The Central Bank of Kenya (CBK) will start controlling the interest rates of mobile digital loans and ban lenders who share personal data of defaulters under a new law that seeks to protect Kenyan borrowers from predatory lending.
President Uhuru Kenyatta on Tuesday signed into law the Cen…
Naivas to open two new outlets in Malindi and Nairobi this week
Naivas Supermarket is set to open three branches this month as it acquires space in outlets vacated by struggling retailers in the race to cement its market leadership.
The first outlet will be opened tomorrow (Thursday) at Oasis Mall in Malindi in a store previously occupied…
Private sector jobs growth hits 2-year high in November
Kenya’s private sector hiring increased in November, growing fastest in two years, pointing to increased workload after lifting the 18-month night-time curfew imposed to contain the spread of Covid-19.
A monthly survey, based on feedback from about 400 corporate managers, suggested that co…
Pesticides the hidden killer in Kenyans’ food
The annual incidence of cancer in Kenya rose from 37,000 to 47,884 new cases per year between 2012 and 2018, according to the Kenya Cancer Policy 2019-2030. In the same period, yearly cancer deaths rose from 28,500 in 2012 to 32,987 in 2018 — the four deaths per hour making cancer the third …
Naivas in family feud over Sh6bn stake sale
Naivas Supermarkets is locked in a fresh family feud over ownership of the giant retailer and proceeds from the sale of a minority stake to a consortium of investors for Sh6 billion.
Newton Kagiri Mukuha, the eldest of the three brothers who since 2012 have been fighting a bruising battle …
HR issues raised when staff work from home
Human resource is an important pillar of any business. As many leading entrepreneurs have noted, having the right staff is a key part of business success. Human resource has several components to it.
First, it is a resource that is people-centric. In this case, the staff members are consid…
Jal Records New Album in Nairobi
The globally renowned Canadian- South Sudanese artist Emmanuel Jal, has performed on some of the biggest music stages in the world but his new album has brought him back to the traditional roots of African music.
“We are bringing the village into contemporary music,” he says, during an int…
Taxman seeks fresh hearing of Sh5.6bn row with Coca-Cola
Kenya Revenue Authority (KRA) has gone back to the Supreme Court seeking a fresh hearing of a Sh5.6 billion tax dispute with Coca-Cola over the law that requires the soft drink maker to pay excise duty on costs incurred during washing and sanitising of returned bottles.
Four local Coca-Col…
National Assembly clerk dragged into Anglo Leasing case
A court has summoned the Clerk of the National Assembly to confirm the authenticity of a document that suspects in one of the Anglo Leasing-type scandals are using to defend themselves.
Mr Michael Sialai will testify on the letter dated December 19, 2006, by the Office of the Clerk to the …
Kenya Power to connect rural homes with Internet
Loss-making Kenya Power plans to connect millions of its customers in rural homes with high-speed Internet as part of a fresh plan to capitalise on burgeoning mobile data usage in the country and grow new revenue streams.
This is a step up by the electricity distributor, which has been lea…