Category: Business
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The Salaries and Remuneration Commission (SRC) projects a sharp fall in counties’ wage-bill-to-revenue ratio to 35.38 per cent in the third quarter of the 2024/2025 financial year, down from 43.34 per cent in the previous quarter. The national government’s ratio is also expected to drop to 26.46 per cent from 28.02 per cent over the…
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Ethiopia has inaugurated its colossal Grand Ethiopian Renaissance Dam (GERD) on the Blue Nile, a milestone that has drawn concern from Egypt and Sudan. Stay ahead of the news! Click ‘Yes, Thanks’ to receive breaking stories and exclusive updates directly to your device. Be the first to know what’s happening.
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Remittances from Australia to Kenya Up by 48% to sh14.58 Billion Remittances from Kenyans living in Australia surged by an impressive 48 percent in the first half of 2025, reaching Sh14.58 billion, according to new data from the Central Bank of Kenya (CBK). This sharp rise has seen Australia leapfrog Saudi Arabia and Germany to…
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The Homes Expo 2025 over the weekend brought together leaders, innovators, and stakeholders to shape the future of housing and real estate in Uganda. The event, themed “Access to Quality Living and a Pathway to a Green Future”, highlighted new trends, technologies, and opportunities driving the property sector. Dr. Edwin Musiime, Chairman of the Homes…
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My name is John Mugisha, and I come from Mbarara District in Western Uganda. For many years, I lived a life filled with disappointment. Every time I thought I had finally found a breakthrough, things would collapse right before my eyes. I worked hard, applied for jobs, tried different businesses, and even joined groups to…
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Just last month, Bonnie Kamau, a father of three, experienced a moment that changed his life forever when he won KES 424 million in the SportPesa Mega Jackp0t. Speaking to a local news outlet, Bonnie credited his life-changing win to a predicti0n service called FutaaPredict. Before he came across the platform, Bonnie had been an enthusiastic b’ett0r, but most…
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For many years, life was a heavy burden for Joel, a middle-aged man from Mukono, Uganda. He worked as a caretaker of small rental units in the town, collecting monthly payments for landlords and cleaning the compounds to earn a small wage. His job barely sustained him, and at times, he could not provide enough…
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Small and medium enterprises (SME) contribute significantly to job creation, economic growth and development. They boost innovation and competitiveness, and harness the entrepreneurial spirit of Kenyans. Over 7.4 million SMEs employ 14.9 million people in various sectors, proving just how important small businesses are to the national economy. Therefore, the revelation that SMEs are facing…
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Kirin Pipes Ltd. PHOTO/FACEBOOK When Can KRA Tax All Your Bank Deposits? Lessons from the Kirin Pipes Case A recent ruling by the Tax Appeals Tribunal in the case of Kirin Pipes Limited vs Kenya Revenue Authority (KRA) has sent shockwaves across Kenya’s business community. The judgement clarifies under what circumstances KRA can deem every…
