Business

Banking sector contributed 7.5% of taxes collected between 2019, 2020

Banking sector contributed 7.5% of taxes collected between 2019, 2020

The Kenya banking sector contributed 7.5 percent of the total tax collected between 2019 and 2020 amounting to Ksh.224.9 billion.…
School heads frustrating push to achieve 100% transition

School heads frustrating push to achieve 100% transition

With the relentless efforts by the Ministry of Education to ensure 100 percent transition from Primary to Secondary schools, School…
78% of Kenyan businesses experiencing increased Cyber threats

78% of Kenyan businesses experiencing increased Cyber threats

At least 78 percent of Kenyan businesses have experienced an increase in Cyber Security threats. This is according to the…
Fast-rising digital lending sector still remains untapped, study shows

Fast-rising digital lending sector still remains untapped, study shows

The uptake of digital credit services in Kenya continues to experience explosive growth since the launch of M-Shwari in 2012…
WPP Scangroup emerges top gainer on NSE despite posting Ksh.1.7 billion loss

WPP Scangroup emerges top gainer on NSE despite posting Ksh.1.7 billion loss

The troubled WPP Scangroup led Wednesday’s top gainers on the Nairobi Securities Exchange (NSE) when its shares edged up 12.78…
Kenya Airways scoops E-commerce Travel and Tourism Award

Kenya Airways scoops E-commerce Travel and Tourism Award

Kenya Airways (KQ) has bagged the E-commerce Travel and Tourism Award during this year’s Kenya E-commerce Awards. Their win is…
Naivas launches product to relieve customers burden of coins as change

Naivas launches product to relieve customers burden of coins as change

Naivas Supermarket has launched a micro-savings product, which will see its customers save their spare change while doing shopping. The…
Asian shares plummet on slow-growth fear as dollar stays near three-week low

Asian shares plummet on slow-growth fear as dollar stays near three-week low

Bt Reuters Asian shares slumped on Wednesday while the dollar inched back from three-week lows, as worries about slowing global…
WPP Scangroup posts Ksh.1.7 billion full year loss, clears former executives

WPP Scangroup posts Ksh.1.7 billion full year loss, clears former executives

After months of waiting due to delayed trading updates, WPP Scangroup has posted a Ksh.1.7 billion full year loss for…
50% of construction work going on in Nairobi is illegal, says NMS

50% of construction work going on in Nairobi is illegal, says NMS

The Nairobi Metropolitan Services (NMS) has raised concerns over mushrooming and unapproved construction going on in the city. Peter Kariuki…
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