-
Brasile
Brazil Denies Increase in Tax of Foreign Exchange Transactions
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Finance minister of Brazil, Henrique Meirelles, was quick to deny any discussion within the federal government to increase the IOF (tax over financial operations) for foreign exchange transactions. Despite the denial the U.S. dollar appreciated anyway to its highest level ...
-
Kenya
[AUDIO] Uhuru calls Nanok a foolish devil for raising queries on oil wealth
The President has referred to Governor Josephat Nanok as a fool and a devil after claims that his government has allocated Turkana county insufficient funds. An agitated President Uhuru Kenyatta, who spoke in Kiswahili, also responded to claims that he has interests in the county's oil. He said no one should tell Kenyans the ...
-
USA Kenya
Wiper, ANC and Ford-K resist NASA poll plan
Sharp differences have rocked the four NASA affiliates over joint primaries, threatening crucial opposition unity ahead of primaries next month. Parties will hold nominations from April 13-26. Officials of affiliate parties — ODM, ANC, Wiper and Ford Kenya — have clashed over how to approach primaries and nominations. Three parties ...
-
Kenya
Business News: Millers turn to cane poaching as supply crisis bites
Kenya's sugar industry could be headed for a major crisis following a biting scarcity of cane.
-
Kenya
Business: Millers turn to cane poaching as supply crisis bites
Kenya's sugar industry could be headed for a major crisis following a biting scarcity of cane.
-
Kenya
Business: Kenya bets on new mentorship drive to boost school performance
A new mentorship programme for teachers being piloted in Kenya is showing great potential for improving performance in schools.
-
Kenya
Business: Hackers steal Sh 30billion from Kenya's financial institutions
Financial institutions lost a staggering Sh30 billion to cyber criminals who hacked their systems in the last two years.
-
Kenya
Business: Nestlé launches reformulated Nescafe
Nestlé Kenya has launched a new reformulated NESCAFÉ® 3in1 giving the product a creamier taste in a move to tap into the increased coffee consumption by youth and the emerging urbanised middle class in the country.
-
Kenya
Business: Striking doctors defy government, will not resume work
Kenya's state sector doctors, who have been on strike for three months, said on Wednesday they would not resume work after a government order the day before, and would wait for the conclusion of court-supervised resolution of the dispute.
-
Kenya
Business News: KCB Group makes Sh19.72 billion net profit
KCB Group, Kenya's biggest lender by assets, said on Thursday its pretax profit rose 10 percent last year to 29.09 billion shillings ($283.89 million). The bank, which also operates in neighbouring Uganda, Tanzania, Rwanda, Burundi and South Sudan, raised its dividend by 50 percent to 3 shillings per share. Lawrence Kimathi, the ...