Business

Artists to pocket 52% from skiza revenues after Uhuru signed Copyright Bill into law

Artists to pocket 52% from skiza revenues after Uhuru signed Copyright Bill into law

The Copyright (Amendment) Bill, 2021 was signed into law Monday, April 4 by President Uhuru Kenyatta dealing a big win…
Uhuru signs Supplementary Bill into law, unlocking Ksh.34 billion to deal with fuel crisis

Uhuru signs Supplementary Bill into law, unlocking Ksh.34 billion to deal with fuel crisis

President Uhuru Kenyatta signed key Parliamentary Bills into law Monday, April 4 to deal with the financing crisis that has…
President Kenyatta signs 5 parliamentary Bills into law

President Kenyatta signs 5 parliamentary Bills into law

President Uhuru Kenyatta has signed into law five parliamentary bills among them the 2022 Supplementary I Appropriation Bill (Supplementary Budget).…
UAP Insurance profit up 24% to Ksh.13.1 billion in 2021 full year results

UAP Insurance profit up 24% to Ksh.13.1 billion in 2021 full year results

UAP Insurance gross written premiums surged by 24 percent to Ksh.13.18 billion for the full year ended December 31, 2021,…
Kenya Shilling hits 15-month all time low to 115 units against US Dollar

Kenya Shilling hits 15-month all time low to 115 units against US Dollar

The Kenya shilling hit a 15-month all-time low of 115 units against the US dollar Monday, the lowest record in…
Government owes Oil Marketers Ksh.13 billion, reason behind fuel shortage

Government owes Oil Marketers Ksh.13 billion, reason behind fuel shortage

Oil Marketing Companies (OMC) in Kenya have made a number of demands to the Government, including the immediate payment of…
Central, Uhuru Park park to be upgraded to international standard in Ksh.1 billion funding

Central, Uhuru Park park to be upgraded to international standard in Ksh.1 billion funding

Members of Parliament passed the bill and mini-budget which will see the upgrade of both Central and Uhuru parks upgraded…
Family Bank signs Ksh.1.1 billion deal with Eco.business for tea farmers financing

Family Bank signs Ksh.1.1 billion deal with Eco.business for tea farmers financing

Family Bank has inked a Ksh.1.1 billion deal with Eco.business to finance agricultural producers in Kenya. The deal targets key…
Naivas, Quickmart expansion shaped real estate growth in Q1 of 2022; see highlights

Naivas, Quickmart expansion shaped real estate growth in Q1 of 2022; see highlights

In quarter one (Q1) of 2022, the Real Estate sector recorded notable activities compared to a similar period in 2021…
Large scale farmers excluded from Ksh.5.7 billion fertilizer subsidy fund

Large scale farmers excluded from Ksh.5.7 billion fertilizer subsidy fund

The Ministry of Agriculture has reduced the number of bags per producer to 10, a move which excludes the country’s…
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