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KRA nets Sh10bn rent income tax - Daily Nation;

KRA nets Sh10bn rent income tax - Daily Nation

Daily NationKRA nets Sh10bn rent income taxDaily NationThe taxman has collected Sh10 billion from landlords since a law that requires them to pay taxes on earnings came into force in January last year. The Kenya Revenue Authority (KRA) said on Tuesday it has on board 52,000 landlords — slightly over 50 ...and more »

Tourism rebounds as new luxury hotels open, foundation laid in Nairobi for Africa's tallest building - The Star, Kenya;

Tourism rebounds as new luxury hotels open, foundation laid in Nairobi for Africa's tallest building - The Star, Kenya

The Star, KenyaTourism rebounds as new luxury hotels open, foundation laid in Nairobi for Africa's tallest buildingThe Star, KenyaPresident Uhuru Kenyatta lays a foundation stone at the site of Pinnacle Tower, slated to be Africa's tallest building, May 23, 2017. /PSCU. Facebook · Twitter · Google+ · WhatsApp · Email. The tourism sector on Tuesday got a major boost as President ...Sh20Bn for Africa's tallest building in Upperhill, NairobiCapital FM Kenya (press release) (blog)Uhuru Kenyatta to Urge Rebalances in Trade Between China and AfricaThe FINANCIALall 5 news articles »

Kenya's bourse key index hits 8-month high - Xinhua

Kenya's bourse key index hits 8-month highXinhuaNAIROBI, May 23 (Xinhua) -- Nairobi Securities Exchange (NSE) 20 Share Index gained 21 points Tuesday to hit an eight-month record high of 3,317.16. The last time the index was at that level was in October 2016, with latest increase boosted by ...Kenya Bourse benchmark index closer to 3300 pointsCoastweekNairobi bourse investors wealth rises on banks, telecom stocks surgeGlobal Timesall 3 news articles »

Bidco targets Sh100bn turnover in fi ve years - The Star, Kenya;

Bidco targets Sh100bn turnover in fi ve years - The Star, Kenya

The Star, KenyaBidco targets Sh100bn turnover in fi ve yearsThe Star, KenyaConsumer goods company Bidco Africa plans to commission four new plants by end of the year as part of an ambitious diversification plan estimated at $200 million (Sh20.66 billion) in the next five years. The company is presently constructing an ...Bidco in Sh20 billion expansion plan as it seek to widen revenue baseThe StandardBidco unveils expansion plan as it seeks to grow turnover to Sh100bnBusiness Daily (press release) (blog)all 4 news articles »

Africa A Top Priority For India, Says PM Narendra Modi At African Development Bank Meet - NDTV;

Africa A Top Priority For India, Says PM Narendra Modi At African Development Bank Meet - NDTV

NDTVAfrica A Top Priority For India, Says PM Narendra Modi At African Development Bank MeetNDTVThe five-day annual meeting of AfDB, being held in India for the first time, is being attended by 54 African regional members and 27 non-regional member countries of the organisation. All India | Indo-Asian News Service | Updated: May 23, 2017 21:50 IST.Africa top priority for India, says Prime Minister Narendra ModiEconomic TimesWelcome to the 2017 Annual Meetings of the African Development Bank Group!AllAfrica.comIndia must become a growth engine: PMThe HinduDaily News & Analysis -Livemint -Eastern Mirror -Hindu Business Lineall 168 news articles »

Kenya's low cost carrier to expand regionally in 2018 - News Ghana;

Kenya's low cost carrier to expand regionally in 2018 - News Ghana

News GhanaKenya's low cost carrier to expand regionally in 2018News GhanaKenya's low cost airline Jambojet plans to begin international flights beginning in 2018, company officials said on Tuesday. Jambojet CEO Willem Hondius told a media briefing in Nairobi that it has already applied to the Kenya Civil Aviation Authority ...Jambojet Adds Second Dash 8 Q400 Aircraft to its FleetAviation Tribuneall 3 news articles »

Opec oil producers poised to extend production cuts - The Guardian;

Opec oil producers poised to extend production cuts - The Guardian

The GuardianOpec oil producers poised to extend production cutsThe GuardianAn oil rig near the town of Usinsk, 930 miles north-east of Moscow. Photograph: Dmitry Lovetsky/AP. Oil. Opec oil producers poised to extend production cuts. Vienna meeting almost certain to prolong curbs but analysts say tougher reductions in output ...Commodities: Crude around even ahead of this week's stores data, OpecDIGITALLOOKOil Pulls Back After U.S. Proposal to Sell StocksFox BusinessOPEC heads towards oil supply cut extension as Saudi signals most on boardThe Star OnlineSaudi Gazetteall 522 news articles »

Zimbabwe: AfDB Projects Zim GDP At 1,3pc - AllAfrica.com;

Zimbabwe: AfDB Projects Zim GDP At 1,3pc - AllAfrica.com

AllAfrica.comZimbabwe: AfDB Projects Zim GDP At 1,3pcAllAfrica.comTHE African Development Bank has projected Zimbabwe's economy to grow by a conservative 1,3 percent this year; lower than forecasts by Government and International Monetary Fund of between 2 percent and 3,7 percent. The AfDB projected Zimbabwe's ...Kenya's 2017 growth prospects hinges on increased rains – AfDBThe Star, Kenya'Economy to grow by 1,3% on agric uplift'NewsDayall 3 news articles »

Understanding growth power in sub-Saharan Africa and defining Africa's middle class - Bizcommunity.com;

Understanding growth power in sub-Saharan Africa and defining Africa's middle class - Bizcommunity.com

Independent OnlineUnderstanding growth power in sub-Saharan Africa and defining Africa's middle classBizcommunity.comUCT Unilever Institute of Strategic Marketing and Ipsos have partnered to uncover a mass of data about a market comprising roughly 100m people in sub-Saharan Africa - the urban middle class. The research was unpacked and presented during an African ...Growth Opportunities in the Phytochemicals Market in Sub-Saharan Africa, 2016PR Newswire (press release)all 5 news articles »

Good management of the line will benefit Kenyans - K24 TV;

Good management of the line will benefit Kenyans - K24 TV

K24 TVGood management of the line will benefit KenyansK24 TVPhoto: SGR workers fine-tune the equidistant positioning of sleepers and T-beams at the section near Kibwezi town. Photo/Dennis Onsongo. The Standard Gauge Railway (SGR) is now a reality. In a matter of days, it is expected to start operations with ...Standard gauge railway will turn Kenya's business aroundDaily NationTourism players hopeful ahead of SGR launch next weekBusiness Daily (press release) (blog)SGR to have a daily return train trip between Mombasa, NairobiNairobi News (satire) (press release) (blog)ecns -The Star, Kenyaall 10 news articles »

Accountants moot new insurance reporting rules - The Standard;

Accountants moot new insurance reporting rules - The Standard

The StandardAccountants moot new insurance reporting rulesThe StandardInsurance Regulatory Authority acting CEO Godfrey Kiptum is expected to oversee sector changes . (Photo: File/Standard). The International Accounting Standards Board (IASB) has issued new guidelines for insurance contracts. The move will compel ...Quantifying and disclosing the impact of IFRS 15BusinessWorld Online Editionall 2 news articles »

Vodacom may push further into Africa - TechCentral;

Vodacom may push further into Africa - TechCentral

TechCentralVodacom may push further into AfricaTechCentralAcquisition opportunities are opening in Africa for Vodacom Group as telecommunications assets become more affordable, the JSE-listed group's CEO, Shameel Joosub, said this week at the presentation of its annual results for the year ended 31 March 2017 ...Faceless capitalists prowl on the once dark continentThe Standardall 2 news articles »

WannaCry ransomware virus hits 19 Kenyan firms - The Indian Express;

WannaCry ransomware virus hits 19 Kenyan firms - The Indian Express

The Indian ExpressWannaCry ransomware virus hits 19 Kenyan firmsThe Indian ExpressAt least 19 organisations in Kenya have been affected by the WannaCry ransomware in an ongoing global hacking attack. 5. Shares. Facebook · Twitter · Google Plus · Whatsapp. By: IANS | Nairobi | Updated: May 20, 2017 5:16 pm. The Communication ...19 Kenyan firms hit by costly ransomware cyber attackKDRTVall 3 news articles »

Germany commits 81 million Euros to Rwanda development - Coastweek;

Germany commits 81 million Euros to Rwanda development - Coastweek

The HeraldGermany commits 81 million Euros to Rwanda developmentCoastweekKIGALI Rwanda (Xinhua) -- The German government on Thursday announced 81 million euros (about 90 million U.S. dollars) grant towards Rwanda's development programs over the next three years. The announcement was made following ...Financial sector urged to embrace digitalisationThe HeraldKigali Fashion Week goes to EuropeThe New Timesall 3 news articles »

WannaCry ransomware virus hits 19 Kenyan firms - The Indian Express;

WannaCry ransomware virus hits 19 Kenyan firms - The Indian Express

The Indian ExpressWannaCry ransomware virus hits 19 Kenyan firmsThe Indian ExpressAt least 19 organisations in Kenya have been affected by the WannaCry ransomware in an ongoing global hacking attack. 3. Shares. Facebook · Twitter · Google Plus · Whatsapp. By: IANS | Nairobi | Updated: May 20, 2017 5:16 pm. The Communication ...and more »

Make it clear how retailers will handle huge drop in price of maize - The Standard;

Make it clear how retailers will handle huge drop in price of maize - The Standard

The StandardMake it clear how retailers will handle huge drop in price of maizeThe StandardUgali lovers can now dig in and enjoy their meal as Agriculture Cabinet Secretary Willy Bett announced that the government has reduced the price of Unga from Sh160 to Sh90 per two kilogramme packet and that the cheap maize meal would be available in ...Maize price up to unlock stocks held by farmersWorld GrainMinister and PS hard-pressed to explain flour pricingDaily Nationall 5 news articles »

The unga puzzle: Why maize farmers are also queuing for Sh90 flour - The Standard;

The unga puzzle: Why maize farmers are also queuing for Sh90 flour - The Standard

The StandardThe unga puzzle: Why maize farmers are also queuing for Sh90 flourThe StandardA man holds up a board calling for a drop in the price of maize our during last weekend's NASA rally in Nakuru County. [Photo: Kipsang Joseph, Standard]. The politics of maize continues to rage on, the latest twist in the saga being the “sudden ...Systematic analysis needed to reduce post-harvest lossesDaily NationKenya to import 50000 metric tons of maize to ease shortageCoastweekAs confusion about maize spread so did the liesKDRTVall 8 news articles »

NBK seeks Sh4b shareholder loans to stay afloat - The Standard;

NBK seeks Sh4b shareholder loans to stay afloat - The Standard

The StandardNBK seeks Sh4b shareholder loans to stay afloatThe StandardNational Bank of Kenya is seeking funds to keep its head above the waters after capital requirements fell below the regulator's requirements. The lender has been waiting for its top shareholders, the National Social Security Fund (NSSF) and the ...and more »

Mystery of Sh120m for Baringo coffee farmers - The Standard

Mystery of Sh120m for Baringo coffee farmersThe StandardNAKURU, KENYA: Coffee farmers from Baringo County have complained to Deputy President William Ruto over the disbursement of a Sh120 million loan they applied for from the Commodities Fund. Through the Baringo County Co-operatives Union, the ...and more »

Traders count losses over ongoing Outering Road project - The Standard

Traders count losses over ongoing Outering Road projectThe StandardBusinesses along Outering Road that is under construction are counting losses. Right at their doorsteps are deep trenches. The road construction work also leaves behind a heavy cloud of dust, which has been keeping clients away. Those with cars have no ...and more »