THE Zanzibar’s Second Vice-President Hemed Suleiman Abdulla has urged adults, in marriage to avoid divorces as it contributes to increasing number of street children.
Tuesday, January 31, 2023
Royal Tour pushes Uchumi profit nine times
KILIMANJARO-BASED Uchumi Commercial Bank (UCB)’s net profit has jumped up almost nine times, thanks to a notable influx of tourists last year.
EABC urges members to fast-track review of SMEs charter
THE East African Business Council (EABC) has urged East African Community (EAC) member states to fast-track the review of the Small and Medium-sized Enterprises (SMEs) charter to empower women and youth entrepreneurs.
Ramani’s billion dollar vision
Lucy Tomeka
Summary
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As two brothers and their best friend have been
able to prove, a functioning community is key to any type of growth
For many of us, growing up, we heard that businessmen do so well for themselves and as a
Mo Dewji cements position as East Africa's top billionaire
Summary
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With a net worth of $1.5 billion the
philanthropist and sports enthusiast remains the only dollar billionaire in
East Africa in the latest Forbes rich list
Dar es Salaam. Tanzanian businessman Mohamed Dewji has climbed two places in the
Tanesco allays fears of power rationing in February
Summary
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Efforts have been made to ensure the situation
remains under control to enable power users to go on with their daily economic
activities.
Dar es Salaam. Tanzania Electric Supply Company Limited (Tanesco), has dispelled fears of
Teacher turns social media pages into cultural classroom
Ms Jamila Hamisi Kizondo, a Kenyan at her home in Washington DC where she teaches, and promotes Swahili Culture and traditions. FILE PHOTO | POOL
When she left the country a few years ago and moved to Dubai, Jamila Kizondo noted with dismay that more often other migrants from Africa soon forgot their culture and traditions.
African prosecutors meet in Mombasa
President William Ruto arrives at the 16th Annual General Meeting and Conference of Africa Prosecutors' Association at Sarova Whitesands in Mombasa on January 30, 2023. PHOTO | POOL
President William Ruto on Monday officially opened the Africa prosecutor's Annual General Meeting (AGM) and conference, which brings together prosecutors across the continent under the Africa Prosecutor's Association (APA).
Folly of going for ex-presidents’ heads
Reports that the Kenya Kwanza administration has, through the Kenya Revenue Authority, placed taxed demands on both Moi and Kenyatta families in relation to their wealth is hardly surprising. FILE PHOTO | SHUTTERSTOCK
Reports that the Kenya Kwanza administration has, through the Kenya Revenue Authority, placed taxed demands on both Moi and Kenyatta families in relation to
Corporate bonds trade rallies on increased supply
Capital Markets Authority (CMA) CEO Wycliffe Shamiah during the Capital Markets Soundness Report media briefing at the authority's offices on January 30, 2023. PHOTO | DIANA NGILA | NMG
Secondary market trading on corporate bonds picked up in the fourth quarter of last year, reflecting the improved supply of issuances in the market and sales by
Why you should invest in collective investment schemes
If you are risk averse or would like to create wealth using a safe approach cognizant of the current macro-economic factors, then the Collective Investment Scheme is the product for you. PHOTO | SHUTTERSTOCK
The financial system offers a wide range of financial services and products accessible to more Kenyans in a wider geographical coverage. This is where Collective
The role of capital markets in supporting sustainable investments
Transitioning to a green economy will be at the heart of sustainable growth and shared prosperity for our citizens. PHOTO | SHUTTERSTOCK
The increase in the threat of climate change raises the urgency of commitment to climate transition, including the important role of global financial markets to align investment.
How investors are protected in Kenya’s capital markets
Stockmarket. The Capital Markets Authority has leveraged technology in order to disseminate information on capital markets to the public. PHOTO | SHUTTERSTOCK
As a rule of thumb those who save more become wealthier because foregoing consumption today allows one to invest in the future.
Digital lenders, telcos, brewers lose tax fight against new excise duty
Times Tower in Nairobi, the headquarters of Kenya Revenue Authority. FILE PHOTO | DENNIS ONSONGO | NMG
Consumers will pay the new excise taxes on SIM cards, beer and mobile phones after the High Court dismissed several petitions challenging the Finance Act that came into effect last July.
Konza city marketing head to lead investment authority
Trade Cabinet Secretary Moses Kuria during a press conference on January 24, 2023. PHOTO | DIANA NGILA | NMG
Trade Cabinet Secretary Moses Kuria has tapped Konza Technopolis Development Authority marketing head June Chepkemei as managing director of the Kenya Investment Authority on an acting basis.
Higher sales drive Isuzu market share up to 45pc
48 Isuzu Dmax Double Cabin pickups to be issued to Deputy County Commissioners at the automobile manufacturer along Mombasa Road on May 16, 2022, before their flag off. PHOTO | DIANA NGILA | NMG
Isuzu East Africa raised its market share to a new record of 44.7 percent in the year ended December 2022 after growing sales amid an overall slump in the new vehicle industry.