Business

Businessman Humphrey Kariuki breaks his silence on Ksh.41 billion tax evasion

Businessman Humphrey Kariuki breaks his silence on Ksh.41 billion tax evasion

Nairobi businessman Humphrey Kariuki has come out to address allegations that his companies evaded taxes amounting to Ksh.41 billion.In a…
Kenya Animal Genetic Resource Centre To Establish Sexed Semen Technology To Improve Livestock Sector

Kenya Animal Genetic Resource Centre To Establish Sexed Semen Technology To Improve Livestock Sector

Photo Courtesy : FlickrThe government has allocated KSh1 billion to the Kenya Animal Genetic Resource Centre (KAGRC) to establish a…
Family Bank’s pretax profit up by 257% to KSh. 520.9 million

Family Bank’s pretax profit up by 257% to KSh. 520.9 million

Family bank recorded a near four-fold increase in its profitability to post a pre-tax profit of Ksh. 520.9 million during…
Spanish Woman Arrested With Ivory Bracelet At JKIA.

Spanish Woman Arrested With Ivory Bracelet At JKIA.

Photo courtesy : The Kenya Wildlife Service (KWS)A Spanish woman has become the second foreigner in a week to be…
Swahili to be enacted as an official language in SADC

Swahili to be enacted as an official language in SADC

Representatives attending the 39th Summit of Southern African Development Community (SADC) on August 17, agreed to adopt Swahili as a…
Betting firms explain how tax on winnings is deducted

Betting firms explain how tax on winnings is deducted

Since the government introduced taxation on proceeds from betting, it has caused rage among bettors, many finding it unreasonable to…
Tullow oil Kenya to contribute Ksh.154 billion in revenue by 2022

Tullow oil Kenya to contribute Ksh.154 billion in revenue by 2022

Tullow oil anticipates that oil production will contribute around Ksh154 billion in revenue once the Early Oil Pilot scheme moves…
Huawei introduces new product for smooth operation for its customers

Huawei introduces new product for smooth operation for its customers

Huawei has released its new product dubbed EMU110 which will now allow its users to connect between multiple devices as…
US gives Huawei a 90 day reprieve on ban

US gives Huawei a 90 day reprieve on ban

The United States gave China’s tech giant Huawei a 90-day reprieve Monday on a ban against buying us technology, but…
Stock market report and NSE Closing Numbers

Stock market report and NSE Closing Numbers

A slight improvement in share prices was seen at the close of the Nairobi Securities Exchange on Monday afternoon with…
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