Exclusive

Publication

Byline

Location

393 Nairobi County staff escape PAYE tax deductions

Nairobi, April 4 -- A total of 393 employees working for the Nairobi County government earned a combined salary of Sh52.6 million during the financial year ended June 2023 without paying income tax as... Read More


Consumer pain as cooking gas prices up to record high

Nairobi, April 3 -- Cooking gas prices heated to an all-time high of Sh3,231.84 for the 13-kilogramme cylinder in March, defying State-backed efforts to lower the cost of the fuel, including scrapping... Read More


Sales costs of Uganda unit to slash Bamburi Cement profits

Nairobi, April 2 -- Listed cement maker Bamburi has cautioned investors that its profit for the year ended December last year will plunge by a quarter compared to the earnings booked in 2022, citing a... Read More


Sales costs of Uganda unit to slash Bamburi Cement profits

Nairobi, April 2 -- Kenya's cement maker Bamburi has cautioned investors that its profit for the year ended December last year will plunge by a quarter compared to the earnings booked in 2022, citing ... Read More


Local travel start-up Triply bags Sh65.8m funding from Y Combinator

Nairobi, April 2 -- Local travel tech start-up Triply.co has received a major boost after it bagged $500,000 (Sh65.8 million) in funding from start-up accelerator Y Combinator to power its next phase ... Read More


Cash outside banks drop fastest in five years

Nairobi, April 1 -- Cash circulating outside banks dipped at the fastest rate since Kenya's demonetisation phase five years ago in January this year after it fell by Sh13.3 billion to stand at Sh268.8... Read More


Coffee grower Eaagads issues profit warning

Nairobi, March 28 -- Listed coffee grower Eaagads has issued a profit warning for the financial year ending March 2024, citing a reduction in the volume of coffee offered to the market. In a public n... Read More


BasiGo gets Sh395m to scale up electric buses output

Nairobi, March 26 -- BasiGo has received $3 million (Sh394.5 million) in equity funding from CFAO Group, a mobility industry player wholly owned by Japan-based Toyota Tsusho Corporation, to ramp up th... Read More


Kenya's happiness ranking drops

Nairobi, March 26 -- Kenya's happiness levels have dropped for the first time in five years, an analysis based on a newly released survey shows. Scores in the happiness ranking are based on individua... Read More


Kenya's happiness ranking drops

Nairobi, March 26 -- Kenya's happiness levels have dropped for the first time in five years, an analysis based on a newly released survey shows. Scores in the happiness ranking are based on individua... Read More