Category: Business News

December 12, 2019 0

Kenyatta urges review of tax regime to foster compliance, safeguard SMEs

By mykenyancareers

NAIROBI, Kenya, Dec 12 – President Uhuru Kenyatta has directed all employer contributions and deductions from employees’ salaries be submitted to the Kenya Revenue Authority (KRA) through a unified system. The deductions, which include those of National Social Security Fund (NSSF), National Hospital Insurance Fund (NHIF) and Pay As You Earn, are to made through … Continue reading “Kenyatta urges review of tax regime to foster compliance, safeguard SMEs”

December 12, 2019 0

Kenyan financial institutions invited to invest in Barbados

By mykenyancareers

NAIROBI, Kenya, Dec 12 – A delegation of Kenyan financial sector representatives is set to visit Barbados in the next two weeks to explore business opportunities in the Caribbean.  The visit by the financial sector representatives is part of several agreements reached after discussions between President Uhuru Kenyatta and Prime Minister Mia Amor Mottley of … Continue reading “Kenyan financial institutions invited to invest in Barbados”

December 12, 2019 0

EABL unveils new logo

By mykenyancareers

NAIROBI, Kenya, Dec 12 – East African Breweries Limited has moved its corporate offices to new space at the Garden City Business Park, adjacent to its old offices, and unveiled a fresh corporate logo. The ceremony to open the new office and unveil the logo was presided over by Trade, Industry and Cooperatives Cabinet Secretary … Continue reading “EABL unveils new logo”

December 11, 2019 0

Liberty, Heritage win big in annual insurance awards

By mykenyancareers

NAIROBI, Kenya, Dec 11 – Liberty Life Kenya and Heritage Insurance Kenya dominated the insurance categories at the Think Business Insurance Awards, affirming its efficiency in insurance provision and valuable financial advisory services to Kenyans. With a total of 15 total awards, both Liberty Life and Heritage Kenya won the coveted overall Life Insurer of the … Continue reading “Liberty, Heritage win big in annual insurance awards”

December 11, 2019 0

KBL looks to Tusker Malt to deliver growth in 2020

By mykenyancareers

NAIROBI, Kenya, Dec 11 – Kenya Breweries Limited is banking on Tusker Malt to deliver growth in 2020, even as competition from local and foreign brands intensifies in the premium and super premium segments. Speaking during the re-launch of the beer brand, KBL Managing Director Jane Karuku says Tusker Malt contributed to the company’s strong … Continue reading “KBL looks to Tusker Malt to deliver growth in 2020”

December 11, 2019 0

M-Shwari loans hit Sh430bn since inception

By mykenyancareers

NAIROBI, Kenya, Dec 11 – The last 7 years has seen mobile lending service M-Shwari disburse loans amounting to over Sh430.5 billion with customers’ deposits of over Sh18.7 billion. Speaking during the app’s 7-year anniversary, NCBA Group Managing Director John Gachora said the app’s lock saving feature has attracted over 450,000 customers with the average … Continue reading “M-Shwari loans hit Sh430bn since inception”

December 11, 2019 0

US, Mexico, Canada finalize trade deal

By mykenyancareers

MEXICO CITY, Mexico, Dec 11 – The United States, Mexico and Canada signed a deal Tuesday to finalize their new trade agreement, paving the way to ratification after more than two years of arduous negotiations. However, the impeachment trial of President Donald Trump in the US Senate would likely delay Congressional ratification of the agreement … Continue reading “US, Mexico, Canada finalize trade deal”

December 11, 2019 0

Toyota Kenya bets on Suzuki’s growing interest to deliver double-digit performance

By mykenyancareers

NAIROBI, Kenya, Dec 11 – Toyota Kenya is betting on the growing interest in new vehicle models by the Kenyan consumer, for a double-digit year-on-year performance of the Suzuki vehicles that the automobile firm started selling earlier this year. Speaking during the handover of 18 Suzuki Ciaz’s to Apollo Tours, Toyota Kenya Managing Director Arvinder … Continue reading “Toyota Kenya bets on Suzuki’s growing interest to deliver double-digit performance”

December 11, 2019 0

Sanlam General Insurance rolls out Road Assistance services

By mykenyancareers

NAIROBI, Kenya, Dec 11 – Sanlam General Insurance has launched Sanlam Road Assistance a comprehensive private motor insurance service geared towards improving the experience of its motor insurance customers. The firm’s CEO Caroline Laichena says the service includes on spot accident assessment, free post-accident support, towing and an optional add on for courtesy car and … Continue reading “Sanlam General Insurance rolls out Road Assistance services”

December 11, 2019 0

Local tech firm Compulynx, unveils new identity as it embraces cloud, e-commerce solutions

By mykenyancareers

NAIROBI, Kenya, Dec 11 – Local tech firm Compulynx Limited has diversified its offerings to include cloud enabled applications and e-commerce solutions. According to the company, moving the applications to the cloud means consumers, for example retailers, cut on their costs and associated risks of having to purchase software and infrastructure beforehand, as a cloud-hosted … Continue reading “Local tech firm Compulynx, unveils new identity as it embraces cloud, e-commerce solutions”