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Name change costs Peptang maker tax fight with KRA

Nairobi, Oct. 13 -- Premier Foods Limited, the maker of Peptang sauces, jams and juices, has lost a Sh180.8 million tax fight with the Kenya Revenue Authority (KRA) after it failed to update records t... Read More


CMA seeks risk ratings of 320 money market funds

Nairobi, Oct. 13 -- The Capital Markets Authority (CMA) is working on proposals for unit trusts such as money market funds to obtain an investment rating, providing investors with a risk profile of th... Read More


China's CRBC bags Sh3.2bn deal to upgrade Old Mombasa Road

Nairobi, Oct. 13 -- China Road and Bridge Corporation (CRBC), a major state-owned engineering and construction firm in China, has been awarded a Sh3.22 billion contract to upgrade the seven-kilometre ... Read More


State seeks to extend VAT relief on fuel to mid-December

Nairobi, Oct. 13 -- The State is seeking to extend the eight percent Value Added Tax (VAT) on diesel, petrol and kerosene from today to mid-December this year to cushion consumers from costly fuel ami... Read More


Kenya's economy to grow slightly faster in 2027 on lower inflation

Nairobi, Oct. 13 -- Kenya's economy is projected to grow slightly faster and record slower inflation in 2027, offering a more stable setting ahead of the General Election than the country experienced ... Read More


Kenyans learning German up 95pc with eye on jobs, business abroad

Nairobi, Oct. 13 -- A few years ago, learning German did not attract the same level of interest as it does now. Kenyans now consider the language when looking to improve their career prospects, pursue... Read More


Ex-banker turns immigrant woes into thriving UK career

Nairobi, Oct. 13 -- When Linet Ambani moved from Kenya to the UK in 2022, she expected to pursue a Master's degree. Instead, her early experiences as a newcomer exposed her to a problem that would eve... Read More


Telangana advocate dies at Medicover Hospital after kidney stone treatment, family alleges negligence

India, Oct. 13 -- A 26-year-old advocate died at Medicover Hospital days after she was admitted for treatment of a kidney stone, and her family has alleged medical negligence. Aishwarya was admitted ... Read More


Telangana announces 34% profit share for Singareni employees, Rs 1.53 lakh bonus

India, Oct. 13 -- The Telangana government has announced a 34 per cent profit share for Singareni Collieries Company employees, with each permanent worker set to receive a bonus of Rs 1.53 lakh and co... Read More


Focus on funding as energy transition push builds up

Nairobi, Oct. 13 -- The push for universal access to electricity has intensified with a new focus on clean, renewable sources like solar, wind, and hydropower to reach net-zero carbon emissions. Publ... Read More