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Debate on diaspora bond sparks mixed reactions among Kenyans

Diaspora Bond seeks to tap into the robust financial power of Kenyans abroad, whose remittances hit a record $4 billion (Sh520 billion) in the first ten months of 2024.

By Francis Ontomwa 2024-12-23 19:48:43

Debate on diaspora bond sparks mixed reactions among Kenyans

Irony of lowest inflation in 17 years but Kenyans barely making ends meet

By Graham Kajilwa 2024-12-23 17:00:00

Honda and Nissan expected to begin merger talks

Honda and Nissan were poised Monday to announce the start of talks on a merger to help the Japanese giants catch up with Chinese rivals and Tesla on electric vehicles.

By AFP 2024-12-23 11:06:14

How new KRA guidelines will impact income tax calculation

Salaried workers have been offered relief as KRA issued guidelines on how to calculate Pay As You Earn (Paye) following enactment of the Tax Laws (Amendment) Act, 2024.

By Graham Kajilwa 2024-12-22 19:00:00

How new KRA guidelines will impact income tax calculation

Job loss fears as Mbadi orders cost-cutting in State agencies

Job loss fears across various state corporations in Kenya are mounting following a new directive from the National Treasury aimed at rationalizing costs and reducing reliance on government funding.

By Brian Ngugi 2024-12-22 19:00:00

Job loss fears as Mbadi orders cost-cutting in State agencies

State defends livestock vaccination programme

Experts have said that the government’s pronouncement on the nationwide livestock vaccination is what might have potentially led to the aggressive pushback by Kenyans.

By Esther Dianah 2024-12-21 20:10:35

State defends livestock vaccination programme

Amazon says US strike caused 'no disruptions'

Amazon has long fought labor organizing campaigns, saying they favor a direct relationship with employees unimpeded by a third party.

By AFP 2024-12-21 08:15:28

Amazon says US strike caused 'no disruptions'

State warns millers against wheat imports

The government has warned millers against the importation of more wheat into the country before exhausting locally produced harvest.

By Esther Dianah 2024-12-21 06:00:00

State warns millers against wheat imports

Tanzania firm now eyes other sectors after Bamburi acquisition

Amson Group has announced plans to diversify its operations beyond cement in Kenya after completing its acquisition of Bamburi Cement Plc.

By Brian Ngugi 2024-12-21 06:00:00

Tanzania firm now eyes other sectors after Bamburi acquisition

HF Group raises Sh6.4b from the rights issue

Financial solutions firm HF Group has successfully concluded its Rights Issue, securing an oversubscription of 138.32 per cent.

By Boniface Mithika 2024-12-20 20:05:36

HF Group raises Sh6.4b from the rights issue

Firms in cut-throat competition to build cooking gas plants

A Mombasa-based container freight station (CFS) firm has announced plans to build a multi-billion-shilling cooking gas handling facility.

By Patrick Beja 2024-12-20 15:34:05

Firms in cut-throat competition to build cooking gas plants

HF Group nets Sh6.4b from oversubscribed rights issue

The Rights Issue, priced at Sh4.00 per share, offered shareholders the opportunity to acquire two new shares for every one existing share held.

By Boniface Mithika 2024-12-20 15:27:00

HF Group nets Sh6.4b from oversubscribed rights issue

Starbucks workers to start US strike on Friday

Workers at Starbucks will walk off the job Friday in three US cities in a strike their union threatened could spread around the country in the busy run-up to Christmas.

By AFP 2024-12-20 14:29:53