Economy
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Court stops recruitment of new CA boss, Wangusi reinstated
The court has stopped the recruitment of Director-General of Communications Authority of Kenya (CA) Mercy Wanjau, following her appointment by…
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Stanchart half-year net profit up 5.6% to Ksh.6.9 bn
Standard Chartered bank Kenya recorded a 5% growth in pre-tax profits to ksh6.9 billion, attributed to a 70% drop in…
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KQ records Ksh.8.6 billion loss in 2019 half year results
By Victoria Amunga/…National carrier Kenya Airways (KQ) has posted a pretax loss of Ksh.8.56 billion in its 2019 half year…
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President Kenyatta off to Japan for TICAD 7 Summit
President Uhuru Kenyatta is out of the country to attend the Tokyo International Conference African Development (TICAD) that is slated…
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Treasury; Counties failed to spend Sh85.6 billion in FY 2018/19
The huge unspent balance of Ksh.85 billion by all Counties has been revealed even as Governors’ demand for an extra…
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Naivas supermarket chairman Simon Mukuha dies at Aga Khan Hospital
Naivas Supermarket has been plunged into mourning following the death of the retail firm’s chairman, Simon Mukuha. The supermarket’s Chief…
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Trade CS Munya on the spot over Ksh.10 bn edible oil
The controversial edible oil that was impounded by the government has not been released as earlier claimed by CS Trade…
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Four companies shut down by the government amidst mass job layoffs
National Environment Management Authority (NEMA) shut down four companies in Nairobi’s Industrial Area for discharging life-threatening waste into Nairobi River.…
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KRA To Vet Capital Gains Tax Exemptions
The Kenya Revenue Authority (KRA) has enhanced the itax system to Closely monitor exemption declarations on transactions that attract capital…
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South Africa Seizes Air Tanzania Plane Over Unpaid Farm Claim.
South Africa has impounded a plane belonging to Tanzania’s national carrier over a farmer’s $33-million compensation claim for land, which…
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