In July 2021, financial analysis by EFG Hermes showed that Kenyans are the poorest savers in East Africa. The analysis established that the saving rate of Kenyans is also below the African continent’s average of 17 per cent.
Kenyans’ saving rate stands at 12...
The number of Kenyans who are graduating from universities and technical colleges is not equal to the number of available job vacancies in the market.
According to the United Nations Development Programme (UNDP), Kenya has one of the highest unemployment...
My name is Simon Chege: I am a married father of one. My Baba Mboga business is located in Kiganjo market and Múti-múmú in Kiganjo sub-location, Kiambu County.
I have not always been in the Baba Mboga sector. I was...
The Kenya Revenue Authority (KRA) has reassured stakeholders in the private sector of continued facilitation to eradicate bottlenecks and create a more conducive environment for business.
Speaking during the Ninth Tax Round Table meeting with members of the Kenya Private...
The persistent fall of the local currency has forced some landlords in Kenya's major cities to start demanding for rent in US dollars.
This is after the local currency crashed to lows of Sh. 134 to Sh. 135 against the...
Following the murder of Somali-American businessman Bashir Mohammed nearly two years ago in 2021, revelations showed that he was abducted around Kilimani area and tortured for about three days.
This was the latest incident to be executed within Kilimani.
In 2020,...
LG Electronics (LG) affirmed its lead position in the electronics by taking home the highest number of awards and recognition ever during the CES 2023 Innovation Awards.
The awards came as the global electronics powerhouse moves to include sustainability and...
Former Prime Minister and ODM leader Raila Odinga has waded into ongoing taxation row between the government and the Kenyatta family.
According to the ODM party leader, it is wrong for the government of President William Ruto to demand for...
Equity Bank Group has written an open letter to Kenyans regarding banking fraud that has been getting reported by its customers. Below is the full letter as penned by the bank:
"Dear Customers,
We have taken note of your concerns and...
The NCBA Bank has said that it is willing and ready to pay a multi-million tax waiver it got under the government of former president Uhuru Kenyatta.
According to NCBA chief executive officer John Gachora, the bank will wire a...