Business & Financial News

Latest News

Personal Finance

More Top Stories

Kenya: More than 2.5m file 2017 Tax Returns

More than 2.5 Million taxpayers have filed their 2017 income tax returns on the iTax platform, with less than two days left before the exercise officially comes to a close on Saturday 30th June, 2018. This is a significant improvement…

Kenya: Major global hotel brands lined up for opening

The 2018 Pipeline report released by W Hospitality Group shows the 20 facilities are expected to add 3,444 hotel rooms between now and 2023. At least 14 of the hotels are scheduled for opening by next year. The Best Western Group tops…

Cytonn secures Kes2.1Bn funding from Finnish firm

This will be the fourth time the Finnish firm will be investing with Cytonn Investments, having already committed over KES 3.0 Bn towards projects and investments with Cytonn, and having already successfully exited from two other…

PRIDEINN ACQUIRES FLAMINGO BEACH RESORT

Local hotel chain PrideInn has officially opened a new branch in Shanzu, North Coast of Mombasa. This is its 8th branch since the hotel began its operations in 2012. The 137 rooms Flamingo by PrideInn Beach Resort and SPA comes…

African borrowing getting smarter

For many this will come as a shock. Only last year the bank projected a figure of $90bn – almost half. As Africa’s population booms – Nigeria for example will be the world’s third most populous county by 2050 – the need for robust…

Uganda’s NSSF under fire

Uganda's National Social Security Fund, Uganda's NSSF  under firehas come under criticism for contributing little to the economy and poor product innovation. This is despite the fund growing its assets to Ush9.6 trillion ($2.5 billion) from…

ETIHAD cut losses to US$1.52Bn in 2017

Etihad Airways improved its core operating performance by 22 percent in 2017, despite facing challenges including significant fuel cost increases, the entry into administration of its equity partners Alitalia and airberlin, and initial…

Recent Posts

Newsletter

Powered by MailChimp

Market Media