Business

Stanbic half year profit up Ksh.3.5 billion, approves Ksh.1.70 dividend per share

Stanbic half year profit up Ksh.3.5 billion, approves Ksh.1.70 dividend per share

Stanbic Holdings earnings surged by 34.6 percent to record Ksh.3.5 billion in six months to June 2021 compared to Ksh.2.6…
New tax policy to ease cargo clearance for low volume importers

New tax policy to ease cargo clearance for low volume importers

Kenyan traders engaged in small-scale importation of goods will now be able to clear their cargo faster under a new…
Why lenders, borrowers should take advantage of CRB ratings [video]

Why lenders, borrowers should take advantage of CRB ratings [video]

Lenders and borrowers have been advised to take advantage and leverage on the Credit Reference Bureau (CRB) ratings while giving…
Senators blame pharmacists for levy confusion

Senators blame pharmacists for levy confusion

The Senate Committee on Health now wants the Pharmaceutical Society of Kenya to clear out the confusion surrounding operations of…
Kenya partners with marketing agency to promote tourism destination

Kenya partners with marketing agency to promote tourism destination

The Kenya Tourism Board (KTB) partnered with an international marketing agency, Action Marketing Plus, to showcase Nairobi’s attractions through running…
Shell to pay Nigerian community over Ksh.12 billion due to oil spillage

Shell to pay Nigerian community over Ksh.12 billion due to oil spillage

Shell has agreed to pay a community in Nigeria more than Ksh.12 billion (US$.110 million) to resolve a long-running dispute…
Senators back proposed Coconut Industry Development Bill 2021

Senators back proposed Coconut Industry Development Bill 2021

Three Senators from the Coastal region have backed the proposed Coconut Industry Development Bill 2021 that seeks to improve the…
Google employees who chose to work from home to receive pay cut

Google employees who chose to work from home to receive pay cut

The giant tech, Google has developed a pay calculator which will let employees who chose to work from home get…
Kenya’s debt not a problem, says CS Yatani

Kenya’s debt not a problem, says CS Yatani

The National Treasury Cabinet Secretary Ukuru Yatani has compared Kenya’s Gross Domestic Product (GDP) to that of advanced economies like…
Manufacturers want KRA to shelve inflation adjustment on specific rates of excise duty

Manufacturers want KRA to shelve inflation adjustment on specific rates of excise duty

The Kenya Association of Manufacturers (KAM) now wants the Kenya Revenue Authority (KRA) to halt the implementation of inflation adjustment…
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