Fredrick Obura - The Standard

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NEWS & CURRENT AFFAIRS

Digital News

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Fredrick Obura

New age as electric taxis ready to charge

industry is rethinking its carbon footprint strategy and developing a long-term solution that stretches into partnerships with the electric cars.,

By Fredrick Obura 3 years ago

New age as electric taxis ready to charge

The pandemic spurred the growth of our business

The pandemic spurred the growth of our business

By Fredrick Obura 3 years ago

Why fuel is costlier in your town than in other areas

Why fuel is costlier in your town than in other areas

By Fredrick Obura 3 years ago

Boda boda, a growing source of income for many

Boda boda, a growing source of income for many

By Fredrick Obura 3 years ago

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 3 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 3 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 3 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 3 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 3 years ago

Cry of Kenyans thrown out of jobs due to Covid-19

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 3 years ago

Inside Kenya’s Sh138b transport upgrade

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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 years ago

CBK to liquidate Charterhouse

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