Business Daily
WEBBusiness Daily Africa is a leading source of news and analysis on Kenya's economy, markets and business. Find out the latest on state dividend income, VAT collections, shilling performance ...
Flame Tree slumps to Sh91m loss on high debt service costs
WEBAug 27, 2024 — Flame Tree is now pursuing a debt restructuring exercise to manage the high costs that have constrained its cash flows and limited investment opportunities.
SRC seeks say in public staff hiring on growing wage bill
WEBAug 29, 2024 — As the current commission that has been at the helm of making key decisions on Kenya’s public wage bill calls it a day, it leaves behind huge work to be done by the team that will take over, key ...
Julian Kyula: Pastor juggling business and church
WEBOct 19, 2023 — Julian Kyula is an entrepreneur, thought leader and pastor who runs several ventures, including EDOMx, a zero-interest payment platform. He talks about how his faith shapes his decisions, his ...
Kenya satellite Internet uptake rises 64pc on Elon Musk’s Starlink ...
WEBJun 27, 2024 — This follows the entry of Starlink, a satellite Internet service provider associated with American businessman Musk, which, despite its high prices, seems to be disrupting the Kenyan market and ...
The rich legacy of Manu Chandaria - Business Daily
WEBAug 12, 2024 — Dr Manu Chandaria, a successful industrialist and philanthropist, celebrated his life story at a book launch event attended by over 600 people. The book, From Success to Significance, reveals his ...
Kenya's public debt surges past Sh11trn on weak shilling
WEBFeb 20, 2024 — Between the end of December 2022 and December 2023, the shilling lost 26.8 percent value, from trading at 123.37 units against the dollar to trading at 156.46 units.
Starlink targets short-term customers with rented internet kits
WEBAug 21, 2024 — Starlink offers a monthly rental plan for its expensive equipment to expand its customer base in Kenya. The service costs Sh1,950 plus Sh1,300 or Sh6,500 for 50GB or unlimited data plans.
Kenya protests, Bolivia failed coup show perils of economic hardship
WEBJun 28, 2024 — Now, the crisis is reverberating in Kenya, Bolivia and other middle-income nations bearing the brunt of a surge in inflation and the rapid global interest rate rises that followed the pandemic.
Company roadmap: How strategies fail - Business Daily
WEBAug 27, 2024 — Encouraging feedback and bottom-up initiatives that align with the strategy can further enhance its effectiveness. When employees feel included in the strategy’s execution and understand its ...