Business Archives - Page 83 of 108

Two Fined Sh7.3 MILLION Each for Defrauding Kenya Re of a House Valued at Sh3 MILLION

Former Finance Director at Kenya Reinsurance Corporation Mr John Faustin Kinyua has been found guilty of abuse of office. Kinyua and his co-accused, ex-Heritage Insurance

May 14, 2019

Business·News·TL

Government Announces Free Entry Into Maasai Mara on this Day

The county government of Narok has announced free entry into the world renowned Maasai Mara Game Reserve on Madaraka Day. The announcement was made

May 13, 2019

Business·TL

Kenyan Company Starts Manufacturing ARV Drugs

A pharmaceutical company has started manufacturing ARV drugs marking the first time commercial ARVs are being manufactured in the country. Universal Corporation, based in

May 13, 2019

Business·News·TL

KRA Demands Sh14 Billion from Sportpesa

The Kenya Revenue Authority (KRA) has issued Kenya’s biggest betting firm Sportpesa a Sh14.9 billion tax bill. According to KRA, Pevans East Africa, the

May 10, 2019

Business·News·TL

Skydive Diani Wants Ksh3.6m Compensation But the AG Will Have None of It after Deadly Skydiving Accident

Attorney-General Paul Kihara has contested an application by SkyDive Diani Club challenging the government’s order for it to cease operations. The State, through the Interior

May 10, 2019

Business·News·TL

How To Watch Restricted Netflix, YouTube Content in Kenya

More Kenyans are moving are moving away from traditional TV. Mainstream stations like NTV, KTN and Citizen continue to see decline viewership, and the

May 8, 2019

Business·Tech·TL

Full List: Murang’a Top 6 Billionaires

Central Kenya has long been associated with most of Kenya’s old money. A good number of ageing billionaires come from the region, with most

May 7, 2019

Business·Celeb Net Worth·TL·ZE

Diaspora Remittances Rise To Sh67 Billion in Q1

Diaspora remittances continue to establish themselves as a top source of Kenya’s foreign exchange. In the first 3 months of this year, Kenyans living

May 7, 2019

Business·TL

Idle Assets Belonging to Naivas Founder Surrendered to State

The Treasury has taken over the assets of Naivas Supermarkets founder Peter Mukuha Kago, who died on May 6, 2010. The Unclaimed Financial Assets Authority (UFAA) said

May 7, 2019

Business·News·TL

Nation Media Ordered to Pay Jimmy Wanjigi Sh8 Million for Fake Obituary

Media giant, Nation Media Group has been ordered by the High Court in Nairobi to pay controversial wheeler dealer Jimmy Wanjigi and his wife

May 3, 2019

Business·News·TL

Safaricom Posts Record KSh 63 Billion Profit

Mobile telco, and East Africa’s most profitable company, Safaricom, has once again posted increased revenue and profit. For the full year 2018, Safaricom posted

May 3, 2019

Business·News·TL

Communication Authority Announces New Mobile Number Prefix – 01xxxx

Since the beginning of the mobile telephone age, Kenya has known only one prefix – 07xxx. It is unclear how this was arrived it,

May 3, 2019

Business·TL

Nairobi’s Elevated Highway Construction To Start in 4 Months

The construction of Nairobi’s first double-decker road is set to start in September, according to transport CS James Macharia. The Sh59 billion road will

May 2, 2019

Business·News·TL

Court Orders Easy Coach to Pay Sh2.7 MILLION to Family of Teacher Killed in Accident

Kenyan bus company Easy Coach has been dealt a blow in its appeal contesting a Court order requiring it to pay Sh2.7 million to

May 2, 2019

Business·News·TL

Safaricom Releases Statement on CEO Bob Collymore

Following yesterday’s reports of the impending resignation of Safaricom CEO Bob Collymore, the mobile telco has released a statement. The news, first reported by

April 30, 2019

Business·News·TL

Kenya Airways Reports Sh7.59 Billion Loss

National carrier Kenya Airways has today announced an decrease in losses from last year. KQ has reported a Sh7.59 billion loss for the 12

April 30, 2019

Business·News·TL

Bob Collymore To Step Down from Safaricom This August

Safaricom CEO Bob Collymore is set to step down this August at the end of his contract. Collymore has been head at Safaricom since

April 29, 2019

Business·News·TL

Free Parking Today as JamboPay Marks 10th Anniversary… Full List of Towns

Payment service provider Jambopay has made an announcement that will be music to the ears of many motorists. To mark its 10th anniversary, Jambopay

April 29, 2019

Business·News·TL

12 Lessons I Have Learnt in my 90 Years: Manu Chandaria

Prior to his retirement, Manilal Premchand Chandaria led the Comcraft Group of Companies, a conglomerate with annual returns of Sh200 billion. The 90-year-old billionaire reveals

April 29, 2019

Business·featured·TL

Real Estate Investing Tips in Miami For Beginners

If you want to become a successful real estate investor in Miami, you have to decide the type of investment property to get the

April 26, 2019

Business·lifestyle

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Business - Page 83