BusinessDailyAfrica (211)

Nation Media sees better earnings in second half

NMG has restructured it's newsroom to serve all platforms seamlessly, with content provided online, in print media and broadcast.

CJ appoints judges to hear Nasa ballot tender case

Chief Justice David Maraga has appointed three judges to hear an application challenging the awarding of a ballot printing tender to a Dubai-based firm.

Before you reach 40

As we age, we are more prone to 'central obesity' where excess fat tends to be deposited in our midriff resulting in the development of a large belly.

Do-it-Yourself Restaurant

You get to pick separate items to dunk into your broths, including oyster mushrooms.

Selling Fine Furnishings from China

Ghazali Ahmed starts online business exporting home furnishings to Kenya.

Alchemist Bar Hosts the Best in Kenyan Jazz

The latest series to be launched is the Jazz Attitude which premiers this Sunday at the Alchemist in Westlands

Royal Feast at The Monarch

If you go as a group, the terrace area would be ideal as it is more spacious, with a live grilling station where you can watch the chef perform his culinary magic.

Painters Bring Animal Kingdom Indoors

Timothy has an entirely different take on Kenyan creatures from Drishti, a reality which seems perfectly reasonable given he's lived in Kenya practically all his life and Drishti just arrived the other day.

Presidential results at constituency level are final, court rules

Second highest court in the land makes landmark decision.

CBK approves licence for Peter Kenneth-linked Mayfair Bank

The bank is headquartered in Nairobi and will principally target the corporate market segment.

Mombasa's infrastructure boom sparks rise in property prices

Major infrastructural projects in Mombasa west have sparked a rush for property and led to an unprecedented rise in land prices.

Central Bank issues 48-week deadline to conclude Imperial Bank receivership

Imperial Bank was placed under receivership in 2015 over fraud.

Unilever shows innovation still intact with 'once-in-a-decade' laundry soap

The new detergent, whic is neither powder nor liquid, is a key test of the company's innovation

CBK cancels licence for Indian bank's Kenya office

The Central Bank of India, a commercial bank, was in 2013 awarded a licence to open a representative office in Nairobi

How politics, colonial scars and drought feed land conflicts in Laikipia

There are long-standing grievances over skewed land ownership

Big banks are Kenya's most expensive lenders

This means the cost of taking a Sh1 million loan at Victoria reflects pure interest payments at the current maximum lending rate of 14 per cent.

Stanbic, Nigerian lender biggest gainers of Sh14.1bn ARM cash

ARM has in recent years found itself in a financial tight spot as high loan repayments impeded its growth and saw the NSE-listed firm slide into loss-making territory.

It's Not Just a Piece of Juicy Steak

Diners eat large quantities of foods with cancer-causing agents or toxins without knowing.

CMA plans whistleblower rewards after portal snub

The Kenya Revenue Authority has also announced plans for an online integrity gathering system for whistleblowers to report tax cheats.

Nasa ballot suit tests IEBC plans

Nasa accuses President Kenyatta of having vested interests in the preparations for the elections.

Accounts of suspects in Sh4bn KRA theft frozen

The Assets Recovery Agency has obtained court orders freezing the accounts of individuals charged with stealing Sh3.9 billion from the KRA.

US firm cuts out parts of Nickelodeon kids cartoons from Kenya

Nickelodeon, the American production house that supplies pay-TV company MultiChoice with children's content, has suspended three of its cartoons said to glorify homosexuality from the Kenyan market.

Global drug firms sign deal to cut cost of cancer medicines in Kenya

Pfizer and Cipla, have signed a deal that will see Kenyans buy a range of up to 16 cancer drugs at half the market price.

Deacons takes Sh1.3bn loans above rate cap

Fashion retailer Deacons East Africa has taken a Sh1.3 billion debt at an interest rate of 21 per cent.

Low-cost schools chain sues Knut for defamation

Bridge International Academies Limited has sued Kenya National Union of Teachers and secretary-general Wilson Sossion for defamation.

StarTimes extends broadcasts to five more counties

Pay-TV firm StarTimes has expanded its services to five new counties as it seeks to deepen its reach in rural Kenya.

US wind firm row puts Swazuri on the spot

National Land Commission chairman Muhammad Swazuri has been put on the spot for awarding a local energy firm 3,000 acres of land.

Billionaire Kimani ups NMG stake to Sh348m

John Kibunga Kimani has acquired additional shares of Nation Media Group, raising his stake in the Nairobi Securities Exchange-listed firm to Sh348.6 million.

Boost for miraa farmers as Uhuru gives reforms team power to seek resources

Efforts to revive the miraa industry have moved a step farther after President Uhuru Kenyatta gave the reforms team authority to mobilise resources.

Property developers owe NCA Sh1.6bn after levies scrapped

Real estate developers owed National Construction Authority Sh1.6 billion in fees that are unlikely to be recovered.

Betting firms say Uhuru ill-advised on 35pc tax rise

Betting firms say President Uhuru Kenyatta was ill-advised in increasing gaming tax to 35 per cent of gross profits.

SGR passenger service in bus partnership for upcountry

Kenya Railways will create a bus station at Syokimau for SGR passengers headed to western Kenya.

BOOMSMA: Let's empower poor to win war against poverty

What they need is to be empowered and given the opportunity to work and earn their own living.

MUNENE: Address causes of livestock feed supply shortage

To understand where we are, we need to roll back to 2013, when we ushered in the new devolved government.

KISERO: Don't dismiss reports on KCB-NBK merger

The merged entity could create the largest bank in Kenya with assets of over Sh750 billion.

EDITORIAL: Rising poll tension worrying

With less than two months to go, the standoff over the Independent Electoral and Boundaries Commission's choice of ballot paper printer is headed back to the courts.

The First Black Boss

The Crowne Plaza Nairobi has its first black general manager.

EDITORIAL: Heed IMF warning on weak regulations of Islamic finance

The regulatory flexibility has brought into the formal financial system billions of shillings in assets that would either be circulating in the black market or flown to foreign jurisdictions.

Effect food policy to rein in Kenya's perennial hunger

A month ago, we observed a Cabinet secretary performing the light duties of maize inspection at the Mombasa port.

Why 11th Parliament was most disruptive for Kenyan banks

The first was the interest rate control vide the Banking Bill, 2015 passed on Wednesday, July 27th 2016.

Down memory lane: When Sh17 fuel took one from Nairobi to Namanga and back

During my days in secondary school in the 1960s and early 70s, it was quite easy to get a job in what was known as vacational employment'.

Shiro's Dubai posting leaves me in shock

It is that time of the year when  HR sends us many messages regarding our mid-year review.

I&M Bank aims to boost Kenya-Germany trade with new desk

I&M Bank has announced plans to set up a dedicated German desk at its key branches .

Joho claims unable to file tax returns, faults KRA for blocked PIN

Mombasa Governor Hassan Joho is unable to file his tax returns after his Kenya Revenue Authority Personal Identification Number was blocked.

Chief Justice Maraga: Pending cases won't derail Aug 8 election date

Maraga says courts will handle all petitions in accordance with the law but will consider election date.

Uganda's first oil 'may not' flow by 2020

Ugandan government has insisted that oil will be delivered by 2020 even with infrastructure gaps.

Community cooker helps clean up choking Lake Naivasha

A group of young Kenyans have been harvesting plastic waste from the lake and burning it to power a community cooker.

Diageo to buy George Clooney's tequila brand Casamigos for up to Sh100 billion

The deal comes two weeks after Pernod Ricard took a stake in mezcal maker Del Maguey, and highlights the opportunity companies see in Mexico's native spirits.

Customs agents fret over possible blacklisting after KRA vetting

Clearing and forwarding agents accuse KRA of secrecy in licensing.

Banks launch website for consumers to compare loan costs

A website allowing prospective borrowers to compare the cost of credit by various Kenyan banks has been launched.