Business
Agency in dams contracts to pay KRA Ksh.643 million
June 8, 2021
Agency in dams contracts to pay KRA Ksh.643 million
The Kenya Revenue Authority (KRA) has been allowed to demand Ksh643 million in taxes after the Tax Appeal Tribunal dismissed…
India’s Koo app launches in Nigeria after Twitter suspension
June 8, 2021
India’s Koo app launches in Nigeria after Twitter suspension
Indian micro-blogging social media company Koo is expanding its footprints in Nigeria, this is according to the company co-founder Aprameya…
Kenya issues new code of practice for production, distribution of Miraa
June 8, 2021
Kenya issues new code of practice for production, distribution of Miraa
Kenya has approved a new code of practice to guide sanitary production and distribution of Miraa produce in the country.…
Investors sold off Ksh.1.9 billion NSE stocks in 5 months
June 8, 2021
Investors sold off Ksh.1.9 billion NSE stocks in 5 months
Foreign investors have sold stocks worth Ksh.1.9 billion at the Nairobi Securities Exchange (NSE) since the beginning of the year.
Uganda goes into another lockdown as COVID-19 cases surge
June 7, 2021
Uganda goes into another lockdown as COVID-19 cases surge
Uganda has entered yet another partial lockdown, as the government grapples to contain the surging numbers of COVID-19. Currently, the…
Kenya Shilling slightly appreciated against US Dollar in May
June 7, 2021
Kenya Shilling slightly appreciated against US Dollar in May
The Kenya Shilling appreciated by 0.2 percent against the US Dollar during the month of May to close the month…
559,000 Americans hired in May as hiring rebounds
June 5, 2021
559,000 Americans hired in May as hiring rebounds
The United States of America employers added 559,000 jobs in May, rebounding from April’s hiring slowdown, with unemployment rate dropping…
Kenya’s first Ksh.3 billion fertilizer plant starts operations in Nakuru
June 4, 2021
Kenya’s first Ksh.3 billion fertilizer plant starts operations in Nakuru
A multi-billion shilling fertilizer plant that will meet the specific soils and crop conditions across the East African region has…
Devki withdraws bid to lease Mumias Sugar Company
June 4, 2021
Devki withdraws bid to lease Mumias Sugar Company
Devki Group of Companies has withdrawn its bid to lease Mumias Sugar Company, which is currently under receivership. In a…
Mombasa LPG Import Terminal Receives Ksh. 2.5 billion loan from the IFC
June 4, 2021
Mombasa LPG Import Terminal Receives Ksh. 2.5 billion loan from the IFC
Mombasa Gas Terminal, a company specialising in the importation, storage and marketing of liquefied petroleum gas (LPG), has received a…