New Europe lockdowns dim Kenya’s horticulture prospects

By Kepha Muiruri,

The return of lockdowns in Europe has cast a shadow to Kenya’s horticulture earnings prospects in 2021 in spite of a resilient 2020. This is as p...

Fresh Produce Consortium (FPC) , Fresh Produce Exporters Association of Kenya , Horticulture in Kenya

Low profit margin firms ‘punished’ in minimum tax roll out

By Kepha Muiruri,

High turnover but low profit margin yielding firms are expected to see the bitter end of the minimum tax effected at the start of the year. This is...

minimum tax , National Treasury

Kenyan family receives Ksh.300M compensation from Boeing over Ethiopian Airlines crash

By Agencies,

A Kenyan family that lost kin in the deadly Ethiopian Airlines Flight 302 crash has received a record-breaking a Ksh.300 million settlement from plane...

boeing , Ethiopian Airlines , Ribbeck Law Chartered

EABC urges partner states to harmonize tax regime

By Citizen Reporter,

The East African Business Council (EABC) is urging for tax regime harmonization within the East Africa Community (EAC) and improve ease of doing busin...

EABC , nesbitt

Everyone you know uses Zoom but that wasn’t the plan

By CNN,

The tweet was when Eric Yuan knew something had to change. Boris Johnson, the UK prime minister, shared a photo from his first ever virtual cabinet...

Zoom

Gov’t to probe child trafficking syndicate after BBC exposé ‘The Baby Stealers’

By Erick Owenga,

The government has set up a multi-agency to probe child trafficking syndicate exposed by 'The Baby Stealers' BBC Africa Eye documentary. Labour and...

baby stealers , child trafficking , Maryana Munyendo , Missing Child Kenya

Sidian Bank nine months profit down 90 per cent

By Kepha Muiruri,

Centum Group lending subsidiary Sidian Bank has booked a 90 per cent dip in profits across nine months to September 30 with earnings down at Ksh.8.1 m...

Centum Group , Sidian Bank

Buying a baby on Nairobi’s black market

By Guest Writer,

By Peter Murimi, Joel Gunter and Tom Watson  Babies are being stolen to order in Kenya to feed a thriving black market. Africa Eye infiltrated the...

BBC , BBC Africa eye , Black Market , Mama Lucy , Missing Child Kenya , Nairobi

Former James Bond actor Sean Connery dies aged 90

By Reuters,

Scottish movie legend Sean Connery, who shot to international stardom as the suave, sexy and sophisticated British agent James Bond and went on to gra...

Equity ranks position 7 in the list of top 10 banks in Africa

By Benjamin Muriuki,

Equity Bank has been listed at number 7 among the top 10 Banks in Africa in 2020 with a score of 5.82 in the overall category of the best performing b...

equity bank

Court grants former National Bank of Kenya boss Ksh.26.5M compensation for unlawful sacking

By Benjamin Muriuki,

The Employment and Labour Relations Court has ordered National Bank of Kenya (NBK) to pay its former Managing Director Munir Sheikh Ahmed Ksh.26,520,0...

Munir Sheikh Ahmed , National Bank of Kenya

COVID-19 chokes interest rate repeal gains – Report

By Kepha Muiruri,

The COVID-19 pandemic has reversed benefits earned from the repeal of the interest rate caps in November last year. While the rate repeal was expec...

COVID-19 , Fitch , interest rate caps

Civil groups seek to quash Kenya’s tax agreements with 10 ‘tax havens’

By Kepha Muiruri,

Two civil society organizations- the Tax Justice Network Africa (TJNA) and the Katiba Institute (KI) have moved to court in a bid to stop the implemen...

Double Tax Agreements (DTAs) , money laundering , National Treasury

Local firms continue cutting jobs despite rebounding economy

By Kepha Muiruri,

Kenya’s private sector has continued shedding jobs in spite of an improving macro-economic environment supported by an ease of COVID-19 restrictions...

COVID-19 , Jibran Qureishi , KNBS , Stanbic PMI , unemployment

KenGen to pay Ksh.1.65 billion dividends

By Kepha Muiruri,

The board of the Kenya Electricity Generating Company (KenGen) has recommended a Ksh.1.65 billion dividend pay out to shareholders. The pay which t...

kengen , Rebecca Miano

Kirinyaga County manufactures affordable feeds for poultry farmers

By Benjamin Muriuki,

One of the major challenges facing poultry farmers in Kenya today is lack of access to quality and affordable animal feeds. The high cost of feeds ...

Kirinyaga County. , poultry farming

Revealed: Oil companies lobbying U.S. Gov’t to make Africa backslide on plastics

By Citizen Reporter,

The American Chemistry Council has lobbied the US government during the COVID-19 pandemic to use a US-Kenya trade deal to expand the plastics industry...

Gov’t urged to reconsider tough COVID-19 rules for bars, eateries

By Erick Owenga,

Pub owners now want the government to allow members who have complied with ministry of health regulations to be allowed to continue operating. Pubs...

bars , coronavirus , eateries , Entertainment and Restaurants Association of Kenya , Pubs

NSE defies markets slack to grow profits by four-fold

By Kepha Muiruri,

The Nairobi Securities Exchange (NSE) has announced a 455 per cent growth in half year profit to Ksh.110.5 million against the odds of a lack-lustre i...

Geoffrey Odundo , Nairobi Securities Exchange (NSE)

How to get started with Forex Trading in Kenya

By Trade Forex Kenya,

Forex trading is the term for buying or selling currency on the international currency market. This trading happens on the current exchange rate of...

Forex Trading in Kenya