Business
High Court resumes Mumias Sugar leasing case
February 16, 2022
High Court resumes Mumias Sugar leasing case
The case challenging the leasing of Mumias Sugar Company Limited to Sarrai Group has kicked off in earnest with the…
Govt eyes SACCO savings to finance affordable housing
February 16, 2022
Govt eyes SACCO savings to finance affordable housing
The government is now eyeing SACCO savings to finance affordable housing units for police officers, Interior Cabinet Secretary Dr. Fred…
KRA ordered not to collect Ksh.427 million from Kidero pending hearing
February 16, 2022
KRA ordered not to collect Ksh.427 million from Kidero pending hearing
Former Nairobi Governor Dr. Evans Kidero got a reprieve after the court suspended an order requiring the Kenya Revenue Authority…
Govt reinstates hiring exercise in parastatals
February 16, 2022
Govt reinstates hiring exercise in parastatals
Thousands of Kenyans will soon be lined up for hire following the government’s order to lift a five-year hiring freeze.…
Safaricom’s Q3 results up 16% on increased M-Pesa transactions
February 16, 2022
Safaricom’s Q3 results up 16% on increased M-Pesa transactions
M-Pesa transactions increased by 16.1 percent for the third quarter ended December 2021, strengthening Safaricom’s revenue portfolio. “Our M-Pesa platform,…
Tough times ahead for parents as publishers seek 12% hike for textbooks
February 16, 2022
Tough times ahead for parents as publishers seek 12% hike for textbooks
Parents may face a potential book price rise in the near future after the Kenya Publishers Association (KPA) wrote to…
CMA okays Central Depository to offer securities lending, borrowing
February 16, 2022
CMA okays Central Depository to offer securities lending, borrowing
The Capital Markets Authority has approved Central Depository and Settlement Corporation (CDSC) to offer securities lending and borrowing (SLB) as…
Kenya seeks to re-establish presence at Dubai Expo
February 16, 2022
Kenya seeks to re-establish presence at Dubai Expo
Kenya is seeking to re-establish its presence in the United Arab Emirates (UAE) as a tourism and investment destination. Cabinet…
Kenya, Tanzania trade volume doubles to Ksh.60 billion
February 14, 2022
Kenya, Tanzania trade volume doubles to Ksh.60 billion
Kenya and Tanzania’s trade volume doubled within a six-month period after President Uhuru Kenyatta and Samia Suluhu struck a bilateral…
Looming higher inflation as maize flour price jumps 12%
February 14, 2022
Looming higher inflation as maize flour price jumps 12%
Kenya risks higher inflation of flour prices following the significant increase in maize prices, a move that is threatening the…