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Latest Business news in Kenya and political news from Kenya

Irreplaceable CEO? Lancet Appoints 3 People to Take Over from Kalebi

Kalebi's official title was Group Managing Director, CEO and Chief Consultant Pathologist - highlighting the different roles he took on at the organization. The roles will now be split between Mwende Musunga as Group CEO, Matthieu Goge as Group Managing Director and Dr. Charles Wahome as Chief Consultant Pathologist.

5 Important Tips for Your Business Website

Many companies and even small businesses have accelerated their digital initiatives to include an online presence and stay relevant to their customers.

Kenyan Banker Donates Ksh48M Stunning Bermuda After Plane Crash Killed 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.

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.

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.

Empowering Wanjiku in 2021: Here’s What We Must Do

Wanjiku, an Agikuyu name, found its way into mainstream discourse thanks to the Second President of Kenya, the late Daniel Moi, who irritably used the word as retaliation to Kenyans in the 1990s. At the time, political activists and Kenyans were calling for a constitutional review that would actively feature Kenyans' input.

Homeboyz Issues Profit Warning 3 Months After NSE Listing

The firm which has interests in events, audio-visual production, sports and youth marketing saw its event division, in particular, take a hit during the pandemic as the entertainment and events sector was affected by restrictions on gatherings and the curfew.

Ksh18 Billion-a-Year Mitumba Industry Fights for Changes Amid Threats to Its...

The second-hand clothes sector in Kenya, better known as Mitumba, paid Ksh12 billion in taxes in 2019, and employs over 2 million people. A new report from the Institute of Economic Affairs (IEA) commissioned by the Mitumba Consortium Association of Kenya, offered numerous insights into the lucrative sector which continues to face threats despite its contribution to the economy.

150 Restaurants Participating in 2021 Nairobi Burger week

"This year we have seen a record number of restaurants, over 150, so diners will be spoilt for choice. We’ve made it even simpler, so all one has to do is visit any one of the participating outlets and ask for their burger week deal," she added. Burger week 2021 is assured to reach far and wide as Uber eats will provide delivery services for non-restaurant burger lovers.