Publication

Byline

NSE posts 19pc dollar returns in half year

Nairobi, July 6 -- Dollar investors in blue chip stocks at the Nairobi Securities Exchange (NSE) earned a return of 18.8 percent in the first half of the year, nearly matching local currency returns a... और पढ़ें


Supreme Court clears case against appointment of four CEOs

Nairobi, July 6 -- The Supreme Court has cleared the way for the hearing of a case challenging the appointment of chief executives at four state corporations over alleged ethnic marginalisation and di... और पढ़ें


MPs cap fees to sovereign wealth fund asset managers at 2 percent

Nairobi, July 6 -- The fee payable to external fund managers for managing assets under the planned Sovereign Wealth Fund (SWF) has been capped at two percent, in a bid to ensure prudent utilisation of... और पढ़ें


Court revives 'dead' firm to allow KRA collect Sh476m in taxes

Nairobi, July 6 -- The High Court has ordered the revival of a company that "died" six years ago to allow the Kenya Revenue Authority (KRA) pursue tax dues. The court directed the Registrar of Compan... और पढ़ें


Kenya's coffee sector must invest in the youth for its survival

Nairobi, July 6 -- Kenya produces some of the finest coffee in the world, but beneath the reputation is a sector under pressure. While climate change, competition and price volatility are significant ... और पढ़ें


CMA warns special funds on 'abnormal' returns promises

Nairobi, July 6 -- The Capital Markets Authority (CMA) has warned managers of the fast-growing special funds against unethical marketing, including advertising of high returns but failing to provide s... और पढ़ें


SGR line extension to Nairobi CBD to ease commuters' pain

Nairobi, July 6 -- The standard gauge railway (SGR) line is set be extended into the Nairobi central business district (CBD), closing a crucial last-mile gap that left thousands of commuters disadvant... और पढ़ें


Steel makers say 64 percent of output capacity remains idle

Nairobi, July 6 -- A big chunk of the country's installed steel production capacity remains idle despite rising demand driven by a construction boom, fuelled by the government's affordable housing pro... और पढ़ें


How oversupply of short stay rentals is shrinking investor profits in Kenya

Nairobi, July 6 -- Lennox Otieno founded Subleasing Kenya in 2023 when the short-term rental market was highly lucrative. He started with four short stay units, two in Nairobi and two in Mombasa, at a... और पढ़ें


Abdi Mohamed: Why I exited Absa

Nairobi, July 5 -- When the Business Daily exclusively broke the news of Abdi Mohamed's departure from his post as chief executive officer (CEO) of Absa Bank Kenya, the reaction from the financial and... और पढ़ें