Frenchman shuts startup Kune after failing to raise Sh30m for operations

Companies Frenchman shuts startup Kune after failing to raise Sh30m for operations Thursday June 23 2022 A Kune Food staffer packs food at the facility. March 3, 2022. PHOTO | DIANA NGILA | NMG Kune, a Kenyan food start-up founded by Frenchman Robin Reecht in 2020, has closed its doors after failing to raise Sh30 … Read more

Inflation rises to 27-month high as spending drops – VIDEO

Economy Inflation rises to 27-month high as spending drops – VIDEO Wednesday June 01 2022 Customers shopping at a local supermarket. PHOTO PHOTO | NMG Kenya’s inflation hit a 27-month high in May on the back of a jump in the price of essential items like cooking oil, food, fuel and soap, squeezing household budgets … Read more

KRA loses Sh7 billion on higher airtime, data taxes

Economy KRA loses Sh7 billion on higher airtime, data taxes Friday May 20 2022 Times Tower in Nairobi, the headquarters of Kenya Revenue Authority (KRA). Picture taken on Thursday, October 15, 2020. PHOTO | DENNIS ONSONGO | NMG By OTIATO GUGUYUMore by this Author Summary Airtime and call data tax collections fell by 19.8 percent … Read more

Inflation, salary squeeze dims Labor Day festival

Economy Inflation, salary squeeze dims Labor Day festival Friday April 29 2022 Federation of Kenyan Employers Executive Director Jacqueline Mugo. FILE PHOTO | NMG By CONSTANT MUNDAMore by this Author Summary Disposable incomes will fall in 2022 as rising inflation and tax increases hit families, posing a headache to the State ahead of Labor Day … Read more

UoN deregisters 30, 000 students amid fees crisis

Corporate UoN deregisters 30, 000 students amid fees crisis Friday March 04 2022 The University of Nairobi main entrance. PHOTO PHOTO | NMG By JOHN MUTUAMore by this Author Summary The deregistered students, who accounted for more than a third of UoN students, include those who have temporarily withdrawn and deferred studies or are serving … Read more