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Business news highlights

State to streamline micro and small enterprises

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The Standard | by Graham Kajilwa The government will register five million micro and small business persons under the relevant State agency in the next one year...

StanChart Q3 net profit jumps to Sh6.4bn

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Business Daily | by Elizabeth Kivuva Standard Chartered Bank Kenya has reported a 46.7 percent jump in net profit for the nine months to September,...
nairobi city county

Nairobi satellite towns land prices rise at fastest pace

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Business Daily | by Otiato Guguyu Land prices in Nairobi's satellite towns increased at the fastest pace in more than two years on-demand from developers...

Parastatals remit Sh50b to State as recovery picks up pace aga

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People Daily | by Anthony Mwangi State corporations remittances to the National Treasury during the 2020/2021 financial year increased by Sh37.3 billion, a report tabled...
kenya revenue authority kra, taxation, tax, revenue collection

KRA blacklists 20 clearing and forwarding agents

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Business Daily | by Bonface Otieno The Kenya Revenue Authority (KRA) has flagged the operations of 20 clearing and forwarding agents based at the Port...
kq, kenya airways, national aviation management bill

KQ adds Ethiopia flights as workers flee Tigray fight

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Business Daily | by Gerald Andae Kenya Airways has increased scheduled flights to Ethiopia from three to seven a week as high demand for passengers...
kenya power electricity lines

State blocks Kenya Power from hiring McKinsey as adviser

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Business Daily | by Edwin Mutai The government shot down a proposal by Kenya Power to single-source three international legal and consultancy firms the utility...
safaricom house

Safaricom debt rises five times to Sh76bn

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Business Daily | by Victor Juma Safaricom’s bank borrowings rose to a record Sh76.9 billion in the half-year ended September as the telco raised funds...