Kenyans filing tax returns at Kenya Revenue Authority, iTax Support Centre at Railways, Nairobi, on June 30. Data from the Treasury indicates that tax collection for April dropped by Sh20 billion due to the impacts of the pandemic on the economy. PHOTO | DENNIS ONSONGO | NATION MEDIA GROUP Kenya’s economy is projected to take […]
Stock Market DESPITE a 41 percent reduction of the weekly equity turnover, activities on the market are still higher than most recent weeks before the last. Pre-arranged block transactions still account for a major share of activities, on a few large counters. Equity turnover realized during the week totals to TZS 3.36bln ($1.46mln) compared to […]
For these women, getting a seat at the top of the decision-making table has not been an easy ride. More by this Author By KAMAU MAICHUHIE More by this Author Thursday July 09 2020 Women representation in high-level leadership positions remains critically low in Kenya, even within international organisations that shape global dialogue. The country […]
The top gainer of the day on Monday at the Nairobi Securities Exchange (NSE) was Standard Group with 9.79 percent at the price of 24.10 shillings per share. Kenya Re-Insurance was the second top gainer of the day with 9.00 percent at the price of 2.18 shillings per share followed by Uchumi Supermarket with 5.71 […]
Kenyan companies have been the most adventurous, with their cross-border advances returning a mixed bag of fortunes. Efforts to harmonise taxes, creation of one-stop border points, common investments in infrastructure projects and other initiatives have turned the EAC into a fertile expansion territory. The 150 million people strong EAC Common Market has opened a window […]
Some of the Kenya Private Schools Association members during their annual conference in Mombasa in April 2019. PHOTO | FILE | NATION MEDIA GROUP The closure will force parents into the unenviable arduous task of searching for alternative schools for their children. The ten-month closure will destroy careers and have a huge impact on families. […]
Companies such as Equity Holdings have extended their reach into other East African member states including Uganda. PHOTO | FILE The 150 million people strong EAC Common Market has opened a window for cross-border expansion, nurturing homegrown multinationals that now straddle the region. Kenyan companies have been the most adventurous, with their cross-border advances returning […]
The 150 million people strong EAC Common Market has opened a window for cross-border expansion, nurturing homegrown multinationals that now straddle the region. Kenyan companies have been the most adventurous, with their cross-border advances returning a mixed bag of fortunes. Some firms have recorded huge successes while others have rued the decision to venture outside […]
Two more companies are in the process of joining the Rwanda Stock Exchange (RSE) currently hosting nine companies, five of which are cross-listed. RSE chief executive Celestin Rwabukumba told The EastAfrican that the approval process for the local firms from the industrial sector to sell shares to the public is at an advanced stage. South […]
Stock Market INDICES had mixed signals during the week that ended on 10th July 2020, as the Tanzania Share Index (TSI) climbed while the All Share Index (DSEI) followed an opposite path. The TSI gained 4.97 points following a gain on the CRDB counter. The TSI closed the week at 3,466.81 points after a 0.14 […]
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