Year: 2022
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News
CS Kobia; Over Ksh.500 million to go to drought-stricken Kenyans every two monthly
The government will start disbursing Ksh.547 million every two months to four arid counties in a bid to curb drought…
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News
Over 30,000 KCPE candidates to join National Schools; How to check secondary school selection
The Education Cabinet Secretary, Professor George Magoha has announced that students who sat for KCPE in 2021 can finally check their…
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Economy
State pushes for 20% excise duty on punters for second time
The National Treasury Cabinet Secretary Ukur Yatani seeks to increase excise duty as changes are made to the Excise Duty…
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Finance
Digital lenders to disclose funding source in move to fight money laundering
Following the gazettement of the Central Bank of Kenya (CBK) Regulations, Digital lenders will now be obliged to provide information…
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News
Govt targets higher taxes on common commodities to finance Ksh.3.3 trillion budget
The financing of President Uhuru Kenyatta’s final budget will attract higher taxes on common household commodities as he vacates office…
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Economy
NSE listed banks’ net profit grew to Ksh.141.5 billion in 2021; here’s how
Banks’ net profit through the 12 months to December 31, 2021, rose to Ksh.141.5 billion from Ksh.80.29 billion in 2020.…
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Corporate
KQ cuts staff by 3% to 3544 to save on operating cost
Kenya Airways (KQ) cut its manpower from 3652 in 2020 to 3544 in 2021 to represent a three percent cut…
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Economy
President Kenyatta, Tshisekedi sign treaty of association of DR Congo into EAC
Presidents Uhuru Kenyatta and Felix Tshisekedi signed the treaty of accession of DR Congo into the East African Community (EAC)…
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Corporate
Elon Musk overtakes Jeff Bezos as richest man globally with Ksh. 25.3 trillion net worth
Elon Musk’s net worth hit Ksh. 25.3 trillion ($216 billion) to become world’s richest man according to Forbes. Musk owns …
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Corporate
Safaricom, Airtel and Telkom merge mobile money services through ‘Lipa Na M-Pesa’
Kenya’s mobile network operators Telkom, Safaricom, and Airtel have integrated their mobile money service platforms, allowing Kenyans to make mobile…
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