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CIC Insurance profits soars 818 per cent to Sh1.44 billion in FY 2023
May 15, 2024 at 06:11 PM
CIC Insurance Group PLC (CIC), a Kenyan insurance powerhouse, flexed its financial muscle by unveiling impressive audited results for the year ended December 31, 2023....
DIB Bank Kenya assets surge 49 per cent to Sh28.2 billion in Q1 2024
May 15, 2024 at 04:49 PM
DIB Bank Kenya, the subsidiary of Dubai Islamic Bank, has released its Q1 2024 financial results, painting a rosy picture for the bank and the Islamic banking sector in Kenya....
FREDRIQUE ACHIENG: How OPPO is taking strides in reducing e-waste, enhancing sustainability
May 15, 2024 at 02:55 PM
In the age of rapid technological advancement, the conversation around sustainability has become more critical than ever....
Kenya's tax burden to soar as Ruto eyes 22 per cent taxation by end of his term
May 15, 2024 at 01:43 PM
In a startling declaration, President William Ruto unveiled the government's intention to heighten taxation on Kenyan citizens, citing a pressing need to alleviate the country's de...
Kuria tells Kenyans to abandon their vehicles if they don't want to pay new tax
May 15, 2024 at 12:52 PM
Kuria Kimani, the MP for Molo Constituency and chair of the National Assembly Finance Committee, has ignited a firestorm of debate with his recent comments regarding the government...
Mercure Nairobi launches East Africa's first WOJO Workspitality in Upperhill
May 15, 2024 at 12:25 PM
Mercure Nairobi has introduced the pioneering WOJO Workspitality concept to East and Central Africa, debuting in the vibrant Nairobi's Upperhill area....
COMESA issues advisory on counterfeit breast cancer drug circulating in Kenya
May 15, 2024 at 10:18 AM
The Common Market for Eastern and Southern Africa (COMESA) Competition Commission has alerted its member states to the circulation of a counterfeit cancer drug in Kenya, raising se...
18 SME owners graduate from second cohort of NCBA-Strathmore programme
May 15, 2024 at 12:52 AM
Eighteen entrepreneurs have successfully completed the NCBA-Strathmore Business School Enterprise Development Programme, marking the end of a 16-week intensive training designed to...
Fuel prices at the pump reduce with small margin in latest review by EPRA
May 14, 2024 at 05:43 PM
The Energy & Petroleum Regulatory Authority (EPRA) has announced a marginal decrease in the maximum retail prices of petroleum products for the period from Wednesday to 14th June 2...
Samsung introduces Galaxy AI to more users with previous phone models
May 14, 2024 at 04:03 PM
Samsung Electronics has announced that it will be availing its popular innovative Galaxy AI features to more mobile devices under the Galaxy lineup through a new One UI 6.1 update....
KRA ordered to cough up Sh54 million in VAT to Hotpoint over Nakumatt debt
May 14, 2024 at 01:12 PM
The Tax Appeals Tribunal has directed the Kenya Revenue Authority (KRA) to reimburse electronics supplier Hotpoint Limited over Sh54 million in Value Added Tax (VAT) on account of ...
Treasury seeks exemption for KRA to access personal data without a warrant
May 14, 2024 at 12:27 PM
In a controversial move to clamp down on tax evasion, the Treasury is seeking to amend the Data Protection Act, 2019, to allow the Kenya Revenue Authority (KRA) access to sensitive...
Kenya implements long-delayed Public Benefit Organizations Act
May 14, 2024 at 11:03 AM
The Public Benefit Organizations (PBO) Act, enacted in 2013 but stalled for over a decade, will officially come into force on Tuesday....
Khadija Hamisi: Unusual journey from nutritionist to a proficient web developer
May 14, 2024 at 10:44 AM
Growing up in the coastal city of Mombasa, Khadija Hamisi always exuded her commitment to education and getting the right empowerment right from her formative schooling years....
Why Melinda Gates resigned from key role at Bill and Melinda Gates Foundation
May 13, 2024 at 08:49 PM
Melinda Gates, co-chair of the renowned Bill & Melinda Gates Foundation, announced her resignation from her role, marking June 7th as her final day at the foundation....
Kenya secures postponement of Stephen Munyakho's execution in Saudi Arabia
May 13, 2024 at 08:24 PM
In a significant turn of events, the Kingdom of Saudi Arabia has granted a reprieve in the case of Stephen Munyakho, known as Abdulkareem after his conversion....
You reside in Kenya? Here's why your internet has been annoyingly sluggish
May 13, 2024 at 06:29 PM
Kenyans have been experiencing frustratingly slow internet speeds and intermittent outages since Sunday....
Equity Group rebounds with 25 per cent profit increase to Sh16 billion in Q1 2024
May 13, 2024 at 05:37 PM
Equity Group bounced back in the first quarter of 2024 reporting a 25 per cent increase in its net profit to Sh16 billion compared to the Sh12.8 billion recorded for same period in...
Court orders closure of 3 clubs and church in Mirema Estate over noise pollution
May 13, 2024 at 04:37 PM
Justice Judy Omange of the Environmental and Land Court (ELC) has ruled in favour of the Amani Residents Welfare Association/Mirema, ordering the closure of three entertainment est...
How key proposals in the Finance Act 2024 will affect your strained pocket
May 13, 2024 at 03:48 PM
Kenyans are brace for tougher times ahead as the government unveils new taxes on various goods and services in the Finance Bill 2024....