Tag archive for ‘MISTERSEED’
By admin On Tuesday, August 18th, 2015

U.S.-Kenya deal exempts U.S. investment agency from taxes

The Overseas Private Investment Corporation (OPIC), a U.S. government agency, has been exempted from taxes on income from its investments in Kenya. The agency has also been spared from the four per cent Stamp Duty More...

By admin On Thursday, August 13th, 2015

Africa’s Throwing Away Dollars It Can’t Afford in Currency Rout

Africa is battling the global currency markets with one hand tied behind its back. With foreign-exchange reserves equal to less than a 10th of the emerging-market average, nations from Ghana to Zambia are finding More...

By admin On Wednesday, August 12th, 2015

Kenyan Oil-Pipeline Accord With Uganda Paves Way for Exports

Kenya and neighboring Uganda agreed on the route of a planned oil pipeline, ending months of debate on the link that will export crude from companies including Tullow Oil Plc. The pipeline will pass through the More...

By admin On Wednesday, August 12th, 2015

Kenya’s well positioned to issue a Sukuk Bond – S&P report

Kenya has ranked Kenya alongside the Ivory Coast and Nigeria as having good potential for Sharia-based bonds known as Sukuks. Says S&P, “We believe Cote d’Ivoire, Nigeria, and Kenya are well positioned More...

By admin On Monday, August 10th, 2015

Kenya Diaspora Remittance sent $1.38bln ,overtakes traditional Foreign Exchange Earners like Tea & Tourism

Kenyans living abroad sent back home a total of $1.38 billion (Sh. 138 billion) last year compared to $1.1 billion (Sh. 110 billion) the country earned from tea exports. Remittances are projected to rise to $1.5 More...

By admin On Wednesday, August 5th, 2015

Kenya’s Athletes’ success is based on Hardwork’ and not Drugs – urges top Athletes

Kenya’s top runners have urged athletics fans and sports enthusiasts across the world to keep faith in them, despite media allegations of widespread doping in the east African nation famed for its top-class More...

By admin On Tuesday, August 4th, 2015

Record 85.5% mobile penetration, Sh. 1.3tr in mobile money transfers in 6 months – Kenya

Mobile penetration in Kenya surged to 85.5%, a 2.9% jump from the previous quarter, as competition in the mobile telecommunications industry heats up. New entrant Equitel has so far managed to capture 1.9% (or 665,661 More...

By admin On Friday, July 31st, 2015

EA Cables completes key production plant refurbishment

By Robert Kibet NAIROBI, July 27, 2015-Regional Cables and Conductors Manufacturer, East African Cables, fortunes are all set for good tidings following the commissioning of its flagship Copper production facility More...

By admin On Wednesday, July 22nd, 2015

Chinese delegation eyes more investments to Kenya

President Uhuru Kenyatta held talks with officials from the Industrial and Commercial Bank of China (ICBC), the World’s largest bank by total assets and market capitalization and members of the China Entrepreneurs More...

By admin On Tuesday, July 21st, 2015

Kenya’s president says Obama talks to focus on security, trade links

President Uhuru Kenyatta said on Tuesday that improving security cooperation and trade links between Kenya and the United States will top the agenda when U.S. President Barack Obama visits the east African nation More...