Business

Agency in dams contracts to pay KRA Ksh.643 million

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

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

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

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

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

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

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

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

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Devki Group of Companies has withdrawn its bid to lease Mumias Sugar Company, which is currently under receivership.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

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…
Back to top button