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Sunday 25 August 2019
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Category: Business

Sugar imports from Uganda doubles in ten months.

Sugar imports from Uganda grew 97 percent in  10 months to October resulting from surplus stocks in the neighboring country. Regulatory...

Uber introduces BodaBoda services in Nairobi

Uber has announced the launch of uberBODA in Nairobi that will allow riders to hail a Boda-Boda motorcycle using the Uber app. uberBODA...

Kenya, Mozambique Presidents say trade volume between two nations must rise

President Uhuru Kenyatta and his Mozambican counterpart President Filipe Nyusi on Wednesday evening challenged the private sector to...

KRA targets 568 cars at Mombasa port for sale.

More than 100 owners of some 568 vehicles that have overstayed at the Port of Mombasa risk losing them mid next month at a Kenya Revenue...

Kenya and Mozambique move to remove double taxation.

Kenya and Mozambique have initiated talks geared at restructuring trade tariffs. Foreign Affairs Cabinet Secretary Monica Juma says the...

Kenya Power Sh4.8 billion diesel order signals long wait for cheap electricity

Electricity distributor Kenya Power has awarded National Oil Corporation of Kenya (Nock) a Sh4.85 billion tender to supply low sulphur...

Five banks lose bid to block Sh392m CBK fine over NYS scandal

The five banks penalised over suspicious transactions relating to the National Youth Service scandal have lost a bid to block the fines....

Safaricom eases Lipa na M-Pesa transactions

SAFARICOM has upgraded its Lipa na M-Pesa system to enable customers make faster and private cashless payments at more than 2,500 sales...

KCB nets Sh18 billion profit in third quarter results

KCB Group posted Sh18.04 billion net profits from Sh15.08 billion reported in the same period last year. The results declared on Wednesday...

Jambojet to start flights to Somali and Burundi

LOCAL carrier Jambojet will from tomorrow start flying to Somali and Burundi as part of its plan to grow its regional presence. The airline...