BUSINESS NEWS

Kenyan Treasury to Slap High Income Earners with 35 Per Cent Tax
Kenyan Treasury to Slap High Income Earners with 35 Per Cent Tax
High income earners could be be subjected to taxation of up to 35 percent in a new Bill by the… read more...
US Company to Construct Sh300 Billion Nairobi-Mombasa Expressway
US Company to Construct Sh300 Billion Nairobi-Mombasa Expressway
American construction company Bechtel Executive is set to begin work on the Sh300 billion Nairobi-… read more...
Government Disposes 400 Tonnes of Contraband Sugar into the Indian Ocean
Government Disposes 400 Tonnes of Contraband Sugar into the Indian Oce…
The government has disposed 400 tonnes of contraband sugar into the Indian Ocean. The destruction… read more...
Kenyans Warned against Returning Strange International Calls as 'Wangiri Fraud' Returns to Kenya
Kenyans Warned against Returning Strange International Calls as '…
Kenyans have been warned of the resurgence of an international phone calls scam that has seen… read more...
Nairobi's Popular Maasai Curio Market Demolished
Nairobi's Popular Maasai Curio Market Demolished
Nairobi's popular curio market, Maasai market located opposite Sarit Center in Westlands has been… read more...
Kenyans Online React after Safaricom Posts Massive Profits
Kenyans Online React after Safaricom Posts Massive Profits
Kenya's telecommunications giant Safaricom on Wednesday announced a Sh55.29 billion profit for the… read more...
Safaricom CEO Bob Collymore Announces Return after Six-Month Absence as Telco Posts Sh55 Billion Profit
Safaricom CEO Bob Collymore Announces Return after Six-Month Absence a…
Safaricom Chief Executive Officer (CEO) Bob Collymore, who has been away on a medical leave for… read more...
How Kenyan Uber Drivers are Defrauding Unsuspecting Riders
How Kenyan Uber Drivers are Defrauding Unsuspecting Riders
A scheme used by rogue Kenyan drivers working for taxi-hailing service, Uber to overcharge riders… read more...
US Company to Acquire 723 Telkom Kenya Communication Towers
US Company to Acquire 723 Telkom Kenya Communication Towers
Kenyan mobile service provider firm, Telkom Kenya is set to hand over 723 of its telecommunication… read more...
Facebook Set to Launch a Dating Service
Facebook Set to Launch a Dating Service
Facebook, the world's leading social networking site, is set to launch a dating service in what is… read more...
US Withdraws Sh200 Million Aid from a Kenyan Clinic for Defying Trump's Policy on Abortion
US Withdraws Sh200 Million Aid from a Kenyan Clinic for Defying Trump…
The United States has cut Sh200 million aid to a Kenyan family planning clinic, Family Health… read more...
Gov't Announces 100 Per Cent Waiver on HELB Penalties
Gov't Announces 100 Per Cent Waiver on HELB Penalties
The Ministry of Education has announced a 100 per cent waiver on Higher Education Loans Board (HELB… read more...
Microsoft's First-Ever Software Testing Center in Africa Opened in Nairobi
Microsoft's First-Ever Software Testing Center in Africa Opened i…
US-based technology company Microsoft has opened a software testing centre in Nairobi, the first in… read more...
Meet John Ngumi, Kenya's Top Multi-Billion Deal Maker
Meet John Ngumi, Kenya's Top Multi-Billion Deal Maker
There are many Kenyans who are famous for their prowess in striking business deals, but little is… read more...
President Uhuru Kenyatta Announces 5 Percent of Minimum Wage Increase
President Uhuru Kenyatta Announces 5 Percent of Minimum Wage Increase
President Uhuru Kenyatta has announced a five per cent rise in the minimum wage to cushion workers… read more...
Completion of Standard Gauge Railway Phase II in Limbo as Chinese Bank Cuts Sh32 Billion Funding
Completion of Standard Gauge Railway Phase II in Limbo as Chinese Bank…
The completion of phase II of the Standard Gauge Railway now hangs in the balance after the… read more...
Kenyan Delegation Markets Upcoming Nonstop Flights in the US
Kenyan Delegation Markets Upcoming Nonstop Flights in the US
A delegation of Kenyan officials traveled to the United States to market Kenya as a tourist… read more...
SGR Passenger Train Madaraka Express Nets Sh530 Million in Six Months
SGR Passenger Train Madaraka Express Nets Sh530 Million in Six Months
The Standard Gauge Railway's commuter train, Madaraka Express netted Sh530 million from passenger… read more...
Kenya's Best Paying Sectors Named
Kenya's Best Paying Sectors Named
The Economic Survey 2018 has named financial services as the best paying sector in Kenya last year… read more...
Kenyan Car Maker Mobius Receives Sh500 Million from US Gov't to Build Factory
Kenyan Car Maker Mobius Receives Sh500 Million from US Gov't to B…
The United States has issued a Sh500 million loan to Kenyan car manufacturer, Mobius to enable it… read more...
JKIA Set for a Key Security Audit by US Authorities in Nonstop Flights Plan
JKIA Set for a Key Security Audit by US Authorities in Nonstop Flights…
United States airport authorities will next month carry out a security audit on Jomo Kenyatta… read more...
Kenyan Tech Start-ups Selected for Google Training Program
Kenyan Tech Start-ups Selected for Google Training Program
Two Kenyan technology startups Pezesha and Flex Pay have made it to the list of firms that will… read more...
From Sh5 Fee to Assets Worth Billions: The Success Story of a Kericho-Based Sacco
From Sh5 Fee to Assets Worth Billions: The Success Story of a Kericho-…
Over the years, Imarisha Cooperative Savings & Credit Society Limited has grown to become one… read more...
Nairobi's Famous Kiamaiko Slaughterhouse Shut Down By Environment Watchdog
Nairobi's Famous Kiamaiko Slaughterhouse Shut Down By Environment…
Traders at the famous Kiamaiko slaughterhouse in Nairobi will have to bear the brunt after it were… read more...
'Hustler' DP William Ruto Returns to Kambi Ya Kuku Where He Once Sold Chicken to Motorists, Launches Chicken Auction
'Hustler' DP William Ruto Returns to Kambi Ya Kuku Where He…
Deputy President William Ruto on Saturday launched a chicken auction at Kamagut, Uasin Gishu county… read more...
President Uhuru Woos Investors in London
President Uhuru Woos Investors in London
President Uhuru Kenyatta has promised to expedite the process of setting up of an arbitration… read more...
Nairobi Governor Mike Sonko Gets Sh15.8 Billion Lion's Share of County Cash
Nairobi Governor Mike Sonko Gets Sh15.8 Billion Lion's Share of C…
Nairobi County has for a fifth year in a row received the lion's share of the Sh314 billion… read more...
Nairobi Governor Mike Sonko to Fly Out 300 Hawkers, Boda-Boda Operators for a Bench-marking Tour Abroad
Nairobi Governor Mike Sonko to Fly Out 300 Hawkers, Boda-Boda Operator…
The Nairobi County Government has announced plans to fly out 300 hawkers, boda boda and matatu… read more...
We've Learnt Our Lessons: President Uhuru Endorses Plans to End Cheap Loans for Kenyans
We've Learnt Our Lessons: President Uhuru Endorses Plans to End C…
Plans to review the interest rates cap law has received a backing from President Kenyatta, who… read more...
President Uhuru Rings the Bell to Open Shares Trading at London Stock Exchange
President Uhuru Rings the Bell to Open Shares Trading at London Stock…
President Uhuru was on Tuesday privileged to open trading at the London Stock Exchange by ringing… read more...