Category: Business
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A wave of astonishment is sweeping through Murang’a’s business community following the dramatic reversal of fortunes for a hardware trader in Kangema, attributed to an unconventional intervention by a local traditional healer. The businessman, who has chosen to remain anonymous, was reportedly on the brink of financial ruin. For years, his well-established hardware store was…
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Photo of MV Van Melody, carrying bulk cargo, Lamu Port has recorded a historic breakthrough with the docking of its first conventional cargo vessel. (Handout) Lamu Port has recorded a historic breakthrough with the docking of its first conventional cargo vessel, MV Van Melody, carrying break-bulk cargo. The vessel, operated by Oceanfront East Africa Limited,…
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Containers being offloaded at the port of Mombasa. (Photo: Kenya Ports Authority) Kenya is losing not less than Sh79 billion every year due to the undervaluation of imports, a new report has revealed. The National Taxpayers Association (NTA) study reveals that goods imported into the country are routinely undervalued, with declared figures falling below the…
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Kenya Revenue Authority (KRA) has held a Citizen Assembly in Nakuru County, bringing together entrepreneurs, business owners and community representatives for a public conversation on tax administration and service delivery. The forum is part of KRA’s nationwide stakeholder engagement programme designed to promote open dialogue, constructive feedback and inform service improvements. Speaking during the forum,…
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Nakuru is known for some funny names of Estates such as Mzee Wanyama, Kisulisuli, Abongoloya just to mention but a few. However, famousnakuru.co.ke has established another estate with a unique name. This is none other than Jodys Estate just past Pipeline on your way to Mzee Wanyama. The estate found in Nakuru East Ward, according…
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The famous Twin Towers, headquarters of the Nation Media Group, in Nairobi. /FACEBOOK The Aga Khan is preparing to offload his controlling stake in the Nation Media Group (NMG) after the Capital Markets Authority (CMA) approved NPRT Holdings Africa Limited to move forward with the deal. In a notice issued on Thursday, September 18, 2025,…
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Investors aboard a tractor at Jambo Farming Company in DRC Agriculture in the Democratic Republic of Congo (DRC) is emerging as a sector brimming with untapped potential, offering lucrative opportunities for investors. Delegates attending the ongoing five-day trade mission to the DRC, organized by Equity Group, were captivated by the scale and efficiency of large-scale…
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An AI-generated image of the Kenya Digital Coin. /CHATGPT.VIRAL TEA KE Kenya is gearing up to roll out a national digital coin, a move that could position it as a leader in Africa’s fintech transformation. In a video shared on his official social media pages on Thursday, September 18, former Prime Minister Raila Odinga unveiled…
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The County Government of Mombasa in collaboration with the Ministry of Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) Development has invited business owners to the Kenya Public-Private Sector MSMEs Dialogue & MSMEs Connect. This high-profile forum, themed Empowering MSMEs to unlock Blue Economy Opportunities will take place on Tuesday, September 9, 2025, at Tononoka…
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Edward Claessen- Head of European Investment Bank Regional Hub For East Africa. Small and Medium Enterprises (SMEs) are the backbone of Kenya’s economy, contributing nearly 40 percent of GDP and employing over 80 percent of the private sector workforce. Despite their crucial role, many SMEs have been locked out of funding, a challenge that has…