EAC Manufacturers Network meet to discuss regional challenges

By Christine Muchira/Release The East African Community Manufacturers Network meet today to discuss among other things, the review of the EAC Common External Tariff (CET), standards harmonization and tax harmonization. The EAC network aims to realize...

Safaricom launches E-commerce portal, Masoko

Safaricom officially announced the launch of its e-commerce portal, Masoko on Tuesday that will aim to provide local merchants with an online platform to sell their products and services. Masoko, (Swahili for ‘markets’) will provide...

CIC, Spire Bank partner to grow life insurance penetration

By Christine Muchira/Release CIC Life Assurance has entered into a new partnership with Spire Bank in a deal that will see the two firms combine forces to distribute co-branded life insurance products. The strategic relationship involves...

UAP sees dip in profits for 2016 period

By Regina Manyara-Gitau. UAP Holdings 2016 full year net profit dipped 8 percent to 825 million shillings on account of an income tax expense as opposed to a tax credit that the firm enjoyed the...
KQ plan

KQ to fly to Cape Town, South Africa

By Claire Wanja/kna Kenya Airways has introduced flights to Cape Town, South Africa. The airline will operate three weekly flights between Nairobi and Cape Town beginning July 2016. It will be Kenya Airways second city in South...

Kenya to increase funding in research and development to 3pc

By O’Brien Kimani Kenya plans to increase funding in research and development to three percent of the Gross Domestic Product in five years. The National Commission for Science, Technology and Innovation (NACOSTI) Director General Moses Rugutt...

Kenya Power implements KSh13b underground cabling project

By Christine Muchira Kenya Power is implementing a Sh13 billion underground power network project to improve the quality of electricity supply in Nairobi. The underground cabling project is expected to reinforce the Nairobi City Centre bulk...

Four KRA officers charged with tax evasion related crimes

By KNA Four Kenya Revenue Authority (KRA) officers, have been arraigned at the Milimani law courts, in Nairobi, for perpetrating tax evasion related crimes. The officers, who have also been suspended from the Authority’s service, were...

KAM launches TVET programme in Mombasa

By Beth Nyaga Kenya Association of Manufacturers Tuesday launched its Technical and Vocational Education and Training (TVET) programme in Mombasa as part of the organization’s goal to bridge the skills gap in the country. Since the launch of...

KTDA upbeat about tea prices

By Caroline Njenga The Kenya Tea Development Agency is optimistic that tea prices that have been increasing at the Mombasa auction in recent weeks will cushion farmers against lower output as a result of drought....
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