Business News: Rising rent chokes the poor in Kenya

by www.standardmedia.co.ke
Kenyans living in smaller houses are grappling with higher rents, which have been rising due to increased demand.
Read Full Article On www.standardmedia.co.ke
Latest
The DA strongly opposes the R48 million that has been budgeted to acquire 6 additional Ministerial Houses within the 2017/18 financial year.
Plettenberg Bay had transactions worth over R1 billion in 2017 and has been listed as the second best destination to millionaire-owned second homes.
Robert Mugabe's fall closed a chapter of Africa’s 1960s leaders who liberated the masses, only to transform into some of the worst despots, writes Sechaba Nkosi.
In light of the tough trading environment retailers experienced this year, the jury is out whether Black Friday will help ease the strain.
Enacy Mapakame Business Reporter The Zimbabwe Stock Exchange (ZSE) mainstream Industrials Index continued on a downward path, albeit at a slower rate as investors became hopeful of a change in economi
Martin Kadzere Senior Business Reporter Zimbabwe’s exports of key minerals rose 31,5 percent in the 10 months to October this year, driven by an increase in high carbon ferrochrome and chrome ore sale
Tinashe Makichi Business Reporter Zimphos is set to complete its plant facelift as the company expects an additional $2,2 million from Reserve Bank of Zimbabwe in addition to the $5 million that has a
Business Reporter Financial services provider POSB, has embarked on a skills audit exercise as part of its restructuring programme, according to an internal memo seen by The Herald Business. The exerc
Business Reporter The Zimbabwe Consolidated Diamond Company (ZCDC), has increased its staffing levels by 90 percent as the State diamond mining entity moves to raise diamond production. The wholly Gov
Tawanda Musarurwa Senior Business Reporter POWERTEL Communications has launched a state-of-the-art communication solution for vehicle tracking and fleet management under its broad product category of
Business Reporter Tobacco exports have raked in $743,3 million as at November 17, 2017, a marginal 1,19 percent increase from the comparable prior period. Figures from the Tobacco Industry and Marketi
SHANGHAI. — China Railway Seventh Group on Tuesday signed a $393 million agriculture infrastructure development deal with the Zambia, the official Xinhua news agency reported. The Chinese firm will bu
JOHANNESBURG. – South Africa and Eritrea have taken up shareholding in the African Export-Import Bank (Afreximbank) – the continent’s multilateral trade finance institution, in demonstrati
Tamuka Charakupa Business Correspondent Government should develop a mineral beneficiation and value addition policy that aims to provide an effective framework to convert the country’s mineral wealth
The firm said the centre would host an 'incubator programme' to help develop technology start-ups.
Safaricom continued to stir the market Wednesday, touching a 12-month high of Sh28.50.
Shareholders protested at the AGM due to a two-year dividend drought
The Government will spend Sh5 billion in the next five years to improve food security and access to nutrition.
The National Treasury has cut back tax revenue projections by Sh60 billion in the wake of subsidies introduced this financial year.
Kenya is banking on her long-standing relations with China to have a four per cent levy on flower exports to the Asian country scrapped.
The Information for Trade in Kenya web portal consolidates more than 120 documents and procedures required for the import and export businesses.
There are so many aspects to consider and understand to ensure a successful enterprise, says Jurgen Hellweg, CEO of Western National Insurance.
The recent changes in the energy ministry, pending finalisation of the integrated resource plan are some of the factors stifling investment in energy.
In light of SA's unaffordable data costs, This app allows soccer fans free access to sports content.
During the period of August 18 and October 12 2017, over 3 000 broadband packages were compared and these are the results
Minister Lynne Brown stated she understood that former Eskom ECO Brian Molefe resigned from Eskom and did not seek early retirement.
Mark Brits, director of the Centre of Excellence in Financial Services writes about the technology in banking.
Qatar took the final step on Wednesday to start litigation at the World Trade Organization in its row with the United Arab Emirates, but no other WTO members supported its move, which many trade exper
In the state of Colorado, Uber has yet another scandal as the company has been found using unqualified drivers on its platform.
Iraq and General Electric have signed a deal to develop Iraq's power infrastructure, which would help bring much-needed electricity to areas facing significant shortages across the country.
A minnow of English soccer, Stevenage FC, is an unlikely candidate to be at the forefront of financial innovation in the game.
Britain will put aside another £3.0 billion ($4.0 billion) for preparations towards the nation's looming exit from the European Union, finance minister Philip Hammond revealed Wednesday in his budget.
Cape town outshines other SA's major cities when it comes property price growth. Let's explore the city's affordable suburbs.
Minister of Public Enterprises Lynne Brown has denied claims made by former Eskom chairperson Zola Tsotsi that she is linked to the Guptas.

Recent News

Raisman embraces role as 'Fierce' advocate for abuse victims

The people come forward to Aly Raisman almost daily now. Random strangers. Men and women of various ages, races and backgrounds. They see the six-time Olympic medal winning gymnast out ......
Read Full Story

Outrage after India minister terms cancer 'divine justice'

An Indian minister's remark about the disease "saddens" patients and their family members.
Read Full Story

Congresswoman Jackie Speier shines spotlight on sexual harassment

Speier was a 23-year-old congressional staffer excited about her new job on Capitol Hill when her chief of staff got her alone in a room.
Read Full Story

European Stocks - 22-11-17

Read Full Story

Armenian President to depart for Belgium on working visit

Read Full Story

Armenia’s economic activity growth rates in 2017 are higher compared to 2016

Read Full Story

R48 million squandered on ministerial homes is unacceptable - DA

The DA strongly opposes the R48 million that has been budgeted to acquire 6 additional Ministerial Houses within the 2017/18 financial year.
Read Full Story

President Iohannis: Parallel state - bad joke, made up by people who victimise themselves to seize power

The parallel state is "a bad joke", and a few people invent such concepts in order to seize all power, on Wednesday said President Klaus Iohannis in southeastern Ploiesti.
Read Full Story

Cuba, North Korea reject 'unilateral and arbitrary' US demands

Cuba`s foreign minister and his North Korean counterpart rejected the United States` "unilateral and arbitrary" demands on Wednesday while expressing concern about escalating tensions on t
Read Full Story

Iraqi forces launch operation to clear desert bordering Syria of Islamic State

Iraqi forces launched an operation on Thursday to clear the desert bordering Syria of Islamic State, a final campaign to rid Iraq of the militant group, the military said in a statement.
Read Full Story

New $40M Sparendaam well to supply Plaisance and Ogle – GWI

Two thousand customers of Plaisance and Ogle have been promised 24-hours water supply for Christ-mas, by the Guyana Water Incorporated (GWI), from the newly drilled $40 million Sparendaam well.
Read Full Story

ANSA opens automotive store

As the ANSA McAl Group of Companies launched its new automotive store yesterday, Minister of Business, Dominic Gaskin reiterated government’s commitment to providing affordable and energy efficient ve
Read Full Story