business

Water pollution an ‘invisible threat’ to global goals, economists warn : The Standard

Reuters 21st Aug 2019 11:37:38 GMT +0300 Water pollution threatens nearly all the globally agreed development goals to end environmental destruction, poverty and suffering by 2030, economists warned in a report on Tuesday, citing the largest-ever database on the world’s water...

Mum of baby girl obsessed with playing with keys turns it into Sh25M idea : The Standard

Mirror 21st Aug 2019 11:19:32 GMT +0300 There is something about keys that small children seem to love, and Elspeth Fawcett’s kids were no exception. She says her second child was “obsessed” with keys, but wasn’t interested with...

Do business with county at your own risk, warns Oparanya : The Standard

Kakamega governor Wycliffe Oparanya Kakamega Governor Wycliffe Oparanya has banned the county staff from doing business with the devolved unit. According to Oparanya, any county employee engaging in any form of business with the county government will be summarily dismissed. Oparanya...

From a maid to car wash boss : The Standard

Life has not been smooth sailing for AnnRita Karimi. Due to difficulties in raising school fees, she dropped out of school in Form Three and became a house maid to fend for her family. After working as a maid for three years,...

High IQ and low emotional intelligence could cost you your dream job : The Standard

Having a high intelligence quotient (IQ) but low emotional intelligence (EI) could cost you your dream job. An article by Forbes quotes the World Economic Forum Future of Jobs Report, which says EI will be one of the top 10 job skills in 2020. Psychology...

From a maid to a car wash boss : The Standard

Life has not been smooth sailing for AnnRita Karimi. Due to difficulties in raising school fees, she dropped out of school in Form Three and became a house maid to fend for her family. After working as a maid for three years,...

Chinese businessman to face Sh1.3b tax evasion charges : The Standard

Kenya Revenue Authority Headquarter in Nairobi (PHOTO: FILE) A Chinese businessman being investigated by Kenya Revenue Authority detectives for allegedly evading paying tax amounting to Sh1.3 billion will appear in court today to plead to an offence of tax evasion. Miao...

Top US CEOs say companies should put social responsibility above profit : The Standard

Reuters 20th Aug 2019 10:08:48 GMT +0300 Corporate America is responsible for providing economic benefits to all, not just its investors, the Business Roundtable group said on Monday. The group’s “statement of corporate purpose” was signed by the heads...

Courts to go digital in September, says CJ : The Standard

The long-awaited digitisation of court records will be rolled out next month, Chief Justice David Maraga revealed yesterday. Justice Maraga said the move will herald the end of the archaic handwriting of notes by judges, magistrates and other judicial officers. It will be...

Committee stops release of confiscated edible oil : The Standard

National Assembly Trade Committee Chairman Kanini Kega (second right) examines a jerrycan of edible oil from a container depot in Mombasa. Parliament has stopped the release of edible oils worth Sh10 billion confiscated by a Government multi-agency task force, a...

High Court stops the hiring of CA board : The Standard

ICT Cebinet Secretary Joe Mucheru before the Senate ICT Committee on Data Protection Bill 2018 at Parliament on 08/05/19. The High Court has suspended a gazette notice on the appointment of four independent directors to the Communication Authority board (CA)....

SGR workers hold demo after colleague dies : The Standard

China Communications Construction Company Business Manager Zhao Jian addresses SGR workers. Standard Gauge Railway workers held a protest following the death of a colleague who fell from a 100-feet high bridge. The employee, who was working at section 7...

Ex-CBK boss gave in-laws and step kin part of Sh116m estate : The Standard

Former Central Bank Governor Philip Ndegwa. Former Central Bank of Kenya (CBK) Governor Phillip Ndegwa gave a portion of his wealth to his in-laws, step-mother and step-siblings. Ndegwa decreed his in-laws, who included Mr and Mrs Robert Angus Stewart...

How to create a company that will last for centuries : The Standard

Dr Absil says cutting costs, an easy to resort to option or firms whenever they have seen sign of trouble, was not necessarily the best route for a company to succeed. A recent survey by the Kenya Bureau of Statistics (KNBS) indicated...

From 100 tutors to 76,000 members: Imarisha Sacco now comes of age : The Standard

Imarisha Sacco Chairman Mathew Ruto speaks during the Sacco’s recent AGM in Kericho town. In 1978, a group of 100 teachers met at a small room along Tengecha Lane in Kericho town and registered a Sacco. It was dubbed Kipsigis...

Riddle of jobs boom in export zones amid gloom in economy : The Standard

A section of the clothing on sale during the Export Processing Zone Mega sale 2 at the Thika Road Mall (TRM) in Nairobi. If your perception of Kenya’s labour market is that of a glass half empty, you could blame it on...

Poor pay to workers starves taxman of much-needed cash : The Standard

KRA Deputy Commissioner for Research Joseline Ogai. He has said income tax was among the worst-performing revenue heads owing to the layoffs and low pay. Salaries for most workers stagnated last year, especially in the private sector, giving the most probable reason...

Regulator caps private stake in mortgage firm : The Standard

Central Bank of Kenya says the non-deposit taking financial institution will increase availability of mortgage loans. Commercial banks have been restricted from owning more than 25 per cent of the Kenya Mortgage Refinance Company (KMRC). This is as the Government...

Treasury makes third stab at M-Akiba bond : The Standard

M-Akiba is largely a savings vehicle, with the Government hoping that its uptake will help mobilise savings among Kenyans. Treasury intends to borrow Sh500 million from ordinary Kenyans after it re-opened the mobile-based M-Akiba infrastructure bond. It will be the...

Centum to shun start-ups after selling struggling beer unit : The Standard

Beer being poured into a glass. Centum Investment has sold the entire stake in its alcoholic drinks subsidiary, King Beverage, at a loss after five years of struggling to make the business profitable. The firm yesterday said it had sold...

State moots conferencing agency : The Standard

Kenyatta International Conference Centre (KICC) auditorium. Kenya is seeking to increase earnings from conference tourism. This has seen the State operationalise an entity charged with marketing the country as a meeting and events destination. The move is part of deepening...

How a criminal syndicate denied KRA Sh30b using fake invoices : The Standard

At the registrar, there are firms registered by different people from those in iTax. The year is 2015. A new, disruptive online tax filing system, iTax, is just a year old. A contractor, let’s call him Smith, is one of...

Telco’s merger and critical lessons from industry regulation : The Standard

Dr Petra Abondo, a consultant in social work. In April 2018, T-Mobile and Sprint announced their intention to merge and compete with AT&T and Verizon. The union would spur lower prices and enable the new entity deploy next generation 5G networks across the US....

KPA to give discounts at Lamu port : The Standard

The Port of Lamu will start operations in October following completion of the first berth early this month. The Kenya Ports Authority (KPA) yesterday said it will be offering heavy discounts for importers using the new port in a bid to attract vessels...

Kenya and Tanzania currencies to steady : The Standard

Reuters 17th Aug 2019 00:00:00 GMT +0300 Kenya’s and Tanzania’s shillings are expected to hold steady against the dollar in the next week to Thursday, as will Zambia’s kwacha, traders said. The Kenyan shilling is expected to be stable,...

Debts and salaries gobble up tax revenue as counties starve : The Standard

Taxpayers file returns at a KRA support centre. Almost all July taxes went to debt repayment and wages. (Kibata Kihu, Standard) Salaries and repayment of debt gobbled up almost all tax revenue the Government collected in July. National Treasury’s Statement for...

Contractors tipped on taming cost : The Standard

Project managers have been urged to adopt efficient management systems to save on time and costs.  One such tool, according to South African-based Pangea Professional Services, is the Earned Value Management (EVM) system. EVM helps contractors manage various aspects of a project such...

Tourists stranded as tour operators protest driver’s death at a police station : The Standard

Tour operators protest the death of a colleague at a police station (PHOTO: Ndegwa) Transport along the busy Nyeri-Nyahururu road was for the better part of Friday paralysed after tour operators blocked it. They were protesting the death of one of...

Kenya sells first crude oil to UK-based Chinese company : The Standard

Reuters 16th Aug 2019 10:56:06 GMT +0300 A truck ferrying the first crude oil from Lokichar, Turkana County, arrives at the Mombasa's Changamwe KPRL storage facility in Mombasa in June 2018. Kenya is set to export its first...

CBK warns public against foreign exchange dealers : The Standard

Central Bank of Kenya Governor Patrick Njoroge (PHOTO: Standard) Central Bank has issued warning to Kenyans on mushrooming online foreign exchange dealers and platforms in the country. The regulator on Friday outlined key characteristics of such dealers and platforms warning unsuspecting...
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A relationship is not a bed of roses and that’s why many don’t last nowadays. People have different preferences and after dating...

Matiang’i orders complete shut down of bars for two days during national census – Nairobi News

Entertainment spots which include bars and entertainment joints, which predominantly sell alcohol, shall be closed from 5pm on Saturday, August 24 until 6pm on...

Water pollution an ‘invisible threat’ to global goals, economists warn : The Standard

Reuters 21st Aug 2019 11:37:38 GMT +0300 Water pollution threatens nearly all the globally agreed development...

Toll from Tanzania truck blast reaches 100

The death toll from a fuel truck explosion in Tanzania on August 10 hit 100 on Wednesday after several victims perished from...

I gave senator Linturi 26 million to build a house and 11 million school fees for our children- Marryanne Kaitany

Former chief of staff at the office of the deputy president Mary Kaitany has split more beans on wednesday morning. She narrated how after their...

Kenyan Jailed in UK After Dramatic Robbery

A Kenyan, Victor Okumu, was handed a 15-and-a-half year sentence for stealing jewellery worth £441,640 (Sh55,357,365) from Northallerton jewellers in North Yorkshire UK. Okumu...

Scam! Huddah photoshopped herself on the cover of Harper Bazaar

If you have seen the September 2019 cover of US fashion and style Magazine Harper’s Bazaar then you know socialite Huddah is not on...

Kamworor triumphs but passes Doha chance

Jacob Icia, at Nyayo Stadium Geoffrey Kamworor clinched the 10,000m title at the National Championships on Wednesday after storming to victory in 27:24.76...

Sapit calls on leaders to tone down wild referendum talk : The Standard

Cleric says lack of integrity among church leaders driving current church wrangles.
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