Business
KRA to go after firms, individuals consistently filing nil returns
September 1, 2022
KRA to go after firms, individuals consistently filing nil returns
The Kenya Revenue Authority (KRA) said it will crackdown on firms with consistently missing Valued Added Tax (VAT) returns as…
NSE sees first main market listing since 2018 this year
August 30, 2022
NSE sees first main market listing since 2018 this year
The Nairobi Securities Exchange (NSE) expects its first main-market segment listing in more than three years to happen before the…
Kenya Airways narrows half year loss to Ksh.9.9 billion
August 24, 2022
Kenya Airways narrows half year loss to Ksh.9.9 billion
National carrier Kenya Airways (KQ) has its half year loss to June by 14 percent to Ksh.9.9 billion from Ksh.11.5…
Toyota Kenya acquires 35% stake in solar installation firm, Ofgen
August 24, 2022
Toyota Kenya acquires 35% stake in solar installation firm, Ofgen
Toyota Kenya has acquired a 35 per cent stake in solar installation company Ofgen to deepen the automaker’s interest in…
HELB interest rate on loans unconstitutional, High Court rules
August 23, 2022
HELB interest rate on loans unconstitutional, High Court rules
The Higher Education Loans Board (HELB) loan interest rated have been ruled unconstitutional by the high court, pitting the lender…
How Baron & Cabot is helping Kenyans buy low-interest rate property in the UK
August 19, 2022
How Baron & Cabot is helping Kenyans buy low-interest rate property in the UK
Kenya’s middle class and business people have turned to the UK to buy houses for rent out, mostly due to…
William Ruto named President-elect
August 15, 2022
William Ruto named President-elect
Dr. William Kipchirchir Ruto has been announced the president-elect ending a six-day-long wait among over 50 million Kenyans. The Independent…
Elon Musk sells Tesla shares worth Ksh.834.4 billion
August 10, 2022
Elon Musk sells Tesla shares worth Ksh.834.4 billion
Elon Musk has sold nearly Ksh.834.4 billion ($7 billion) worth of Tesla shares, according to legal filings published Tuesday, amid…
CBK grants Virtual Pay operation license for financial services in Kenya
August 8, 2022
CBK grants Virtual Pay operation license for financial services in Kenya
Virtual Pay Internaltion has been granted an operation license to offer financial services in Kenya. The license from the Central…
Copia ventures into sugar, rice processing in Kenya
August 8, 2022
Copia ventures into sugar, rice processing in Kenya
Copia Global, an e-commerce platform says it will start processing both sugar and rice in Kenya in a bid to…