operate at full capacity as UAE relaxes COVID-19 restrictions
Dubai has officially eased COVID-19 restrictions allowing hotels in the regional tourism hubs to function at full capacity. The Government…
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Regions
Double blow: Cyclone hits India killing 21 amid COVID-19 crisis
At least 21 people have died with nearly 100 others missing after a monster cyclone ripped through western India Monday…
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Markets
CMA lists seven firms to its innovation hub
The Capital Markets Authority (CMA) has admitted seven firms to its Regulatory Sandbox. The innovation hub allows firms to test…
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Corporate
Safaricom feted for outstanding contribution to Mobile industry
Kenya’s largest telco by market share, Safaricom has been presented with the “Outstanding Contribution to the Mobile Industry Award” by the GSM…
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Finance
Relief for Kenyan online businesses as Treasury seeks to exempt locals from digital tax
The National Treasury is now pushing to exempt local businesses from the Digital Service Tax (DST). Under the 2021 Finance…
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Politics
Reasons why Wajir Governor Mohamud was impeached
The Senate has upheld the removal from office by impeachment of Wajir County Governor Mohamed Abdi Mohamud. Twenty five Senators…
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Health
Kenya records 10 new fatalities from COVID-19
Kenya has recorded 10 new fatalities arising from COVID-19, raising the country’s cumulative fatalities to 3,013. According to the latest…
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Corporate
Transcentury proposes Rights Issue to boost its turnaround strategy
Listed investment firm, Transcentury Plc has proposed to undertake a Rights Issue to raise funds as part of its turnaround…
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