Business
KTDA announces tea bonus earnings will fall by 35%
October 3, 2019
KTDA announces tea bonus earnings will fall by 35%
Bonus payments to Kenyan smallholder tea farmers are set to fall by 35% this year. This is following an 18.6%…
Equity rebrands as part of transformation and expansion drive
October 3, 2019
Equity rebrands as part of transformation and expansion drive
Equity has unveiled a new look and identity in line with the company’s ongoing plan to transform the business and…
KRA vows to meet tax targets for financial year 2019/2020
October 3, 2019
KRA vows to meet tax targets for financial year 2019/2020
The Kenya Revenue Authority (KRA) has exuded confidence in meeting the Ksh2.12 trillion tax target for the year 2019/20 through…
Kenya’s economic growth stagnated at 5.6 p.c during Q2 of 2019
October 3, 2019
Kenya’s economic growth stagnated at 5.6 p.c during Q2 of 2019
Kenya’s economic growth between April and June in 2019 stagnated at 5.6 percent for a second consecutive quarter.The growth recorded…
US embassy in Somalia reopened after 28 years
October 3, 2019
US embassy in Somalia reopened after 28 years
"[It] is another step forward in the resumption of regular US-Somalia relations, symbolising the strengthening of US-Somalia relations and advancement…
SportPesa off the market, sends home all of its employees
October 3, 2019
SportPesa off the market, sends home all of its employees
On September 27, Sportppesa put to a halt its operation in Kenya after long months of protracted legal battle with…
All ranitidine drugs recalled from the market over cancer risk
October 3, 2019
All ranitidine drugs recalled from the market over cancer risk
The government has recalled all ranitidine products from the Kenyan market following the discovery of impurities in the drugs used…
Coffee prices pick in new season as prices of brown bean increases by 6.4%
October 2, 2019
Coffee prices pick in new season as prices of brown bean increases by 6.4%
Kenya’s brown bean kicked off the new season at the auction on a high of KSh.11,500 for a 50 kilogram…
Efficiency at Mombasa port sees KPA record a 9.9% growth in revenue
October 2, 2019
Efficiency at Mombasa port sees KPA record a 9.9% growth in revenue
The Kenya Ports Authority recorded a 9.9 percent growth in revenue between January and August compared with the same period…
Inflation in September drops to 3.8%
October 1, 2019
Inflation in September drops to 3.8%
Kenya’s overall year on year inflation for the month of September dropped to 3.83% from 5.0% in August. According to…