BUSINESS
This section give a comprehensive coverage of business news in Kenya – ranging from companies, industry, economy, markets, agriculture and the NGO world.
KRA Wins Tax Suit Against M-Pesa Foundation
The Tax Appeals Tribunal dismissed an appeal by the M-Pesa Foundation Charitable Trust (M-Pesa Foundation), challenging the decision by Kenya Revenue Authority (KRA)...
BT Correspondent
Phoenix Aviation Acquires New Plane, Expanding Jet Fleet to 13
Phoenix Aviation, Kenya’s premier executive and VIP charter carrier based at Wilson Airport in Nairobi, has expanded its fleet to 13 to boost...
BT Reporter
24-Year-Old Instant Millionaire ‘Still in Shock’ After Receiving the Money
Twenty-four-year-old Kepher Okoth Ooko from Kanga, Migori County, is the grand winner of Ksh5 million in the “Shine Kenya Shinda Mamilii Kama Bingwa”...
BILL YAURA
Jittery Shareholders Take Urgent Step to Save Standard Group
The main agenda at the AGM was how The Standard Group plans to raise Ksh1.5 billion through a rights issue
BT Reporter
Sweetheart Deal With Shareholders Lifts Old Mutual Group From Loss to Sh327M Profit
Old Mutual Holdings PLC has announced a profit after tax of Ksh327 million for the first half of 2024, a remarkable turnaround from...
BT Reporter
Kenyan Billionaire Offers Higher Bid in Battle for Bamburi Cement
Savannah Clinker Ltd (SCL), a Kenyan building and construction sector company, has placed a sweet counter-offer bid to acquire up to 100% of...
KALU MENGO
Diamond Trust Bank Adopts UN Principles for Responsible Banking
Diamond Trust Bank (DTB) has become an official signatory of the UN Principles for Responsible Banking – a single framework for a sustainable banking...
BT Reporter
Safaricom Investment Co-operative Bets on Rebrand to Stimulate Growth
Safaricom Investment Co-operative has received approval from the Ministry of Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development to adopt a new...
BT Correspondent
