A significant number of South African companies are still not paying minimum wage to their workers, despite mandatory changes and increases over the past year, says employment and labour minister …
INVESTMENT
-
-
BusinessEntrepreneurshipINVESTMENTReal Estate
Olympia Capital posts Net Profit of KSh 17.5m
by Omolaraby OmolaraOlympia capital holding limited has recorded a net profit of ksh 17,496,000 for the financial year ended 28th February 2022. This is compared to a net loss of KSh 1,113,000 …
-
South Africa’s government and national airline are being sued by a little-known investment firm, which wants the sale of a majority stake in the carrier scrapped and re-run due to …
-
Kenyan-based cloud kitchen Kune foods has shut down operations barely a year after its launch with its founder and Chief Executive Officer Robin Reecht blaming the “economic downturn and investment …
-
BusinessEducationINVESTMENTProduct ComparismTransportation & Logisitics
Government Launches Kenya’s ETrade Readiness Assessment
The government is developing a national e-commerce Strategy (ECS) to boost Kenya’s economic opportunities that are supportive of the country’s strategic goals and Vision 2030. Industrialization, Trade, and Enterprise Development …
-
BusinessINVESTMENTReal EstateSecurity
Businesses Urged To Explore Raising Funds In The Capital Markets
Kenyan businesses have been urged to explore capital raising options in the capital markets to reduce in reliance on credit to fund their growth and expansion. This was during the …
-
EconomyINVESTMENTProduct ComparismTechnologyTelecommunicationsUncategorized
Competition Agency Secures Release Of Sh38mn For SMEs Shortchanged By Insurers
The Competition Authority of Kenya says it has facilitated the release of Sh38 million to 20 motor repairers and 18 motor vehicle assessors who were shortchanged by 18 major insurance …
-
AgricultureBusinessEconomyFood ProductionINVESTMENT
Traders Begin to Import Maize to Address Shortages
Kenya has begun importing maize to address a biting shortage that has left 3.1 million people in arid and semi-arid lands without enough food. Most of the maize consignment is …
-
AgricultureBusinessFood ProductionINVESTMENT
Kenya’s Khat Producers Eager To Resume Exports To Somalia
As the afternoon sun starts to dip over central Kenya, the town of Maua buzzes with activity as the khat harvest arrives. For decades, over half a million people in …
-
BusinessEconomyEntrepreneurshipINVESTMENT
Kenya, Zambia Commit To Joint Efforts Towards Removals Of Trade Barriers
Kenya and Zambia have agreed to work together towards removing barriers that hinder trade and investment between the people of the two countries. President Kenyatta said his discussions with visiting …