Ailing Cabinet Secretary Raphael Tuju's firm has been placed under receivership. Dari Limited, which is based in Karen, was placed under receivership over a Sh. 1.6 billion debt that the cabinet minister owes the East African Development Bank, EADB.
The...
Import Duty Financing: The Co-operative Bank has launched the Import Duty Finance to the rapidly evolving Micro, Small & Medium-sized Enterprises (MSMEs) in Kenya. This comes as the bank commits to remain innovative in offering relevant services in the...
Teachers' Salaries: The Salaries and Remuneration Commission (SRC) is facing off with the Teachers Service Commission over teachers' salaries.
Specifically, the SRC has waded into the row between teachers and their employer over the issue of two payrolls that have been...
New York Stock Exchange-listed agricultural company Corteva Agriscience has exited Kenya for Zambia. The firm has dumped Nairobi for its seed production business and instead opted for Lusaka, barely five months after setting base in Kenya.
According to a statement...
NSE Nairobi: The Nairobi Securities Exchange's main index dropped to a 16-year low on Friday.
This came as foreign investors withdrew their investments amid turmoil in the global markets over the coronavirus outbreak that is wrecking havoc across the globe....
TSC Act: BY NEWSPOA MEDIA: Education Cabinet Secretary George Magoha wants Parliament to review section 11 (e) and (2) of the TSC Act to provide for mechanisms through which his Ministry can relate with teachers.
Magoha argues that MPs should...
TSC Fresh Teachers Registration: First Reported By The Standard: The Teachers Service Commission (TSC) is planning to register all teachers afresh in a countrywide process that kicks off next week. Documents indicate that all teachers will undergo fresh head...
Jeremy Awori Salary: Absa (formerly Barclays Bank of Kenya) chief executive officer Jeremy Awori’ annual salary has hit the Sh. 100 million. The salary jumped by 12.9 per cent to hit Sh. 101. 1 million in the financial year...
China Flights to Kenya: The staff member at Kenya Airways who exposed the arrival and poor handling of passengers from China has been suspended.
The employee identified as Gire Ali was suspended by KQ for apparently exposing poor handling and...
Importing a Car From Japan: Most Kenyans looking to import vehicles directly from Japan, Europe or Thailand inevitably face the big dilemma of spotting and getting the right import agent.
This is because the vehicle importation field has it share...
