Category: Economy&Finance
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Beekeeping is increasingly becoming a profitable agribusiness with low barriers to entry and high potential for expansion, thanks to the growing demand for honey and other bee products both locally and internationally. This industry presents a prime opportunity for Kenyans seeking a sustainable income-generating venture. Joreen Kinyua is among the investors cashing in from this…
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OKX Africa Launches WLFI Trade & Earn Campaign with $520,000+ in Rewards The WLFI Trade & Earn Campaign is now LIVE on OKX Africa, giving crypto traders and Web3 enthusiasts across the continent the chance to win a share of over $520,000 in rewards – including 300,000 $WLFI and 220,000 $USD1. Campaign Dates: September 1…
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Chamomile farming. PHOTO/COURTESY Chamomile farming is one of the most profitable crops that can be grown on a small piece of land. However, the crop remains unknown to many farmers despite its huge profits. The plant is grown for its flowers which contain nutrients that help in managing insomnia, anxiety, and digestive upsets. Its other…
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Billionaire industrialist Narendra Raval is seeking to mine iron ore from 7,600 acre Taita Taveta land. The businessman has applied for a license for the venture. This was revealed by the Cabinet Secretary for Mining Ali Hassan Joho through a gazette notice. In the gazette notice, CS Joho asked those who might be opposed to…
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Kiharu Member of Parliament Ndindi Nyoro stoked a debate with divergent opinions in one of his recent ‘investment’ addresses. This is after the member of parliament claimed that it does not make financial sense to invest your money building houses and apartments. “When you build a house anywhere, your utility as an investor of that…
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Tissue culture banana farming. PHOTO/COURTESY Tissue culture is a modern technology that is transforming agriculture across the globe. This technique is used to maintain or grow plant cells, tissues, or organs under sterile conditions. Farmers across the globe have discovered the trick of using the technique to maximize yields. Boaz Odemu Bulimu is one of…
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More than 5,000 vulnerable residents of Bungoma County have benefited from the distribution of productive assets under the USAID 4TheChild initiative, a program designed to empower households through education and income-generating activities. Speaking during the exercise at the County Headquarters, Governor Kenneth Lusaka commended USAID 4TheChild for its unwavering commitment to uplifting marginalized groups across…
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Kenyan homes are delivering investment returns unequaled globally. This is according to a Special Report launched on Tuesday 9th September, 2025 by HassConsult, which found the country has further widened its lead in 2025 compared with nine leading property markets globally. The study of property prices and rental yields – in Kenya, South Africa, the…
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Kenyans’ voluntary savings in the National Social Security Fund (NSSF) reduced considerably in 2024 as employees struggled with higher obligatory monthly contributions. Data by the Retirement Benefits Authority (RBA) shows that voluntary contributions dropped by 47 per cent, from KSh1.9 billion in 2023 to KSh1.01 billion in 2024. Employees typically pay a percentage of their…
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The Tax Appeals Tribunal has upheld a KSh 21.6 million assessment against Kirin Pipes Limited, ruling that the company failed to prove that millions in bank deposits were anything other than taxable income. The company maintained that classifying the disputed deposits as sales would unjustly result in double taxation, since the amounts had already been…