Brokerage firm EFG Hermes Kenya has launched an online equity-trading portal, EFG Hermes One. The platform…
Category: Business News in Kenya
Newly licensed coffee firms locked out of NCE on glitch
The five coffee traders issued with the licences by the Capital Markets Authority (CMA) will not…
City Hall eyes more revenue, to expand tax net
The Nairobi county government will institute legal action against business owners who fail to pay levies,…
Kenya loses Sh400 million in taxes daily to illicit trade, new Cofek survey reveals
A survey report released by the Consumer Federation of Kenya (Cofek) has revealed that the country loses over Sh400 million in taxes daily through the sale of counterfeit or smuggled…
Not any soon: Norfolk hotel does not show signs of reopening its doors a year later
The iconic Fairmont Norfolk Hotel in Nairobi, which closed its doors last year and sacked all…
World Bank jobs warning as 1m Kenyans seek jobs annually
The World Bank has sounded the alarm on a potential jobs crisis in the country as…
Court bars DCI, Capital Markets Authority from probing, suing Cytonn
The High Court in Nairobi has barred the Capital Markets Authority (CMA) from probing or suing…
Kenyans to pay more for internet, calls
Kenyans will from July 1, 2021, pay more for internet and calls if a proposed amendment…
‘Poverty’ to blame for worn out bank notes, says senator
The Central Bank of Kenya (CBK) has blamed “bad handling habits of notes” for worn-out new-generation…
IMF gives Kenya tough conditions for new loan facility
The International Monetary Fund’s (IMF) ultimatum that Kenya reveals the Covid-19 millionaires is just one of…