Month: November 2019
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News
Uchumi Supermarkets is seeking a Company Voluntary Agreement
The Commercial and Tax Division of the High Court has granted Uchumi supermarkets an additional 30 days to conclude talks…
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News
KRA loses bid to collect tax on betting stakes
The Kenya Revenue Authority has lost its bid to collect taxes on stakes placed by gamers after a tribunal ruled…
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News
Kenya National Bureau of Statistics defends 2019 Census findings
The Kenya National Bureau of Statistics had defended the preliminary results of the 2019 national census that have been as…
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News
South Africa investment summit draws few foreign pledges
South Africa President Cyril Ramaphosa secured about 200 billion rands ( $13.5 billion ) of new investment pledges on Wednesday,…
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News
Liquid Telecom recognized for ‘most innovative IoT solution
Liquid Telecom has won the ‘most innovative IoT solution’ award at the recently held World Communications Award (London) for helping…
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News
Sanlam Kenya appoints new general insurance subsidiary leader
Non-bank financial services provider Sanlam Kenya has announced the appointment of Ms. Caroline Laichena as the new Sanlam general insurance…
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News
President Kenyatta signs into law Finance Bill 2019
President Uhuru Kenyatta on Thursday afternoon signed into law the Finance Bill 2019. The Finance Act 2019 repeals section 33b…
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News
Senate votes to raise Kenya’s debt ceiling to Ksh.9 trillion
The Senate approved the adjustment of the National Treasury’s request to raise the public debt ceiling to Ksh9 trillion The…
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Business
KCB Group welcomes decision by MPs to lift the cap on interest rates
KCB Group has welcomed the decision by the National Assembly to lift the cap on interest rates. The lender’s Chief…
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Business
Why Kenya Airways was forced to turn back to Johannesburg while midair
A Kenya Airways plane from Johannesburg bound for Nairobi was forced to return to Johannesburg over what was alleged to…
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