16.4 C
7:14 AM Thursday, September 19, 2019
Home Business Daily Africa

Business Daily Africa

Hotpoint shifts to Sh1bn Thika Road complex

Previously, Hotpoint was operating between Westland’s and Industrial Area in Nairobi.

Isuzu, NIC Bank ink loan deal for SMEs

The product will include provisions for additional business support in case of disruption to firms’ business.

Cotu opposes State plan to use Portland land for housing

Cotu has moved to court to challenge a decision by the Government to compulsorily acquire 4,256 acres of land for free from EAPCC.

EABL executives’ shares jump to Sh585 million

The stock compensation is not based on set performance targets.

Court declines to freeze Humphrey Kariuki’s accounts

High Court declined to reinstate an order freezing accounts of nine companies.

Techpreneur seeks to fill yawning gap in Big Data skills

Fascinated by the phrase ‘Big Data’, Timothy Oriedo started to find what this technology is all about.

Technology will transform face of enterprise in Africa

No sector is immune to the fresh charge of ideas powered by technology.

Kenyan picked to chair regional trade lobby

Kenya National Chamber of Commerce and Industry (KNCCI) President Richard Ngatia was Wednesday elected to chair 12-nation trade body.

Police deny Oloo access to Kisumu assembly office

Police and members of the assembly thwarted an attempt by embattled Speaker Onyango Oloo to access his office.

KRA to penalise county staff for delayed remittances

County staff could be denied tax compliance certificates if their employers fail to remit the Sh13 billion they owe KRA.

Ethiopian crash victims want 737 MAX documents from Boeing, FAA

Boeing declined to comment on the lawsuit directly but said it is cooperating fully with the investigating authorities.

AAR deal allows customers settle bills on M-TIBA

The deal signed Tuesday also allows the two firms to explore offering more insurance products on online platforms, enhancing services to members.

EABL pays Sh64bn in tax to the region

EABL tax contribution to regional exchequers rose by 18 percent to hit Sh64 billion.

Michael Joseph calls for expert KQ directors

Kenya Airways must avoid picking a board packed with politically-connected individuals.

UK security firm to settle Sh44m tax row out of court

XFOR Security Solutions has commenced negotiations with KRA.

Andela lays off 175 on market demand shift

Andela is set to lay off 175 of its junior engineers and staff in Kenya.

Roadside stations to reduce Northern Corridor crashes

The stations will be constructed in Kenya, Uganda, Rwanda, Burundi, South Sudan and the Democratic Republic of Congo .

Sh300bn road will hurt some regions, says religious group

A team of religious leaders in Makueni County has opposed the proposed Sh300 billion Mombasa-Nairobi expressway.

Kenya steps up effort to end slavery of seafarers

The government has initiated the process to end maritime slavery by reviewing seafarers’ pay and working agreements.

Lamu fishing fortunes turn around after night ban lifted

In March this year, Interior Cabinet Secretary Fred Matiang’i toured Lamu and ordered the lifting of the night fishing ban that had been in place for eight years.

IATA sees Kenya aviation doubling in two decades

Kenya’s aviation sector growth is expected to double in the next two decades.

Nakuru hotel uses tech to solve parking woes

A hotel in Nakuru is taking the lead in showing how technology can be used to solve the problem of lack of parking space.

Why some State jobs are a dicey dance for daredevils

A number of Kenyans who quit plum posts abroad have paid the price of a moth flying too close to the lamp

Sh47m Equity cash robbery probe extends to Ethiopia

Search for Sh47 million stolen from Equity Bank during last week’s plane heist at Odda Airstrip in Moyale is expected to extend to Ethiopia.

Mwende Mwinzi sues to keep US citizenship

Mwende Mwinzi is suing to stop MPs from forcing her to renounce her US citizenship before she takes the job.

Borrowers in default on 21pc of mobile bank loans

At least one in five loans have not been repaid since 2017, compared to 10 per cent for customers who take regular loans, bankers’ lobby says in new report.

EACC on spot over NHIF car park probe

MPs recommends that EACC should institute and fast-track investigation on the project.

Tax cheats face asset auction in KRA order

KRA says property auctions will help clear mounting tax arrears — which stood at Sh192 billion in June 2017.

Safaricom pays Sh74.9bn dividends early

Safaricom is among a few NSE-listed firms that pay dividends earlier than the fixed timeline,

Crown Paints gives up Dar office to cut costs

Crown Paints has shifted its Tanzanian offices from Dar-es-Salaam to Arusha as the firm moves to slash its operating costs.

News Just in

Varsity student in ivory case says he was framed by girlfriend’s rich dad – VIDEO

A second year student at Moi University accused of ivory trafficking on Tuesday broke down several times in court claiming that he has been...

Nyong’o calls on nurses to end strike : The Standard

Governor Anyang' Nyong'o has pleaded with the Kenya National Union of Nurses (Knun) to call off an ongoing strike over unpaid salaries.

Uganda to use its uranium deposits for nuclear power

Kampala Russia and Uganda have agreed to work together in the field of nuclear energy, the Russian nuclear agency Rosatom said Wednesday....

Group Compliance Manager Job. Old Mutual

Group Compliance Manager Jobs, Insurance Jobs, Old Mutual Jobs Reporting to the Chief Risk Officer, the incumbent will establish and maintain mechanisms and systems...

Senior Sales Executive at Direct Office Technology Ltd

We are a full- service document solution and office automation company in Kenya. We are the leading supplier of multifunctional copiers, printers and office...

Kenyans harvest more gold at Kasarani

Wamira gave Kenya her first gold medal of the competition on Tuesday.

Man who abandoned wife, six kids returns home after 51 years – PHOTOS

An 81-year old man has returned home after disappearing for 51 years, thanks to the ongoing Mau Forest evictions. Mr Francis Muthua Chege left his...

EACC slaps Kidero with Sh68m claim, orders pay within 14 days

Dr Kidero and his accomplices given 14 days to pay up the money or face possible auction.

Hotpoint shifts to Sh1bn Thika Road complex

Previously, Hotpoint was operating between Westland’s and Industrial Area in Nairobi.

Police Car Rams into Trailer, Kills Three [PHOTOS]

According to reports, the trailer was heading to Uganda at the time of the accident...