Designers Stefano Gabbana (L) and Domenico Dolce/AFP
ROME, Jun 19 – An Italian court Wednesday sentenced fashion house duo Dolce & Gabbana to one year and eight months in prison for tax evasion of around one billion euros ($1.33 billion), according to media reports.
Lawyers for Dolce and Gabbana, whose celebrity clients [...]
The Treasury has also denied allegations that there is pressure from the International Monitory Fund (IMF) to quickly pass the Bill to raise revenue/FILENAIROBI, Kenya, Jun 19 – The National Treasury has downplayed fears that the re-introduced VAT Bill is aimed at raising the costs of basic goods and specifically [...]
The Kenya Tourism Federation (KTF) says if the budget cut takes place, the government should be prepared for massive job losses from the tourism sector/FILENAIROBI, Kenya, Jun 19 – Players in the tourism sector have expressed their disappointment by reports indicating that Sh2 billion has been slashed from the tourism [...]
Ultra – sound screening is the use of high frequency waves to make an image and in pregnancy it gives an image of the baby while in the womb/CFMNAIROBI, Kenya, June 19 – As the world tries to curb infant mortality especially in Africa, experts have emphasised on the importance [...]
The Executive Director of the Federation of Kenya Employers Jacqueline Mugo was also elected as the Secretary General of Business Africa for a three-year term/FILENAIROBI, Kenya, Jun 19 – Nairobi will now be the headquarters of the continent’s employers body Business Africa; formerly the Pan-African Employers’ Confederation (PEC) after it [...]
The partnership will see Airtel subscribers register for Airtel Money, deposit cash, withdraw cash as well as pay for their utility bills at the Total petrol stations/FILENAIROBI, Kenya Jun 19 – Airtel Kenya has partnered with oil marketing firm Total Kenya for the use of mobile payments service Airtel Money [...]
The range of businesses represented includes agribusiness, aviation, construction, finance, health, ICT, mining and infrastructure among others/FILENAIROBI, Kenya, Jun 19 – A team of executives from 30 high level investment companies from the United Arab Emirates (UAE) is due to arrive in the country for a business seminar aimed at [...]
Google plans to beam the Internet from giant balloons sent to the stratosphere/AFP
SINGAPORE, June 19 – Google’s plans to beam the Internet from giant balloons sent to the stratosphere could boost small businesses in rural parts of Asia by connecting them online, the company said Wednesday.
Karim Temsamani, Google’s head of [...]
German solar panel manufacturer Solarworld on the verge of bankruptcy as the German sector struggles against Asian competition/AFP
BERLIN, June 18 – German solar panel manufacturer Solarworld announced Tuesday a capital injection by Qatar, a move which will save the company from bankruptcy as the German sector struggles against Asian competition.
Solarworld [...]
A British Airways Airbus A380 flies over a Qatar Airways 787 Dreamliner at the Paris Air Show on June 17, 2013/AFP
LE BOURGET, June 18 – Boeing launched the biggest version of its Dreamliner plane at the Paris Air Show Tuesday with over 100 orders worth about $30 billion and a [...]