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Malta Bahrein
Big business alarmed as Communications Authority seeks to tighten rules
Regulator can set prices or split up a firm.
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Malta Bahrein
Tanneries face closure over illegal export of hides, skins
Local tanneries have scaled down production due to the lack of raw materials as some traders and government officials collude to export them illegally to Far-East countries like China.
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Cina Malta Bahrein
Business: Dar in talks with China on funding for wind farm
Tanzania is in talks with the Export-Import Bank of China (EximBank) for a $132 million loan to fund the country's first wind power project, the energy ministry said.
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Malta Bahrein
Business: Sigh of relief for stockbrokers
In January, the Kenya Association of Stock Brokers and Investment Banks (KASIB) filed a petition against the Attorney General and the Kenya Revenue Authority (KRA) challenging KRA's implementation of tax on capital gains. A ruling on this petition is expected on March 18.
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Malta Bahrein
Business: Shares snap out of losing streak
Kenya's benchmark index edged higher on Friday, breaking an eight-session losing streak as bank shares rose. The shilling weakened slightly. The benchmark NSE 20 index added 2.77 points or 0.1 per cent to 5,350.30 points, just off its 7-year peak.
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Malta Bahrein
Business: Confusion reigns in stock market over Capital Gains Tax
The Kenya Revenue Authority (KRA) appears to have retreated from its earlier directive requiring stockbrokers to remit capital gains tax each time an investor disposes their shares at the Nairobi Securities Exchange (NSE).
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Malta Bahrein
Business: To end corruption, criminalise failure to achieve project targets
Every county government should declare a project that must be achieved every budget year and at least, one major project during its life in power. For the approved project amount allocated, its quality and standards expected should be announced in public places such as markets, bus stops, restaurants among other ...
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Malta Bahrein
Business: Quarry operators appeal for improved roads
Quarry operators in Mavoko Constituency, Machakos County have appealed to the Government to improve local roads. They also urge the government to contain the increasing number of investors in residential property who have invaded land set aside for quarrying.
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Malta Bahrein
Business: Uproar as ERC hikes fuel prices despite crude oil dip
Motorists will from today pay more for super petrol and diesel following fuel prices adjustment by the Energy Regulatory Commission (ERC), despite the recent slump in crude oil prices.
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Malta Bahrein
Govt to ease process of doing business: Jaitley
Jaitley stressed the new government's priority was to improve the credibility of the Indian economy