Impala Platinum said Africa’s biggest fund manager must make a decision over what to do with its Royal Bafokeng Platinum stake, which has become central to ending an eight-month takeover …
BusinessEconomyEntrepreneurship
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Entrepreneurship
The Kenya Kwanza Alliance is Thursday expected to launch its manifesto at Nairobi’s Kasarani Sports Complex. The Alliance’s presidential flagbearer William Ruto will launch the much-awaited manifesto as a culmination …
The Treasury will not invoke the law that allows the government to control the prices of essential goods in reaction to the surge in inflation. Treasury Principal Secretary Julius Muia …
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 …
- 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 …
- BusinessEntrepreneurshipInsurance
Jubilee Allianz General Insurance, Allianz Kenya Merger Get Regulatory Nod
Jubilee Allianz General Insurance and Allianz Kenya have received a nod from Insurance Regulatory Authority(IRA) to merge their general insurance businesses. The newly formed underwriter is expected to have an …
- BusinessEconomyEntrepreneurship
Kenya Shilling Weakens against the August upcoming Polls
by Omolaraby OmolaraThe Kenya Shilling traded at 117.57 per US dollar on June 23th, compared to 117.29 per US dollar on June 16th 2022, a weekly bulletin from the Central Bank of Kenya(CBK) …
- BusinessEntrepreneurshipINVESTMENTManufacturing & Consumer Goods
Tanzania hits traders with nearly double export fees
Tanzania has doubled the cost of export permits by 93 percent, a move likely to open another round of trade dispute between Nairobi and Dar es Salaam. The authorities in …
- BusinessEconomyEntrepreneurship
Business At Standstill As Traders Protest Construction Of Kiosks On Top Of Sewer
Business came to a halt at Port Victoria market after 300 traders protested Busia county government officials’ move to construct kiosks on top of a sewer system. Led by their …
The Nairobi Securities Exchange (NSE) PLC has hosted the inaugural NSE CFO Conference. The conference brought together finance leaders from leading companies in Kenya and the region to deliberate on …