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Business news highlights

Global tax gets boost as holdouts relent

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Nation | by AFP Budapest,  A global push to enact a minimum international tax on big corporations moved closer to reality on Friday as one of...

Business uncertainty for Cytonn investors as court appoints administrator

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The Standard | by Kamau Muthoni The High Court has appointed an administrator for two struggling Cytonn Group Investment funds. Justice Alfred Mabeya appointed Kereto Marima to...

Pharmacists read malice in proposed Bill to regulate their practice

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Nation | by Francis Mureithi The delay in the full implementation of the ambitious Universal Health Coverage (UHC) may be the reason behind the push...

Centum shuts down services unit, lays off staff

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Business Daily | by Brian Ngugi Centum Investment Group has shut down its shared services division as part of its cost-cutting plan, which will see staff...
safaricom plc

Safaricom to pay ex-staff Sh7.2m for wrongful dismissal

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Nation | by Benson Wambugu The Employment and Labour Relations Court has awarded two former Safaricom senior managers Sh7.2 million for wrongful dismissal. Justice James Rika...
double stack train cargo, standard gauge railway, sgr

Truckers want State to reverse SGR cargo order

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The Standard | by Philip Mwakio Kenya Association of Road Transporters (KTA) has urged the government to put in place fair and impartial solutions in...

Small towns rev up growth of local taxi-hailing brands

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Business Daily | by Otiato Guguyu As customers and drivers clog their phones with multiple taxi-hailing applications in Nairobi, smaller towns are offering room for...

Google to invest $1 billion in Africa

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Nation | by Faustine Ngila Tech giant Google has announced that it will invest $1 billion (Sh110 billion) in Africa's innovation journey over the next...