Tag Archive | "Business Daily"

MPS TO POCKET SH 6.7 MILLION EACH IN SERVICE GRATUITY

Kenyans are incensed by the revelation in an article by the Business Daily, that MPs will pocket Sh 6.7 million each at the end of their 5 year term in 2017. The amount is part of Sh 2.8 billion that treasury has allocated for the legislators in service gratuity. According to the Business Daily, it […]

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NO MONEY WAS LOST IN AFYA HOUSE- CS CLEOPHAS MAILU

Health CS Cleophas Mailu has questioned the accuracy of the leaked audit report, which revealed discrepancies in the Ministry of Health and revealed that sh 5B was looted in corrupt dealings, and maintained that no money was lost. Speaking at a press conference yesterday, Mailu, who was flanked by his Principal Secretary Nicholas Muraguri said […]

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KENYA IS INDEED A BANDIT ECONOMY: NMG FORCED TO REPRINT SPECIAL EDITION OF BUSINESS DAILY AFTER CARTEL BUYS COPIES OFF THE STREETS

By Winnie Kabintie Kenyans were treated to a rude shock yesterday after details emerged that a graft cartel had bought off the entire copies of yesterday’s Business Daily (BD) newspaper from vendors in a desperate move to impede an expose’ detailing how Sh5 billion was looted from Afya House, in a similar modus operandi to […]

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25 PER CENT IMPORT DUTY DOESN’T WORK OUT ON PAPER FOR KENYA

PUBLISHERS CONDEMN NEW LEVIES ON IMPORTED PAPER Kenya’s publishers, packagers and other paper converters have condemned the move by treasury to impose a 25 per cent duty on imported paper, arguing that the high prices are likely to cripple an already struggling industry. The government argues that the move to increase the tariff on imported […]

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KENYA’S ECONOMIC FIGURES BOOST… PITY ABOUT THE FLOWERS, FRUIT AND VEGETABLES

Good news: a “re-basing” of the way in which Kenya’s Gross Domestic Product (GDP) is calculated means that the country’s economy is officially 25 per cent bigger today than it was yesterday under the old method of adding up the nation’s wealth. Bad news: because politicians and officials of various political colours didn’t get their […]

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Michael Olunga scores a hat trick against Las Palmas

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