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BUSINESS

This section give a comprehensive coverage of business news in Kenya – ranging from companies, industry, economy, markets, agriculture and the NGO world.

Mizizi Africa Targets Millennial Buyers With New House Designs

They come in 3-bedroom bungalows and 5-bedroom maisonettes with a price range of between Sh4.2 Million and Sh6.5 Million respectively.

Kenyan Banker Donates Ksh48M Stunning Bermuda After Plane C***h K****d His...

Njoroge marked two years since the crash on March 10 with a heartwarming gesture - donating over $440,000 (Ksh48 million) to charities in Bermuda as his way of repaying the outpouring of support he received from Bermudians after losing his family.

Kenya Power Promises to Slash Your Bills in New Push

The capacity charges, meant to help companies recoup their multi-billion shilling investments are recovered for consumers and have long been blamed for much of Kenya Power's losses - as they are tied into long term Power Purchase Agreements (PPAs). Other costs weighing the firm down include infrastructure maintenance costs, remuneration and interest on loans.

Medical Tourism: Dignitaries Admitted in Kenya Reveal Multi-Billion Opportunity

While Kenya's public health system is weighed down by corruption, inadequate funding, mismanagement and labour disputes - its private facilities seem to be fairing much better. Ensuring that the country's health facilities - both private and public - meet the highest international standards would open up a multi-billion shilling medical tourism industry in the country.

How Coca-Cola Empowered Over 6 Million Women Entrepreneurs

Patricia noted that women entrepreneurs continue to face major hurdles hindering their successes, and Coca-Cola acknowledges that their work must therefore continue, particularly given the significant socio-economic disruption created by the pandemic in so many communities around the world.

Avoiding M-Pesa Charges, Kenyans Exploit CBK Directive to Enjoy Free Transfers,...

As the zero-rated transaction period lapsed on January 1, Safaricom cut low value M-Pesa transaction fees by up to 45 per cent in line with a deal agreed with the Central Bank of Kenya (CBK). Withdrawal fees remained in place.

Bolt Introduces Eco-friendly Rides With New ‘Green’ Option

The category will have hybrid and electric cars to reduce emissions during trips taken on the Bolt platform thus offering greener transport options. It will attract similar rates as the Bolt Base category, with a minimum fare of Ksh300.

Google’s Ksh2.7 Billion Plan to Empower African Women

Each organisation selected will receive capacity building support and mentoring from Googlers. The enterprises will be vetted by an all-female panel of expert Google executives, world leaders, researchers, educators, business leaders, entrepreneurs, activists and more who will preside over the application review and selection process.

New Journalism Awards Celebrate Digital Shift Threatening Big Boys’ Revenues

During the pandemic, Nation Media Group saw a reduced number of newspaper circulations. Shortly after, the news conglomerate imparted changes to its brand and interface. The rebrand to Nation Africa applied to mainstream and digital media, however, the latter has been taken to account more.

Wealth Tax: Govt Plans Surprise for Kenya’s Super-Rich & High-Income Earners

The move notably comes amid a global conversation on imposing higher taxes on the rich - with a growing movement piling pressure on their governments to do so as a way of taming inequality and channeling resources to neglected and impoverished communities.