Why we need to go beyond the makeover of our investment laws

Nairobi, April 21 -- After two decades, the Investment Promotion Act is due for an overhaul and the Investment Promotion and Facilitation Bill 2023 is the result. The Bill has been the subject of deb... Read More

Understanding the changes in new IFRS 18 accounting standard

Nairobi, April 21 -- On April 9, 2024, the IASB (International Accounting Standards Board) issued IFRS 18 - Presentation and Disclosure in Financial Statements. IFRS 18 replaces IAS 1 - Presentation o... Read More

General Francis Ogolla: The first Kenyan military chief to die in office

Nairobi, April 19 -- General Francis Omondi Ogolla has become the first chief of defence forces in post-independence Kenya to die in office, following a helicopter crash that claimed the lives of nine... Read More

Employers face more costs in workers compensation plan

Nairobi, April 19 -- Employers face higher costs as a new draft Bill seeks to have them contribute one percent of each worker's gross monthly earnings to fund a kitty that will compensate employees wh... Read More

E-commerce startup MarketForce shuts down RejaReja distribution unit

Nairobi, April 19 -- Homegrown e-commerce start-up MarketForce has announced it is shutting down its business-to-business (B2B) distribution business RejaReja citing razor-thin margins that have made ... Read More

Improve mineral wealth checks

Nairobi, April 18 -- The other day, we woke up to the news that the government had suspended two Chinese mining companies, Zhengwei and Chuanshan, that were mining diatomite in Baringo. The matter is... Read More

Devki investor right on push for local industry protection from imports

Nairobi, April 18 -- I watched Guru, the Devki boss, speak at the official commissioning of their West Pokot clinker factory. It was a simple non-pretentious speech with a strong message for our econo... Read More

Hotels face downgrade as CS cites ratings manipulation

Nairobi, April 18 -- Some hotels in Kenya face the possibility of downgrades after allegations that they influence their ratings. Tourism Cabinet Secretary Alfred Mutua has issued a stern warning to ... Read More

Why understanding how dividend yield works is important

Nairobi, April 18 -- Is it prudent to allow companies to make payouts to shareholders? Some people say money paid to shareholders is no longer available to pay creditors. That payments reduce any comp... Read More

Moderna U-turn underscores the need for vaccine independence

Nairobi, April 18 -- Recently, Africa received disenchanting news about Moderna's decision to halt the well-thought-out plan to have a vaccine manufacturing plant in Kenya. The project was to be one o... Read More

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