Business Archives - Page 7 of 114

CCTV Installation, User Identification…New Rules for Internet Cafés Announced

The Kenyan government is set to relicense all internet cafés and introduce stricter regulations to improve oversight and drive growth in the local ICT

January 10, 2025

Business·Tech

Kenya Leads Africa in 2024 Venture Capital Funding

Kenyan startups extended their regional dominance in 2024, attracting a remarkable $638 million—nearly 30% of all funding raised by African ventures. This strong performance

January 9, 2025

Business·Tech

Importers Must Obtain Digital Cargo Insurance by February 2025

Starting February 14, 2025, all importers must secure a digital marine cargo insurance cover from locally licensed insurance companies, as mandated by a new

January 8, 2025

Business

KNEC and Kenya Railways Announce Job Vacancies – Apply Now!

The Kenya National Examinations Council (KNEC) and Kenya Railways Corporation have announced multiple job vacancies in various departments, offering exciting career opportunities for qualified

January 8, 2025

Business·Jobs

CS Oparanya to Hustler Fund Defaulters: “I am Coming For You”

The government has initiated plans to track down defaulters of the Hustler Fund to recover unpaid loans. A National Treasury report reveals that 94%

January 8, 2025

Business

Kenya’s GDP Growth Slows to 4% in Q3 2024

Kenya’s economy grew by 4% in the third quarter of 2024, a decline from the 6% growth recorded in Q3 2023, according to the

January 8, 2025

Business

CS Mbadi Targets State Corporations for Revenue Growth and Debt Reduction

The national government is focusing on raising funds to support ongoing projects while aiming to reduce public debt. To achieve this, corporate leaders have

January 7, 2025

Business·News

New Law Bans Harassment of Borrowers by Microfinance Lenders

The Business Laws (Amendment) Bill, 2024, which amended the Microfinance Act, officially took effect on January 1, 2025, bringing significant changes to the microfinance

January 7, 2025

Business·News

Mass Layoffs in Kenya: 116 Companies Shut Down, More Closures Loom

Thousands of Kenyans are bracing for job losses as 116 companies have officially shut down, with another 115 warning of imminent closures within the

January 7, 2025

Business

Kenya Airways Resumes Trading on Nairobi Securities Exchange Following Profit Surge

Kenya Airways has received approval to resume trading on the Nairobi Securities Exchange (NSE), more than four years after its shares were suspended. The

January 7, 2025

Business

DP Kindiki Provides Progress Update on County Aggregation and Industrial Parks

Deputy President Kithure Kindiki has confirmed that the first phase of the County Aggregation and Industrial Parks (CAIPs) is progressing smoothly. Following a progress

January 7, 2025

Business

KPA Set To Begin Multi-Billion Port Upgrade

Kenya Ports Authority (KPA) has unveiled ambitious plans to modernize and expand its facilities in 2025, as it anticipates a sharp rise in operations

January 3, 2025

Business

Kenyan Workers to Benefit from Increased Take-Home Pay Under PAYE Changes

The Kenya Revenue Authority (KRA) has directed employers to apply revised Pay As You Earn (PAYE) deductions starting December 27, 2024. In a notice

December 20, 2024

Business·News

High Court Extends Suspension of IMEI Declaration Directive Over Privacy Concerns

The High Court has extended its suspension of a directive from the Communication Authority (CA) of Kenya and the Kenya Revenue Authority (KRA) requiring

December 20, 2024

Business·News

Govt Addresses Alleged Bill Gates’ Involvement in Kenya’s Livestock Vaccination Campaign

Agriculture Principal Secretary Jonathan Mueke has rejected claims that American philanthropist Bill Gates is involved in Kenya’s mass livestock vaccination initiative. Some Kenyans had

December 19, 2024

Business·News

Over 550,000 Kenyans Register for Affordable Housing, 135,515 Housing Units Under Construction Across 45 Counties

Deputy President Kithure Kindiki has revealed that more than 550,000 Kenyans have registered for home ownership via the Boma Yangu platform under the Affordable

December 19, 2024

Business·News

Kenya Veterinary Association Rejects Ruto’s Vaccines, Cites Trust Lost in Fake Fertilizer

In a lengthy statement released yesterday, the Kenya Veterinary Association (KVA) has called on President William Ruto’s administration to “pause the current exercise to

December 18, 2024

Business·News

CBK Opens Bidding for Ksh30 Billion Government Bonds: How to Invest

The Central Bank of Kenya (CBK) has announced the opening of bids for two government bonds valued at Ksh30 billion. These bonds, identified as

December 17, 2024

Business·How To·News

Ruto Announces Major Changes to Lower LPG Prices in Kenya

President William Ruto has announced significant changes to Kenya’s Liquefied Petroleum Gas (LPG) procurement process, aimed at lowering prices for consumers. During the launch

December 17, 2024

Business·News

KRA Recovers KSh549 Million in Illicit Wealth Following Lifestyle Audits

The Kenya Revenue Authority (KRA) has recovered Kes.549 million in illicit wealth during the 2023-24 financial year following lifestyle audits on its employees. A

December 17, 2024

Business·News

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