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Enforce rules to tame money laundering

Nairobi, Oct. 4 -- The publication of new regulations to fight money laundering by the Treasury is a positive step and shows some signs of commitment by the government to tackle the menace. The regul... Read More


Let new JKIA terminal tender be above board

Nairobi, Oct. 4 -- Plans to construct a third terminal at JKIA starting January next year are timely, especially now that Kenya seeks to strengthen its hub status. However, this should not be another... Read More


On health insurance contributions by informal workers, State is out of touch

Nairobi, Oct. 4 -- Drawing a nation of informal workers into the formal sector is never a one-step endeavour: and the government's seriousness in shifting the formal-informal imbalance in our nation h... Read More


Vivo Energy to cement dominance with Lexo deal

Nairobi, Oct. 4 -- Vivo Energy, the retailer of Shell-branded products, has secured a retail agreement with Dutch-owned Lexo Energy that promises to strengthen its dominance of Kenya's oil market. Vi... Read More


Twiga Foods gets two months to resolve dispute with IT company

Nairobi, Oct. 4 -- Twiga Foods and a cloud services provider have been granted two months to try and resolve a Sh39 million dispute out of court. High Court judge Josephine Mong'are gave the agri-tec... Read More


Nairobi Hospital fights Sh403m tax claim

Nairobi, Oct. 4 -- The Kenya Revenue Authority (KRA) is pursuing a Sh403 million claim from Nairobi Hospital, deepening its fights with corporate bodies over tax payments. Nairobi Hospital says in th... Read More


Netflix ends free plan for Kenyan subscribers from November

Nairobi, Oct. 4 -- Streaming service provider Netflix is discontinuing its free plan in Kenya starting next month in what promises to cut off thousands of subscribers who have enjoyed complimentary ac... Read More


Equity bags 6 prizes at Euromoney Awards

Nairobi, Oct. 4 -- Equity Bank has been recognised as the best financial institution for corporate responsibility in Africa for the second year in a row at the Euromoney Awards for Excellence. The le... Read More


What has changed in new anti-money laundering rules?

Nairobi, Oct. 4 -- The Treasury is collecting views on the regulations that will operationalise the amended Anti-Money Laundering and Combating of Terrorism Financing law. The regulations will align ... Read More


Fuel consumption drops to five year low as Kenyans keep cars at home

Nairobi, Oct. 3 -- Fuel consumption between January and June dropped to the lowest levels in more than five years, excluding the Covid-19 pandemic period, amid high pump prices that depressed demand a... Read More