Flight charges to coastal towns increase
It is peak season for airlines in Kenya. Air tickets have shot up, particularly tickets to the coastal towns of Mombasa, Ukunda, and Malindi. The tourist season is here and [...]
SWVL to Bring Dynamic Pricing In Future.
SWVL intends to introduce dynamic pricing in its Kenyan business. In future, the bus-hailing service plans to charge a different fares for its various drop off points. The dynamic pricing [...]
KCB urges NBK investors to swap their stocks
National bank has been struggling to stay on its feet with little or no fruits at all. Particularly after it posted a 98% drop in profits from 400 million to [...]Rwandan tea beats Kenyan tea in quality
Rwandan tea has been selling at better prices compared to Kenyan tea at the coastal tea auction. The tea is rated as being better quality than the local tea hence [...]Commercial Banks concerned over Treasury's order
The National Treasury has instructed all government owned institutions to hand over the cash balances in their bank accounts. On Monday, the treasury invited heads of state-owned corporations to discuss [...]Housing Finance auctions high end properties to recover funds
The mortgage provider Housing Finance has put up for sale several high end homes in an attempt to recover funds. The houses up for auction are estimated to have a [...]
CMA Invites Public debate on Draft Commodity Markets Regulations.
The Capital Markets Authority has invited members of the public to comment on its draft Commodity Markets Regulation starting today, 12 August to 12 September 2019. This draft is in [...]Census exercise to be done in the last week of August
Kenya conducts a national census every ten years. The last exercise was done in 2009, therefore, the next census is set to happen at the end of this month. The [...]Impulse Buying- Possible Road to a Dead End
Ever wondered why you, or any person you may or may not know complain of running broke, either ‘suddenly’ or just a few days after payday? Do you, occasionally, scratch [...]Betting companies lose petition on withholding tax
The Nanyuki High Court ruled in favor of KRA interpretation of the term winnings. The court settled for KRA's definition of winning as gross gaming revenues, which are subject to [...]Sportpesa Cancels All Sports Sponsorships.
Sportpesa announced that it would be canceling its sports sponsorships. The company issued a notice to all clubs and partners of this move after suffering immense pressure from regulators. A [...]Accor Opens Its Doors to Gigiri
Because Nairobi has continued to prove to be at the centre of East Africa’s economic, financial and transport growth, Accor has decided to set up its first MGallery unit in [...]
