Bank of England holds benchmark rate at 5.25 pct
LONDON, May 9 (Xinhua) -- The Bank of England (BoE), the United Kingdom's (UK) central bank, announced on Thursday that it will maintain its benchmark Kenya breaking news | Kenya news today |
Capital Business
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China opposes U.S. sanctions against Chinese companies over Russia
BEIJING, May 9 (Xinhua) -- China strongly opposes the recent U.S. sanctions applied to 20 Chinese companies for allegedly supporting Russia's Kenya breaking news | Kenya news today |
Capital Business
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Bartesh Shah appointed new SBM Bank Kenya CEO
NAIROBI, Kenya, May 9 - SBM Bank Kenya has appointed Bhartesh Shah as the new Chief Executive Officer, effective today. Shah takes over from Moezz Mir, Kenya breaking news | Kenya news today |
Capital Business
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Trade CS Miano asks traders to carefully select areas of investment
NAIROBI, Kenya, May 9 - Investments, Trade and Industry Cabinet Secretary Rebecca Miano has urged traders in Kenya to be specific on areas to invest, Kenya breaking news | Kenya news today |
Capital Business
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46 pct of Sri Lankan women, 10 pct of school children obese
COLOMBO, May 9 (Xinhua) -- Forty-six percent of women and 10 percent of school children in Sri Lanka are obese, state media reported on Thursday, quoting Kenya breaking news | Kenya news today |
Capital Business
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Kenyans in the diaspora urged to send more money back home
NAIROBI, Kenya, May 9 - The government has urged Kenyans living in the Diaspora to invest back at home. In a statement delivered during a cultural event Kenya breaking news | Kenya news today |
Capital Business
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Air India Express lays off employees over mass sick leave
NEW DELHI, May 9 (Xinhua) -- Air India Express has sacked at least 30 employees, mostly cabin crew, over mass sick leave amid flight cancellations, Kenya breaking news | Kenya news today |
Capital Business
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Elgeyo Marakwet investors want to be allowed to harvest trees in public forests
NAIROBI, Kenya, May 9 - Elgeyo Marakwet investors have urged the government to allow them to harvest mature and overmature trees in public forests. Kenya breaking news | Kenya news today |
Capital Business
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The A-Z of land surveying: All you need to know
Land surveying, an ancient practice deeply woven into the fabric of human civilisation, has evolved significantly over the ages.
Nation Business
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Finance Act 2024 to offer clarity on tax payments, Parliament assures
NAIROBI, Kenya, May 9 - The National Assembly Committee on Finance and National Planning Chairperson Kuria Kimani has assured that the Finance Act 2024 Kenya breaking news | Kenya news today |
Capital Business
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Boeing whistleblower says plane parts had serious defects
May 9 - Plane bodies made by Boeing's largest supplier regularly left the factory with serious defects, according to a former quality inspector at the Kenya breaking news | Kenya news today |
Capital Business
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Intel shares drop as U.S. sanctions hit revenue outlook
NEW YORK, May 8 (Xinhua) -- Intel, a major player in the chip industry, suffered a material drop in its stock price on Wednesday as its operations faced a Kenya breaking news | Kenya news today |
Capital Business
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Estonian edutech investors eye Kenyan market
NAIROBI, Kenya, May 9 - Estonia-based tech education publisher Starcloud is set to partner with Kenya’s education stakeholders to modernize the delivery Kenya breaking news | Kenya news today |
Capital Business
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Safaricom first regional company to surpass billion-dollar earnings
Safaricom net profit for the full year to March rose 1.2 percent to Sh62.99 billion.
Nation Business
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Puzzle of Kenya Pipeline's Sh1.3bn annual payment to defunct firm
Kenya Pipeline has been paying refinery, which ceased operations 10 years ago.
Nation Business
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Puzzle of Sh1.3bn payment by Kenya Pipeline to defunct firm
Kenya Pipeline has been paying refinery, which ceased operations 10 years ago.
Nation Business
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Taxman goes after landlords over stagnant rental incomes
Revenue authority writes to property owners asking them to ensure they charge market rates.
Nation Business
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Irony of State entities snubbing KRA’s electronic invoice system
The Treasury is on the spot over the failure of MDAs to onboard their services on the electronic Tax Invoice Management System (eTIMS).
Business Daily
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Doctors end 56-day work boycott
The government and KMPDU officials have signed a return-to-work formula, but are yet to agree on the medical interns' issue.
Business Daily
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Members struggle to exit Safaricom Investment Sacco
Members seeking to exit Safaricom Investment Co-operative are having trouble finding buyers for their shares.
Business Daily
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Where the super-rich splurge in Cape Town
Cape Town is becoming one of the most popular destinations in Africa and a rich man's playground.
Business Daily
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How Covid-19 helped directors to escape shareholder scrutiny
The debate on whether virtual AGMs indeed create value to both the directors, management and shareholders is far from abating.
Business Daily
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CCI banks on Tatu contact center for regional growth
NAIROBI, Kenya, May 8 - Global customer acquisition and engagement firm CCI has tapped into a new contact centre at Eneo in Tatu City special economic Kenya breaking news | Kenya news today |
Capital Business
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Successive cigarette price hikes in Türkiye spark concern among smokers
ISTANBUL, May 8 (Xinhua) -- The prices of a number of cigarette brands in Türkiye increased by three Turkish liras (9 U.S. cents) per pack on Wednesday, Kenya breaking news | Kenya news today |
Capital Business
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Ghana inflation down slightly to 25 pct in April
ACCRA, May 8 (Xinhua) -- The Ghana Statistical Service (GSS) on Wednesday announced that the country's inflation rate dropped to 25 percent in April, 0.8 Kenya breaking news | Kenya news today |
Capital Business
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Govt mulls aggressive campaign to raise Sh1bn daily on ECitizen
Bitok said the department will achieve the target by ensuring all eligible Kenyans obtain an ID which is required to register an eCitizen account Kenya breaking news | Kenya news today |
Capital Business
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KETRACO restores power to Kisii after outage
NAIROBI, Kenya, May 8 - Kenya Electricity Transmission Company (KETRACO) has announced power restoration in Kisii Countyafter the area plunged into Kenya breaking news | Kenya news today |
Capital Business
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Trade CS Miano asserts Govt’s commitment to innovation
NAIROBI, Kenya, May 8 - Investments, Trade, and Industry Cabinet Secretary (CS) Rebecca Miano has asserted the government’s commitment to fostering Kenya breaking news | Kenya news today |
Capital Business
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Cargo plane lands on fuselage at Istanbul Airport
ISTANBUL, May 8 (Xinhua) -- A cargo plane landed on its fuselage at Türkiye's Istanbul Airport on Wednesday with no casualties, according to local media. Kenya breaking news | Kenya news today |
Capital Business
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UAE firm to acquire 51.99% stake in Limuru Tea
In a public announcement, the company announced that it has already completed a share purchase agreement with Ekaterra Company, which owns the largest share of Limuru Tea, and is set to acquire 51.99 percent of the share capital Kenya breaking news | Kenya news today |
Capital Business
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Amazon launches online shopping service in South Africa
Amazon.co.za will offer same-day delivery and next-day delivery with more than 3,000 pickup points.
Business Daily
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Naivas donates Sh5m relief food to flood victims
The donated kits are expected to be delivered to the Kenya Red Cross Headquarters in South C this week.
Nation Business
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Meeting on fertilizer use, soil health in Africa opens in Kenya
NAIROBI, May 7 (Xinhua) -- The Africa Fertilizer and Soil Health Summit kicked off on Tuesday in the Kenyan capital, Nairobi, with senior officials Kenya breaking news | Kenya news today |
Capital Business
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Ethiopia earns 835 mln USD from coffee export in 9 months
ADDIS ABABA, May 7 (Xinhua) -- Coffee exports have brought Ethiopia 835 million U.S. dollars in revenue over the past nine months, an industry institution Kenya breaking news | Kenya news today |
Capital Business
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Landlords, small traders feel pinch of housing levy
KRA says landlords will pay 1.5 percent of rent received, levy will be from gross sales in Businesses.
Nation Business
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AI-enabled system to protect athletes from online abuse during Paris 2024
GENEVA, May 7 (Xinhua) -- The International Olympic Committee (IOC) said on Tuesday that a new AI-powered monitoring system will protect athletes and Kenya breaking news | Kenya news today |
Capital Business
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TikTok sues U.S. government to block potential ban
U.S. President Joe Biden signed a TikTok ban bill into law last month after it was passed by both houses of U.S. Congress Kenya breaking news | Kenya news today |
Capital Business
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Kisii in darkness as KETRACO moves to restore power outage caused by vandals
The sub–station being the main power transmission station in the region, caused a power outage across the entire county as a result of the Vandals attack Kenya breaking news | Kenya news today |
Capital Business
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Rents likely to rise as landlords pay 1.5pc on gross sales for affordable housing
Small businesses and landlords have started feeling the weight of the affordable housing levy.
Business Daily
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