Pricing hitch stalls KAA sale of 101 abandoned aircraft
Business Daily | by Bonface Otieno
A pricing hitch has stalled the auction of 101 aircraft abandoned at various airports countrywide aimed at clearing rising...
Container freight station launched in Nairobi Central Railway terminal
Business Daily |
Small-scale traders who consolidate their imported cargo will now be able to clear the goods individually at the Nairobi Railway Station, eliminating...
Safaricom taps Sh24bn loans as virus cuts profit
Business Daily | by Victor Juma
Safaricom borrowed additional short-term bank loans amounting to Sh24.7 billion in the half year ended September when its net...
Wealthy Kenyans block KRA from Sh200bn tax collection
Business Daily | by John Mutua
Wealthy Kenyans and firms have denied the Kenya Revenue Authority (KRA) more than Sh200 billion after challenging demands for...
Absa loses 8-year royalty tax battle against KRA
Business Daily | by Sam Kiplagat
Absa Bank has lost an eight-year battle with the Kenya Revenue Authority (KRA) over a share of billions of...
Safaricom profit drops 6pc to Sh33bn on free M-Pesa transactions
Business Daily | by Patrick Alushula
Safaricom half-year net profit fell six percent to Sh33.07 billion with M-Pesa revenue dropping the most on account of free...
Kenya Power posts first loss in 17 years
Business Daily | by Patrick Alushula
Kenya Power has posted the first loss in 17 years, turning the spotlight on the push by the utility...
Ukunda, Kisumu fares up on weekend air travel demand
Business Daily | by Gerald Andae
Flight tickets to South Coast and Kisumu have gone up significantly since the resumption of domestic flights in July,...
