Business
Kenya’s inflation in March up 5.6% from 5.1% in February on Russia, Ukraine war
April 1, 2022
Kenya’s inflation in March up 5.6% from 5.1% in February on Russia, Ukraine war
Inflation in Kenya for the month of March soared to 5.6 percent down from 5.1 percent in February to indicate…
Tatu City offers Kenyan diaspora free air ticket anywhere globally in new campaign
April 1, 2022
Tatu City offers Kenyan diaspora free air ticket anywhere globally in new campaign
Tatu City has launched a raffle that will see a lucky Kenyan living in the diaspora win a free ticket…
Govt sets aside Ksh.5.7 billion fertilizer subsidy fund to cushion farmers
April 1, 2022
Govt sets aside Ksh.5.7 billion fertilizer subsidy fund to cushion farmers
The Kenyan Government has set aside Ksh.5.734 billion to subsidize 114,000MT (2,280,000 x 50kg bags) for farmers growing food crops…
Tax Tribunal rules withholding tax not applicable on management fee under Kenya, France Double Tax Treaty
April 1, 2022
Tax Tribunal rules withholding tax not applicable on management fee under Kenya, France Double Tax Treaty
The Tax Appeals Tribunal (TAT) rendered its judgment on March 25, 2022, in the case Total Kenya Limited v Commissioner…
Acorn student accommodation profit up to Ksh.1.16 billion in first year of operation
April 1, 2022
Acorn student accommodation profit up to Ksh.1.16 billion in first year of operation
Acorn Investment Management Ltd (AIML), the entity behind Qwetu and Qejani Student Residences, has posted a Ksh.1.16 billion net profit…
ICEA’s I-Reit profit down 16.2% to Ksh.123.9 million in 2021 full year results
April 1, 2022
ICEA’s I-Reit profit down 16.2% to Ksh.123.9 million in 2021 full year results
ILAM Fahari I-REIT’s net profit slumped by 16.2 percent to Ksh.123.9 million for the year ended December 31, 2021, compared…
CBK bags over Ksh.7.1 billion at treasury bill weekly auction
April 1, 2022
CBK bags over Ksh.7.1 billion at treasury bill weekly auction
The Central Bank of Kenya (CBK) received Ksh.7.124 billion at the Weekly Treasury Bills Auction from the Ksh.24 billion on…
Subaru lovers to get new cars on credit in new deal with Autochek Africa
March 31, 2022
Subaru lovers to get new cars on credit in new deal with Autochek Africa
Subaru Kenya and Autochek Africa have signed a deal that will see customers buy new and second-hand cars through loan…
Bitcoin price up 24.9% to Ksh.5.4 million, highest in 2022
March 31, 2022
Bitcoin price up 24.9% to Ksh.5.4 million, highest in 2022
Bitcoin has risen to Ksh.5,428,966.00, reaching its highest level since December last year compared to when it last slumped to…
KCB Group’s newly acquired BPR Bank changes name to BPR Bank Rwanda
March 31, 2022
KCB Group’s newly acquired BPR Bank changes name to BPR Bank Rwanda
KCB Group PLC has finished a merger process for its KCB Bank Rwanda and Banque Populaire du Rwanda (BPR) after…