Business News: Bumps on Uhuru's road to expanding economy

Ills that afflicted the country in Jubilee's first term need to be urgently addressed.
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The real estate sector is poised for a comeback after the conclusion of the General Election.
Britam Holdings has announced a 44 percent reduction in its net profit for the first-half of 2017 from Sh1.7 billion last year to Sh995 million.
Sterling fell to a new two-month low against the dollar on Thursday as the lack of any major economic data encouraged investors to add bets against the British currency
The Southern Bypass at Kibera overpass has left a sour taste in the mouths of the local residents.
Motorists will be required to pay Sh700 to get stickers for the new digital registration plates with effect from October 1.
Motorists using Ngong Road will have to find alternative routes as sections of the road will be closed for construction.
Hordes of distraught investors are walking out of a too-good-to-be-true kind of plan that had promised huge profits twice a year.
Botswana businesses have been urged to take advantage of the bilateral trade agreements between Botswana and Kenya.
Canadian mining company, Galane Gold, which operates Mupane Gold Mining near Francistown, was delisted from the Botswana Stock Exchange (BSE) for non-payment of annual listing fees, Mmegi Business has
Government has issued its first coal bed methane (CBM) mining licence as the country edges towards commercial use of renewable energy in power supply.
The growth of county headquarters and strategic towns is seeing the growth of hotel facilities targeted at business travellers as opportunities and local economies grow.
Qatar has approved a law limiting domestic staff to a maximum of 10 hours’ work a day, the first such protection for thousands of household maids, nannies and cooks in the emirate.
Fiat Chrysler Automobiles NV is considering options including a plan to spin off the upscale Maserati and Alfa Romeo brands as well as its components operations, according to people familiar with the
HSBC Holdings PLC, Citigroup Inc. and Morgan Stanley see mounting evidence that global markets are in the last stage of their rallies before a downturn in the business cycle.
It’s good to know who your friends are when times are tough.
Taking the reigns of a family business has long been about maintaining tradition.
Lebanon’s rainfall is of a dynamic nature. Nuancing on the level of rainfall in Lebanon is Dr. Tarek Salhab, head of the Geography Department at the Lebanese University, and head of the Climate Depart
The Government Wednesday declared it would enforce the ban on plastic bags from Tuesday and asked Kenyans to embrace alternatives that include bags made from sisal, paper, cloth, papyrus, and gunny ba
Bank plans to reorganise the struggling division that failed to pick up after its relaunch.
With just a month to go, stakeholders are pointing fingers at one another for the bond's dismal performance.
Solar specialist Solarcentury announced on Wednesday that it would finance and build solar power systems for companies keen to install them but do not have the capital.
Local firm hopes to benefit from superior technology to drive efficiency and growth.
Kenyans should brace themselves for tough times as the effects of the General Election, compounded with a severe drought in the region, is set to reduce the country's economic growth.
Kwale County has signed a Sh10 billion public-private partnership deal with two Chinese companies to develop infrastructure.
Jeffrey Gogo and Martin Kadzere AGRICULTURE, Mechanisation and Irrigation Development Minister Joseph Made has threatened to bring all cotton marketing activities under Government control to prevent s
Ishemunyoro Chingwere Business Reporter GOVERNMENT has identified several sites for the construction of weirs across the country to enhance water harvesting for irrigation to boost agriculture output.
Hebert Zharare Assistant Business Editor ZHEJIANG Bayong Highway Engineering International, the Chinese company contracted to undertake construction work for the dualisation of the $1 billion Beitbrid
Dr Gift Mugano Zimbabwe’s agricultural sector is on the rebound. However, notwithstanding the impressive performance of the sector especially on the crops side, there are a number of factors which nee
Enacy Mapakame Business Reporter FIDELITY Printers and Refiners is paying out $15 million to the estimated 300 000 artisanal gold miners on a weekly basis, Finance and Economic Development Minister Pa
Business Reporter Dairibord has completed 70 percent of the work around configuring its business model to a much learner structure, financial director Mercy Ndoro has said. Responding to emailed quest
Business Reporter NMB Bank has launched a range of life assurance products at the Harare Agricultural Show branded NMBLife. The new range of products embraces life assurance, a retirement plan and a f
Business Reporter STANBIC Bank Zimbabwe says it has invested $88,8 million to fund the capital needs of various players in the country’s mining sector in 2016 as part of its efforts to contribute to n
When was the last time you backed up your data? Chances are if you are like most people your answer is never! Important data needs to be backed up regularly. This applies to businesses and individuals
The importation and exportation of some goods and substances is only possible after obtaining and subsequent production of a requisite permit or licence from the relevant Ministry. However; for some p

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