Last week, the Capital Markets Authority (CMA) approved the issuance of the first Sukuk bond in…
Category: Business
Nairobi climbs 13 places on cheapest cities for expats list
The weakening of the Kenyan shilling against major global currencies has lifted the salaries of expatriates…
Customers outcry over Kenya port ‘illegal’ levies
Mombasa harbour customers cry foul over ‘illegal’ levies. Mombasa port users are worried that rampant flouting…
Mega project financiers face tax break suspension
The Treasury has hinted at a suspension of tax waivers on the interest income earned by…
Nation’s First Private Passenger Train In 100 Years Prepares To Link Miami And Orlando
Florida’s Brightline rail service will start ferrying passengers at top speeds of 125 mph on Friday.…
Sam Bankman-Fried’s Parents Siphoned Millions From FTX Before Collapse, Suit Alleges
Barbara Fried and Joe Bankman allegedly used their “access and influence within the FTX enterprise to…
Kenya targets Chinese imports in new tax evasion crackdown
Chinese imports are set for tighter scrutiny as President William Ruto’s government intensifies a purge on…
Puzzle of Kenyan startups in trouble after Sh34bn funding
At least eight Kenya-born tech start-ups have closed down in the past two years while a…
Google’s antitrust showdown: What’s at stake for the internet search titan
Google will face off in court Tuesday against government officials who have accused the company of…
Apple lost $200 billion in two days after reports of iPhone ban in China
Shares of Apple fell by 2.9% on Thursday following reports that China plans to expand a ban…