Business Archives - Page 2 of 106

High Court Strikes Out Case Against GMO Food Imports

The High Court has dismissed petitions challenging the lifting of the ban on genetically modified (GMO) foods. The court ruled that the issue had

November 8, 2024

Business·News·TL

New Tax Regulations on the Horizon: Treasury Consolidates Eight Measures into Three Bills

The National Treasury has announced plans to reinstate eight tax provisions previously removed from the rejected Finance Bill 2024. The Treasury will consolidate these

November 6, 2024

Business·News·TL

Jevanjee Housing Project: Progress at 50% Despite Challenges, Says Developer

Jabavu Village Limited, a real estate development company, has refuted media claims that the Jevanjee Housing Estate in Ngara, Nairobi, has stalled. The company

November 6, 2024

Business·TL

10 Reasons Trading Knowledge Can Change Your Financial Future

Trading knowledge is not just insight into what’s going to happen next in financial markets; it is also a strong method of transformation for

November 6, 2024

Business

Kenya Secures KES.78 Billion IMF Loan to Tackle Fiscal Challenges

The International Monetary Fund (IMF) executive board has approved a Kes.78 billion loan for Kenya to support the country’s fiscal recovery efforts. This decision

November 1, 2024

Business·News·TL

Kenya’s Average Commodity Prices: Cooking Oil Rises, Sugar and Diesel Drop

The Kenya National Bureau of Statistics (KNBS) released updates on average retail prices for selected commodities on Thursday, October 31. The report reveals that

November 1, 2024

Business·TL

Gen Z Protests Led to Significant Wealth Loss at Nairobi Securities Exchange

Investors at the Nairobi Securities Exchange (NSE) lost Kes.34 billion in paper wealth over the three months leading to September, as the country rebounded

November 1, 2024

Business·News·TL

Today’s Breaking News: Anyone who wants to get rich must earn passive income through ion mining

ION Mining’s With the rapid development of the digital economy, every new development in the field of cryptocurrency has attracted much attention. Recently, the

October 31, 2024

Business·Tech

Kenya Power To Issue Dividends for First Time Since 2017

The Kenya Power and Lighting Company (KPLC) has announced a net profit of Kes.30 billion for the financial year ending June 30, 2024. During

October 30, 2024

Business·News·TL

Title Deeds from 2015 to 2022 Now Available for Collection

The Ministry of Lands and Urban Development has urged the public to collect title deeds for applications submitted between 2015 and 2022. In a

October 30, 2024

Business·News·TL

Ruto: KES.95 Billion Adani Deal to Drive Kenya’s Energy Growth Without Burdening Citizens

President William Ruto affirmed on Thursday that Kenya will benefit significantly from a power transmission deal between Adani Group Holdings and the Kenya Electricity

October 25, 2024

Business·News·TL

KRA to Monitor All Mobile Phones for Tax Compliance Starting 2025

The Kenya Revenue Authority (KRA) will begin monitoring all locally assembled and imported mobile phones sold in Kenya starting January 1, 2025, to ensure

October 25, 2024

Business·News·TL

MP Calls for Investigation into ‘Buy Now, Pay Later’ Companies Amid Borrower Exploitation Claims

“Buy Now, Pay Later” (BNPL) companies are facing scrutiny for allegedly exploiting Kenyan borrowers. Kigumo MP Kamau Munyoro recently submitted a petition to Parliament,

October 25, 2024

Business·TL

CS Joho Urges Kenyans to Invest in Mining Sector for Lucrative Opportunities

Mining and Blue Economy CS Ali Hassan Joho has urged Kenyans to invest in the mining sector to seize its lucrative opportunities. Speaking before

October 24, 2024

Business·News·TL

Audit Uncovers Mismanagement of Kes.2.1 Billion Coffee Farmers’ Funds

An audit has uncovered the improper investment of Kes.2.1 billion intended for coffee farmers from the coffee cherry fund. The funds were deposited in

October 24, 2024

Business·News·TL

Kenya’s Loan Defaulters Surge: 7.74 Million Borrowers Now Listed as Defaulters

The number of loan defaulters in Kenya has nearly doubled over the past year, with 3.85 million more borrowers blacklisted by various lenders, primarily

October 23, 2024

Business·News·TL

How to Integrate COBIT and ITIL for Business Benefits

Achieving organisational goals primarily depends on effective IT management. Many professionals pursue COBIT Certification to better understand how to align IT with business objectives.

October 22, 2024

Business

Ruto’s Vision for Affordable Housing and Economic Growth

President William Ruto announced his administration’s ambitious goal to deliver at least 200,000 housing units annually to address the growing demand for housing across

October 21, 2024

Business·News·TL

CS Wandayi Warns Fuel Stations Failing to Comply with EPRA Price Rules

The Ministry of Energy and Petroleum has launched a nationwide crackdown on fuel stations violating government pump price regulations. Cabinet Secretary Opiyo Wandayi voiced

October 18, 2024

Business·News·TL

Mbadi Calls for Further Rate Cuts to Stimulate Private Sector Lending

Treasury Cabinet Secretary John Mbadi has voiced strong support for additional interest rate cuts by the central bank to stimulate lending to the private

October 18, 2024

Business·News·TL

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