Business Archives - Page 13 of 106

Government Doubles Completed Affordable Housing Units

The government, through the State Department for Housing and Urban Development (SDHUD), reportedly completed 3,357 affordable housing units last year, up from 1,390 units

May 22, 2024

Business·News·TL

Deloitte Kenya: Finance Bill 2024 Harmful for Kenyans

Deloitte Kenya has joined a growing list of opponents to the proposed Finance Bill 2024, stating it burdens Kenyans and hinders economic growth. In

May 22, 2024

Business·News·TL

CS Owalo: 390,000 Youth Trained in Digital Skills, 139,000 Online Jobs Created

Information, Communication, and The Digital Economy Cabinet Secretary (CS) Eliud Owalo announced that the government has trained over 390,000 youth on digital jobs and

May 22, 2024

Business·Tech·TL

Kenya’s Exports Exceed Kes. 1 Trillion as Economy Grows 5.6% – Report

Kenya’s real gross domestic product grew by 5.6% last year, up from 4.9% in 2022, according to the latest data from the Kenya National

May 21, 2024

Business·News·TL

Finance Bill 2024 Proposes 80% Increase in Cooking Oil Prices, Manufacturers Lament

The Edible Oil Manufacturers Association of Kenya has opposed the new proposed tax measures contained in the 2024 Finance Bill, arguing they will have

May 21, 2024

Business·News·TL

KECOBO Mandates Restaurant Registration for Music Playback, Imposes Kes.500,000 Fine

The Kenya Copyright Board (KECOBO) has directed restaurant owners to obtain a license to play music on their premises. KECOBO stated that restaurant owners

May 21, 2024

Business·News·TL

President Ruto Calls for Inclusive International Financial Architecture

President William Ruto urged for reforms of international financing institutions, pushing for a more inclusive approach. Emphasizing the need to democratize the boards of

May 20, 2024

Business·News·TL

Kenya and Germany Conclude Negotiations on Job Migration

The State Department for Diaspora has announced the conclusion of negotiations for a job migration framework between Kenya and Germany, with Kenyan job seekers

May 17, 2024

Business·News·TL

City Hall Revenue Increases by 32% Due to Higher Taxes

In the nine months leading to March, Nairobi County achieved a record high in internal revenue, with an increase of Kes.2.3 billion for the

May 17, 2024

Business·News·TL

Kenya and Uganda to Expand Oil Pipeline from Eldoret to Kampala

In a joint agreement, Kenya and Uganda have decided to extend the oil pipeline from Eldoret to Uganda, enabling Kampala to import refined petroleum

May 17, 2024

Business·News·TL

Exploring the future of online trading in Kenya

Many Kenyans are now taking advantage of the opportunities presented by online trading in financial markets. In today’s world, the image of traders in

May 17, 2024

Business

Ruto Defends Plan to Raise Tax Rate to 16% This Year, With a Further Increase to 22% by Term’s End

President William Ruto has indicated that Kenyans should brace themselves for tougher times with plans to raise the country’s average tax rate from 14

May 16, 2024

Business·News·TL

EACC Recovers Kes.3.2 Billion Public Land Grabbed During Moi Regime

The Ethics and Anti-Corruption Commission (EACC) reports that it has reclaimed public land worth Kes.3.2 billion, which it alleges was grabbed in Eldoret. Commission

May 16, 2024

Business·News·TL

Eliud Kipchoge in Court Battle Over Ownership of Kes.100 Million Land in Eldoret

Marathon champion Eliud Kipchoge is entangled in a legal battle over land ownership in Eldoret, alongside two other prominent athletes and businessmen. The property,

May 16, 2024

Business·News·TL

Bitcoin as an Investment: Why It is Worth Consider It

The world of financial investments does not stand still – the number of crypto coins and tokens exceeds 23,000. One asset that has caught

May 14, 2024

Business

Omtatah Urges Kenyans to Engage in Public Participation on Finance Bill 2024

Vihiga Senator Okiya Omtatah has issued a rallying call to Kenyans to meticulously scrutinize the newly unveiled Finance Bill, 2024, and submit their proposals.

May 13, 2024

Business·News·TL

Tools and Services for Business Leaders: From Customer Reference Programs to Managed Document Review Services

In today’s fast-paced business world, efficiency and innovation are two pillars that can significantly determine the success of any enterprise. Business leaders constantly seek

May 9, 2024

Business

Businessman’s Daughter Accused of Forging Will to Exclude Sisters from Inheritance

The late business tycoon Balkrishna Ramji Haribhai Devani’s daughter is facing charges for allegedly forging her father’s will to exclude her two sisters from

May 8, 2024

Business·News·TL

Ruto Unveils Second Phase of Kenya’s Urbanization Programme

President William Ruto has announced that the government is collaborating with county governments and international partners to bolster the development of municipalities, towns, and

May 8, 2024

Business·News·TL

KRA Directs Landlords to Pay 1.5% Housing Levy on Gross Rental Income

Starting May 9, landlords must remit 1.5 percent of their gross rental income. The Kenya Revenue Authority Head of Domestic Taxes Department, North Rift

May 8, 2024

Business·News·TL

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Business - Page 13