Business
Airbus SE Reports Strong Growth with 1,280 Gross Orders and 7,992 Backlog for Commercial Aircraft in Q3 2023
November 10, 2023
Airbus SE Reports Strong Growth with 1,280 Gross Orders and 7,992 Backlog for Commercial Aircraft in Q3 2023
Airbus SE, under the stock exchange symbol AIR, has released its consolidated financial results for the nine months ending on…
Safaricom Reports 2.1% Growth in Net Income, Reaching Ksh.34.2 Billion in H1 2023
November 9, 2023
Safaricom Reports 2.1% Growth in Net Income, Reaching Ksh.34.2 Billion in H1 2023
Safaricom Plc has reported a 2.1 percent growth in net income for the first half of 2023, reaching Ksh.34.2 billion.…
Kenya’s Economic Challenge: Rising Debt-Service Costs Amid Fiscal Strains
November 9, 2023
Kenya’s Economic Challenge: Rising Debt-Service Costs Amid Fiscal Strains
Kenya is grappling with economic challenges that have led the government to contemplate drastic measures to boost revenue collection and…
Coca Cola, Child Fund Conclude Ksh18 million Waste Management Project
November 9, 2023
Coca Cola, Child Fund Conclude Ksh18 million Waste Management Project
The Ksh18 million waste management project by ChildFund and Coca Cola in Nairobi’s Mukuru informal settlement has been concluded after…
CBK raises Ksh.67 billion from oversubscribed 6.5-year bond
November 8, 2023
CBK raises Ksh.67 billion from oversubscribed 6.5-year bond
The Ksh. 50 billion bond that was issued was oversubscribed, raising Ksh. 67 billion for the 6.5-year bond offering. This…
25 Countries Converge for Kenya’s $6.6 Billion Construction Boom in 3-Day Event
November 8, 2023
25 Countries Converge for Kenya’s $6.6 Billion Construction Boom in 3-Day Event
The Big 5 Construct Kenya, a major event in the construction industry, returned to Nairobi in November, bringing together 150…
KRA Issues New Directive for All Businesses Effective September 2023
November 8, 2023
KRA Issues New Directive for All Businesses Effective September 2023
Effective from September 1, 2023, all businesses, regardless of whether they are registered for Value Added Tax (VAT) or not,…
KRA Now Targets Airbnb to Ensure Tax Compliance Among Kenyan Hosts
November 8, 2023
KRA Now Targets Airbnb to Ensure Tax Compliance Among Kenyan Hosts
The Kenya Revenue Authority (KRA) has taken a significant step towards ensuring tax compliance among Kenyan hosts on Airbnb, the…
Two Fundamental Principles for Running a Business
November 8, 2023
Two Fundamental Principles for Running a Business
Veerakumar Natarajan, the Zoho Manager in Kenya, emphasizes two fundamental principles in business. The first principle revolves around Financial Prudence.…
Kenya To Lead Charge in Africa to lessen dependency on US Dollar
November 8, 2023
Kenya To Lead Charge in Africa to lessen dependency on US Dollar
Kenya is leading the charge among African nations to lessen their dependency on the US dollar after winning the competition…