Business
KQ records Ksh.8.6 billion loss in 2019 half year results
August 27, 2019
KQ records Ksh.8.6 billion loss in 2019 half year results
By Victoria Amunga/…National carrier Kenya Airways (KQ) has posted a pretax loss of Ksh.8.56 billion in its 2019 half year…
President Kenyatta off to Japan for TICAD 7 Summit
August 27, 2019
President Kenyatta off to Japan for TICAD 7 Summit
President Uhuru Kenyatta is out of the country to attend the Tokyo International Conference African Development (TICAD) that is slated…
Treasury; Counties failed to spend Sh85.6 billion in FY 2018/19
August 27, 2019
Treasury; Counties failed to spend Sh85.6 billion in FY 2018/19
The huge unspent balance of Ksh.85 billion by all Counties has been revealed even as Governors’ demand for an extra…
Naivas supermarket chairman Simon Mukuha dies at Aga Khan Hospital
August 27, 2019
Naivas supermarket chairman Simon Mukuha dies at Aga Khan Hospital
Naivas Supermarket has been plunged into mourning following the death of the retail firm’s chairman, Simon Mukuha. The supermarket’s Chief…
Trade CS Munya on the spot over Ksh.10 bn edible oil
August 27, 2019
Trade CS Munya on the spot over Ksh.10 bn edible oil
The controversial edible oil that was impounded by the government has not been released as earlier claimed by CS Trade…
Four companies shut down by the government amidst mass job layoffs
August 27, 2019
Four companies shut down by the government amidst mass job layoffs
National Environment Management Authority (NEMA) shut down four companies in Nairobi’s Industrial Area for discharging life-threatening waste into Nairobi River.…
KRA To Vet Capital Gains Tax Exemptions
August 26, 2019
KRA To Vet Capital Gains Tax Exemptions
The Kenya Revenue Authority (KRA) has enhanced the itax system to Closely monitor exemption declarations on transactions that attract capital…
South Africa Seizes Air Tanzania Plane Over Unpaid Farm Claim.
August 26, 2019
South Africa Seizes Air Tanzania Plane Over Unpaid Farm Claim.
South Africa has impounded a plane belonging to Tanzania’s national carrier over a farmer’s $33-million compensation claim for land, which…
Kenya Set To Begin Exporting Specialty Tea To China
August 26, 2019
Kenya Set To Begin Exporting Specialty Tea To China
This is following the signing of an agreement that will see the Chinese traders buy 5 million kilos of specialty…
Turkana oil to create more than 50,000 Maritime jobs for Kenyans
August 26, 2019
Turkana oil to create more than 50,000 Maritime jobs for Kenyans
Kenya has beat odds to become first East African nation to export oil and stands to benefit more from the…