Business

KTDA’s new board sends CEO, top executives on compulsory leave

KTDA’s new board sends CEO, top executives on compulsory leave

A showdown is looming within the Kenya Tea Development Agency (KTDA) with two factions laying claim on the leadership of…
KTDA shareholders elect new Directors

KTDA shareholders elect new Directors

The Kenya Tea Development Agency (KTDA) has announced its new directors after elections were held on Saturday.According to KTDA Holdings…
Kenyans living abroad sent home Ksh.34 billion in May

Kenyans living abroad sent home Ksh.34 billion in May

Kenyans living and working abroad sent home a record high Ksh.34 billion in May this year, the highest inflows ever…
Coffee farmers want CMA out of Coffee business

Coffee farmers want CMA out of Coffee business

Coffee farmers are now calling on the government to suspend the Capital Markets Authority’s (CMA) coffee exchange regulations of 2020…
Bitcoin drops by more than half as China intensifies crackdown

Bitcoin drops by more than half as China intensifies crackdown

Bitcoin took a nosedive as much as 9 percent Monday as recent volatility in the cryptocurrency market showed no signs…
T-Bills remained oversubscribed in the past week

T-Bills remained oversubscribed in the past week

Last week, T-bills remained oversubscribed, with the overall subscription rate coming in at 152.9 percent, a decline from the 181.8…
KRA announces new revenue collection system for Nairobi

KRA announces new revenue collection system for Nairobi

The Kenya Revenue Authority (KRA) has announced a new revenue collection platform for Nairobi City County.KRA says Nairobi revenue system…
Kenyans to pay higher for electricity bill

Kenyans to pay higher for electricity bill

Kenyans face steeper electricity bills this month after upward adjustments to ‘non-constant’ tariffs by the Energy and Petroleum Regulatory Authority…
Banking sector to hold week-long Inua Biashara summit for MSMEs

Banking sector to hold week-long Inua Biashara summit for MSMEs

The Kenya banking industry under the umbrella of the Kenya Bankers Association (KBA) will host the second Inua Biashara Summit…
25 arrested as NEMA cracks down on plastic bags

25 arrested as NEMA cracks down on plastic bags

In 2017, Kenya moved to the forefront of the global war on single-use plastics when it outlawed the manufacturing, sale…
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