Category : Capital Business

Business / Capital Business - 18 hours ago

Britain to approve Huawei role in 5G network: reports

However a senior UK official last week strongly hinted at a green light for Huawei, while the Financial Times over the weekend reported that Johnson was Tuesday “expected to approve a restricted role”/AFP LONDON, United Kingdom, Jan 27 &#...

Business / Capital Business - 19 hours ago

Manufacturers urged to create global partnerships

Data provided by Kenya Association of Manufacturers say that partnerships between Kenyan and Japanese companies will be a key driver towards the achievement of the Big 4 Agenda and increasing the sector’s contribution to the GDP to 15 percent by 2022...

Business / Capital Business - 20 hours ago

German business confidence erodes in January

A monthly barometer from the Munich-based Ifo institute fell 0.4 points compared with December, to 95.9, well short of a consensus forecast from analysts surveyed by Factset/COURTESY FRANKFURT, Germany, Jan 27 – Confidence among business leader...

Business / Capital Business - 23 hours ago

Decline in global car sales continue, Kenya not left behind

In December 2019, the Association projected a drop of at least 8.5 percent compared to 2018, having sold 12,030 units only in the 11 months to November/COURTESY NAIROBI, Kenya, Jan 27 – The sale of new luxury vehicles in Kenya plunged deeper in...

Business / Capital Business - 1 day ago

Oil and equities sink over fears of economic impact of deadly virus

The move comes during the Lunar New Year holiday when hundreds of millions of people criss-cross the country and spend billions of dollars/AFP HONG KONG, China, Jan 27 – Fears over the global economic impact of a deadly new SARS-like virus sent...

Business / Capital Business - 1 day ago

Two Rivers hosts Chinese New Year celebrations in Kenya

The ten-day event has been organized by Two Rivers in partnership with the Chinese Embassy, Confucius Institute at the University of Nairobi and the Erdemann Chinese Culture Centre/COURTESY NAIROBI, Kenya, Jan 27 – Two Rivers will host the 2020...

Business / Capital Business - 1 day ago

Kenya tea export earnings down by 16.4pc

Kenya is a leading exporter of black tea, accounting for nearly 20% of total global exports and the same must be reflected in the farmers’ earnings. /FILE. NAIROBI, Kenya, Jan 27-Kenya’s tea export earnings dropped by 16.4 percent in 2019 contr...

Business / Capital Business - 1 day ago

China bans wild animal trade until viral outbreak eases

A policeman watching over a civet captured by a farmer in Wuhan, in central China’s Hubei province © AFP/File / STR Beijing, China, Jan 26 – China on Sunday ordered a temporary ban on the trade in wild animals as the country struggle...

Business / Capital Business - 2 days ago

Duale urges American companies to invest in Kenya’s Big Four agenda

Duale is a leading a Kenyan delegation to the US where they met Minesota Arttoney General Keith Ellisson. NAIROBI, Kenya, Jan 25-Majority Leader Aden Duale has encouraged American companies to consider investment opportunities under the government’s...

Business / Capital Business - 3 days ago

Taxpayers applying for tax compliance certificates to get them on spot

The automatic issuance of TCCs will however be subject to a clean tax record/FILE NAIROBI, Kenya, Jan 24 – Taxpayers applying for Tax Compliance Certificates (TCCs) on the Kenya Revenue Authority (KRA) iTax portal will now get the certificates...

Business / Capital Business - 3 days ago

UK ‘to decide on Huawei 5G next week’

There had been speculation that Britain would allow Huawei into “non-core” elements of the next-generation 5G mobile networks, such as antennae and base stations attached to masts and roofs/AFP LONDON, United Kingdom, Jan 24 – Brita...

Business / Capital Business - 3 days ago

Construction industry set for growth as pre-engineered building solutions take root, expert

Heycott said that the growing awareness of green buildings and the demand for single-story buildings are projected to drive the growth of the pre-engineered buildings market/COURTESY NAIROBI, Kenya, Jan 24 – Kenya’s construction industry is pro...

Business / Capital Business - 4 days ago

Jubilee Insurance to lay off staff as company splits

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Business / Capital Business - 4 days ago

Pesticide manufacturers want use of pesticides upheld for effective locust-control

The ban would push Kenya into near instant food insecurity, reduce the amount of food produced and expose Kenya to harmful pests that are not found elsewhere/FILE NAIROBI, Kenya, Jan 24–Pesticide manufacturers are urging the government to uphol...