business
Centum buyback climbs to 4.8m shares after six months
Centum Investment Company Plc says it had acquired 4.8 million shares in its buyback programme...
Jim Tozer: Kenchic boss born to farm
It is not surprising that Jim Tozer is the managing director at Kenchic as he comes from a long...
Moses Kuria’s golf flex and the not-so-secret coffee addiction
I never look at things fiscally. I live my life without any drama, I am averse to any drama.
Why low completion rate among PhD candidates should worry the State
The deterioration of the quality of education in the country should be a concern to those in...
Solo art exhibition with bias for delicate designs
Mandy Bonnell has been in and out of Kenya since 1990 when she first met Gallery Watatu...
Investors suffer Sh5 billion losses in bond sales
Bond investors recorded net capital losses of Sh5.1 billion when selling their securities.
Enhance nighttime security on Kenya highways to spur 24-hour economy
Last week President William Ruto issued an order for the Port of Mombasa to operate on a...
Employers, agents brace for double hit on backdated taxes
The decision by the KRA to backdate the new taxes to July 1 has left tax agents with a...
KCB seizes second beach hotel over Sh5bn English Point Marina debt
KCB Group has seized a second hotel belonging to the embattled owners of English Point Marina.
Amazon Q2 2023 Sailed Past Estimates, Earning $134.4 Billion USD in Revenue
Amazon is aiming high in Q2 2023 after a series of disappointing quarters. In its recent quarterly report, the e-commerce site recorded blowout profits, posting its biggest earnings since Q4 2020. The company showed that it returned to double-digit revenue growth, indicating that CEO Andy Jassy's cost-cutting efforts are working. According to CNBC, Amazon began its cost-cutting initiatives when it had its largest layoff in the company's history. The company cut 27,000 jobs last Fall and has since froze corporate hiring. Global headcount fell 4% to 1.46 million people by the end of Q2. This past quarter, the company filed net income of $6.7 billion USD with an EPS of 65 cents over the 35 cents expected. The net sales hit $134.4 billion USD, higher than the the projected $131.6 billion USD. ...
Consolidated cargo tax standoff persists as stocks pile at airports
Jomo Kenyatta and Eldoret airports are experiencing a pile-up of consolidated cargo.
Deloitte’s fight with Kenyan partner now contempt issue
Nine senior Deloitte & Touche LLP officials risk being jailed for allegedly breaching court...
