Men dominate the smartphone market in Kenya, survey
There are more men owning smartphones in Kenya compared to women giving them an advantage of opportunities in the internet space.
By Fredrick Obura 2 years ago
Men dominate the smartphone market in Kenya, survey
Transforming a loss maker into a force for community growth
Armed with no knowledge in the food industry, he sunk his money into a loss-making company, but one he instinctively thought had potential.
By Fredrick Obura 2 years ago
Transforming a loss maker into a force for community growth
Motorists to pay more as petrol prices up by Sh0.77
Super petrol price goes up by Sh0.77 per litre from midnight in EPRA’s new fuel adjustment, Diesel and Kerosene price remain unchanged.
By Fredrick Obura 2 years ago
Motorists to pay more as petrol prices up by Sh0.77
Blog: Treasury CS Ukur Yatani unveils Sh3.6 trillion 2021/22 Budget
Yatani will be pleading with taxpayers to freely pay their taxes to fund new measures to consolidate the economic gains made since March 2020.
By Fredrick Obura 2 years ago
Blog: Treasury CS Ukur Yatani unveils Sh3.6 trillion 2021/22 Budget
Cry of Kenyans thrown out of jobs due to Covid-19
Covid-19 wiped out 34 per cent of jobs in the micro-enterprises.
By Fredrick Obura 2 years ago
Cry of Kenyans thrown out of jobs due to Covid-19
Premium
Inside Kenya’s Sh138b transport upgrade
The momentum that has characterised infrastructure development across the country is expected to continue in the next financial year.
By Fredrick Obura 2 years ago
Inside Kenya’s Sh138b transport upgrade
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The priceless advice I got that made Little Cab a success
With no advanced training in ICT, Kamal Budhabhatti controls software industry in Africa and beyond.
By Fredrick Obura 2 years ago
The priceless advice I got that made Little Cab a success
App taxis face tough times as costs soar
Sector now depends on corporate clients and late-night revellers. Despite shrinking revenue, the cost of operations has been on an upward trajectory.
By Fredrick Obura 2 years ago
App taxis face tough times as costs soar
Entrepreneur uses farm waste to make organic fertiliser
The raw materials include rice, macadamia and coffee husks.
By Fredrick Obura 2 years ago
Entrepreneur uses farm waste to make organic fertiliser
Devki withdraws bid to lease Mumias Sugar
Devki withdraws from bid to lease Mumias Sugar a day after Sugarcane farmers and politicians asked the government to stop the deal.
By Fredrick Obura 2 years ago
Devki withdraws bid to lease Mumias Sugar
KRA wins Sh107m tax case against KCB insurance agent
A statement from the Kenya Revenue Authority says the taxman has collected over Sh21 billion from its Alternative Disputes Resolution (ADR) mechanism.
By Fredrick Obura 2 years ago
KRA wins Sh107m tax case against KCB insurance agent
KenGen starts drilling works on Ethiopia’s Sh7.6b second phase contract
Kenya Electricity Generating Company (KenGen) has started drilling the first geothermal well for Ethiopia Electric Power (EEP) Company...
By Fredrick Obura 2 years ago
KenGen starts drilling works on Ethiopia’s Sh7.6b second phase contract
Business leaders bet on improved EAC relations
Business leaders are optimistic of good returns in the next one year following improving relations in the East African Community (EAC).
By Fredrick Obura 2 years ago
Business leaders bet on improved EAC relations
Thermal power generation dominates COMESA region
Thermal power generation dominates power generation accounting for about 78 percent of total installed capacity
By Fredrick Obura 2 years ago
Thermal power generation dominates COMESA region
EABL to pay Sh6b debt earlier
The brewer said it will pay the outstanding Sh6 billion corporate bond that it issued six years ago by end of next month.
By Fredrick Obura 2 years ago
EABL to pay Sh6b debt earlier
NBK posts 19 percent net profit growth in first quarter
Total operating costs during the quarter remained relatively flat at Sh2.09 billion, compared to Sh2.11 billion over a similar period in 2020.
By Fredrick Obura 2 years ago
NBK posts 19 percent net profit growth in first quarter
Kenya to receive over Sh100b loan, eyes extension of debt repayment period
Kenya to receive Sh80.6b loan from World Bank; another Sh44.1b from IMF by end of June, CBK Governor Patrick Njoroge says.
By Fredrick Obura 2 years ago
Kenya to receive over Sh100b loan, eyes extension of debt repayment period
Blockchain offers lifeline to potential homeowners
Government has been cracking its head over the years to find a solution to the housing deficit, currently estimated at two million units by UN-Habitat
By Fredrick Obura 2 years ago
Blockchain offers lifeline to potential homeowners
Couriers cry foul over entry of new players
Couriers mostly transport books, spare parts for telecom companies, pharmaceuticals and warehouse storage facilities.
By Fredrick Obura 2 years ago
Couriers cry foul over entry of new players
Banks bounce back from Covid-19 blues to report jump in profits
Banks recorded a drop in profit as the effects of the virus forced many of them to devise ways of cushioning customers including loan repayment.
By Fredrick Obura 2 years ago
Banks bounce back from Covid-19 blues to report jump in profits
Equity Group profit after tax jumps to Sh8.7 billion
Equity Group records after-tax profit of Sh8.7b in first quarter of 2021 compared to Sh5.3b same period last year
By Fredrick Obura 2 years ago
Equity Group profit after tax jumps to Sh8.7 billion
Embu, Garissa counties drastically improve revenue collection
Embu and Garissa counties have drastically increased their revenue collection from 2013/14 Financial Year, Commission of Revenue Allocation
By Fredrick Obura 2 years ago
Embu, Garissa counties drastically improve revenue collection
African airlines could adopt Covid-19 vaccine passports by 2022 - aviation experts
Introducing Covid-ve vaccine passports in developed jurisdictions is possible compared to Kenya where many people are yet to get vaccinated
By Fredrick Obura 2 years ago
African airlines could adopt Covid-19 vaccine passports by 2022 - aviation experts
KRA raises alarm over taxable goods with fake stamps
Kenya Revenue Authority has raised alarm over an increase in excisable products with counterfeit stamps in the market.
By Fredrick Obura 2 years ago
KRA raises alarm over taxable goods with fake stamps
Parking fee defaulters, KRA wants pictures of your number plates
KRA, Nairobi City Govt order parking attendants to photograph number plates of cars whose owners fail to pay parking fees for evidence during dispute
By Fredrick Obura 2 years ago
Parking fee defaulters, KRA wants pictures of your number plates
Uhuru calls on meat commission to pay farmers within 72 hours after delivery
Uhuru: I don’t want to see KMC slipping back to olden days when farmers were paid after four years or not paid, maintain the payment period at 72hrs
By Fredrick Obura 2 years ago
Uhuru calls on meat commission to pay farmers within 72 hours after delivery
40 new privacy standards approved as cybercrime cases soar 50 per cent
Of note, malware and application attacks continued to rank highly among the factors that have contributed to the surge in cyber-security challenges.
By Fredrick Obura 2 years ago
40 new privacy standards approved as cybercrime cases soar 50 per cent
State proposes Sh6.8b for trade docket in next budget
Of this amount, Sh2.2 billion is for recurrent expenditure and Sh3.7 billion is for development expenditure.
By Fredrick Obura 2 years ago
State proposes Sh6.8b for trade docket in next budget
President Uhuru Kenyatta opens Lamu port
The Lamu port targets to link Kenya to South Sudan, Ethiopia and the middle belt of Africa.
By Fredrick Obura 2 years ago
President Uhuru Kenyatta opens Lamu port
Inside KRA’s plan to enhance Lamu Port trade facilitation
This signals the start of commercial activity at the Lamu Port, known for its deep and long berths that can accommodate big ships.
By Fredrick Obura 2 years ago
Inside KRA’s plan to enhance Lamu Port trade facilitation
Kenya keen on trade talks with US, says Uhuru
The President invited American SMEs to invest more in the country by entering into mutually beneficial arrangements with their Kenyan counterparts.
By Fredrick Obura 2 years ago
 Kenya keen on trade talks with US, says Uhuru
Capital Markets Authority admits seven firms in regulatory sandbox
The Capital Markets Authority (CMA) has facilitated the admission of seven firms in the CMA Regulatory Sandbox since its launch in March 2019.
By Fredrick Obura 2 years ago
Capital Markets Authority admits seven firms in regulatory sandbox
Green SME financing receives additional Sh2.1 billion
African Guarantee Fund on Monday received a capital increase of Sh2.145 billion (USD 20 million) from the Danish Investment Fund.
By Fredrick Obura 2 years ago
Green SME financing receives additional Sh2.1 billion
Logging ban leaves timber traders high and dry
The ban on logging in public forests three years ago has had mixed results, environmentalists say.
By Fredrick Obura 2 years ago
Logging ban leaves timber traders high and dry
Safaricom profits drop by 6.8 percent to Sh68.7 billion
Free M-Pesa transactions for amounts below Sh1,000 at the height of the Covid-19 pandemic weighed down on Safaricom’s overall earnings for the year.
By Fredrick Obura 2 years ago
Safaricom profits drop by 6.8 percent to Sh68.7 billion
Charter flights rule skies in Covid era
The uptake of chartered flights in the local market has been slow due to Covid-19, denying operators an important revenue stream.
By Fredrick Obura 2 years ago
Charter flights rule skies in Covid era
Kenya to benefit from Sh3.3 billion UK cyber war chest
Kenya is among countries in Africa to benefit from United Kingdom’s Sh3.3 billion cyberwar chest.
By Fredrick Obura 2 years ago
Kenya to benefit from Sh3.3 billion UK cyber war chest
KenyaRe, ScanGroup delay release of results
Kenya Reinsurance’s profit after tax for the year 2019 stood at Sh3.9 billion from 2018 profit after tax of Sh2.2 billion.
By Fredrick Obura 2 years ago
KenyaRe, ScanGroup delay release of results
E-commerce swells as players warn over digital tax
Cross-border business to consumer e-commerce amounted to Sh45 trillion ($440 billion) in 2019, a nine per cent increase over 2018.
By Fredrick Obura 2 years ago
E-commerce swells as players warn over digital tax
CBK to liquidate Charterhouse
A report by the statutory manager on May 6 recommended that the bank be liquidated
By Fredrick Obura 2 years ago
CBK to liquidate Charterhouse
Inside Kalonzo's charm offensive in Mt Kenya
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