Premier Bank offers the cheapest credit at a flat rate of 9pc for all categories of loans, according to the latest data from the Central Bank of Kenya (CBK). The data further indicates that Co-operative Bank of Kenya is the go-to bank if you are looking for a cheap overdraft among the largest banks in […]
The Kenya Revenue Authority (KRA) is seeking to register all mobile devices used in the country in a new push to ensure tax compliance. In a public notice issued earlier this week, the Communication Authority (CA) stated that all phone manufacturers, retailers and mobile network operators must upload the International Mobile Equipment Identity (IMEI) number […]
Real Leather. Stay Different. Africa Talent Leather Design Showcase 2024: A Landmark Celebration of African Leather Design – Ruth Girmay of Ethiopia (third from right), winner of the Most Commendable Award, pictured with Kerry Brozyna, President of the LHCA (right), Preston Viswamo, Project Manager at ALLPI, Justina Torry, Senior Agricultural Attaché from the Foreign Agricultural […]
The price of bitcoin has risen above $80,000 (£62,000) for the first time ever, after Donald Trump’s decisive victory in the US election last week. It comes as the Republicans are edging closer to overall control of Congress after having already secured the presidency and a majority in the Senate. On the campaign trail the […]
US President-Elect Donald Trump The return of Donald Trump and his protectionist agenda to the White House will likely rock US trade relations with the world, including Europe. Here is a look at how sectors of the European economy could be affected after Trump pledged 10 to 20 percent tariffs on imported goods from everywhere […]
Elijah Mwangi, Mining PS. PHOTO | KNA Mining Principal Secretary Elijah Mwangi has directed that all unlicensed miners in Migori to be penalised on all unpaid royalties from their illegal mining. Mwangi who was speaking during an impromptu visit and crackdown on illegal mining activities in Migori County said the government is going to sum-up […]
Collins Bett, KTDA MS Managing Director The Kenya Tea Development Agency (KTDA) is expecting enhanced efficiency and productivity in its 71 managed factories following the rollout of SAP (Systems, Application and Products). The agency says the system whose rollout commenced in 2016 will be used to run various functions across the tea value chain including […]
Saudia has reported 10pc increase in the number of guests for the third quarter of 2024 after the airline ferried over nine million passenger when compared to the same period last year. The Saudi Arabia flag carrier attributes the growth to a 9pc increase in flight operations to 49,500 flights during the period under review. […]
The Committee on Delegated Legislation, chaired by Hon. Samuel Chepkong’a (Ainabkoi), has approved a key legal notice aimed at enhancing the road maintenance levy. Members of the Committee today endorsed the Road Maintenance Levy Fund (Imposition of Levy) Order, 2024, during a meeting with officials from the State Department of Roads led by PS Joseph […]
Photo Courtesy Unsustainable agricultural practices are being blamed on the continuous loss of biodiversity in the country a factor which could further jeopardize Kenya’s food security efforts. According to speakers at the inaugural Kenya Landscape Actors Platform (KenLAP) 2024 Conference, use of harmful pesticides by farmers as well as poor planning of the landscape are […]
Safaricom CEO Peter Ndegwa //PHOTO:Courtesy Safaricom Group Plc net profit from the first six months of this year to September has declined by 18pc owing to the currency reforms in Ethiopia. The telco reported a net profit decline from Ksh 34 billion reported over the same period last year on depreciation of the Ethiopian Birr […]
