Business news
IMF in new tax onslaught on rich Kenyans, large investors
Kenya’s tax-to-GDP ratio has been on a downward trajectory after the country implemented...
German coffee firm shuts Kenya operations on sector reforms chaos
A global coffee miller has announced plans to shut its operations in Kenya next month.
Are some local banks over-risking in the Eurodollar market?
Are (some) players stockpiling dollars in anticipation that the local unit would lose further...
Documentary gives peep into 1985 recording of iconic ‘We are the World’ song
“We are the world. We are the children. We are the ones who make a brighter day so let’s start...
How BAT lobbied Health ministry to weaken nicotine pouch warnings
BAT threatened to pull investment from a new factory it had promised to build in Nairobi.
EABL cuts dividend as profit drops 22pc to Sh6.7 billion
EABL’s dividend has been trending down since the year ended June 2022 when it made a peak...
Billionaire banker, Mugo Mungai, goes down fighting Daniel Moi’s injustices
At only 35, Mr Mungai had put all his efforts into building a bank.
Shilling in rare upturn, records biggest gain in three years
The Kenya shilling on Tuesday gained at the fastest pace in three years against the US dollar.
As shilling drops, Kenyans flock to dollar investments
Kenyans are flocking to US dollar-based investments to cushion themselves against the effects...
Selu rekindles Galana Kulalu food security dream with record yield
Selu realised record-breaking maize yields of up to 35, 90-kg bags an acre, the highest ever...
KAA plans auction of 90 abandoned planes
KAA directed owners of the planes lying uncollected at the Jomo Kenyatta, Wilson, Lokichoggio...
South Africa retailer Panda Mart opens at Garden City
Panda Mart is based in South Africa and operates in more than 12 countries on the continent and...
