business
President Ruto remains undettered as court stops housing levy
Court of Appeal rules that public interest tilts in favour of not granting the order or the...
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.
Dwayne Johnson Officially Gains Ownership of “The Rock” Name and Joins Board of WWE and UFC Owner TKO
Dwayne Johnson officially has the full ownership to his nickname "The Rock". Johnson has also been appointed to the board of directors of TKO, which is the public company that owns the WWE and UFC.Along with the appointment, the company has now granted the actor and entrepreneur full ownership of his trademarked in-ring name. Johnson has also inked a services and merchandising agreement with the company. As per an SEC filing, Johnson receives a stock award of TKO valued at $30 million USD. He will also be given the opportunity to collect royalties in connection with any of the sales for "The Rock" merch. The Rock is considered to be one of the greatest WWE stars in history. In a statement he said, "My grandfather, High Chief Peter Maivia, and my dad, Rocky 'Soulman' Johnson, would've never...
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...
