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Business

115 posts

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Agriculture Finance Corporation Unveils New Agri-Financing Products For Women

The Agriculture Finance Corporation (AFC) has developed new financial delivery models targeting women who have been excluded in agricultural financing.The model...

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KQ Declines To Remit Pilots’ March Salaries Over Demand For Lower Pay Cuts

Kenya Airways (KQ) will not remit salaries for its pilots who are demanding less pay cuts in the midst of the Covid-19 pandemic.KQ director of operations Paul N...

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Kenyans’ M-Shwari and Fuliza Loans Hit Sh432 billion in 2020

Kenyans borrowed at least Sh1.2 billion from Mshwari and Fuliza everyday in 2020, an indication of an increased reliance on debt due to the economic slowdown oc...

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Farmers to earn more as govt reviews cane prices upwards

The government has adjusted the minimum cane price upwards and directed millers to adhere to the new rates effective April 1.The review of the minimum recommend...

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Kebs Seizes Sub-standard Masks at Quickmart, Ruai

The Kenya Bureau of Standards (KEBS) on Wednesday seized 211 boxes of Promo King Disposable masks after stripping the brand of its standard mark permit.The agen...

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Hotel Workers Take to the Streets in Protest of Recently Imposed Lockdown

Hotel workers in Kenya have taken to the streets to protest against the lockdown measures announced by President Uhuru Kenyatta. In a State address last week, t...

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Banks Resume Charges for Transactions Above Sh100 via Mobile Money Wallets

The Central Bank of Kenya has given banks a green light to start charging customers for transactions above Sh100 using their own mobile money wallets.In a state...

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KPA Concludes Ksh 500 Million Modern Jetty Projects

The Kenya Ports Authority (KPA) has completed the construction of the Sh500 million modern tug jetty at the marine dockyard,  providing Mombasa Port a critical...

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Kenya Set To Auction Lamu Oil Blocks In A Year’s Time

Kenya is set to auction oil and gas exploration blocks in the Lamu Basin in the Indian Ocean, Petroleum and Mining Principal Secretary Andrew Kamau has announce...

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KRA Experiencing Downtime In Online Tax Filing Systems

The Kenya Revenue Authority (KRA) is experiencing system failure in its online tax filing system, which has seen Kenyans experience difficulties while filing re...

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Safaricom To Bid For Ethiopian Telecommunications Licence

Kenyan giant telecommunications company Safaricom has announced plans to bid for a telecommunications licence in Ethiopia.This follows a request for proposals (...

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Optimism High As Kenya’s Coffee Sector Starts To Regain Its Long-Lost Aroma

Kenya’s coffee sub-sector is getting back its aroma following intensive reforms by the government that have, among other things, simplified its marketing.Karoki...

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New Fodder Variety To Increase Milk Production

Kenya Agricultural and Livestock Research Organisation (KALRO) has released four varieties of fodder grass expected to lower the cost of feeding livestock and i...

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Authority Now Goes After Exploitative Brokers To Protect Potato Farmers

Agricultural and Food Authority (AFA) has launched a nationwide crackdown against buyers flouting potato packaging regulations stipulated in the Crops Act 2013....

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Government Launches Sh6 Billion Buxton Point Housing Project

The government has asked critics of the Sh6 billion affordable housing project at Buxton Point, Mombasa, to present their reservations in a constructive manner...