Business

I&M bank Q 1 profit up 44.4% to Ksh.2.6 billion

I&M bank Q 1 profit up 44.4% to Ksh.2.6 billion

I&M bank posted a 44.4 percent jump in its 2022 quarter one net profit of Ksh.2.6 billion from Ksh.1.8 billion.…
Gladys Wanga lead MPs to shoot down proposed tax hikes in Finance Bill, 2022

Gladys Wanga lead MPs to shoot down proposed tax hikes in Finance Bill, 2022

Homa Bay Woman Rep Gladys Wanga, who chairs the National Assembly Finance Committee has rejected the proposals to increase taxes…
Kenya, Uganda railway line upgrade to cost Ksh.15 billion

Kenya, Uganda railway line upgrade to cost Ksh.15 billion

Both Kenya and Uganda have entered into an agreement to upgrade the old Metre Gaige Railway (MGR) to ease the…
Paul Russo to replace Joshua Oigara as KCB boss

Paul Russo to replace Joshua Oigara as KCB boss

Joshua Oigara’s term at the Kenya Commercial Bank (KCB) has come to an end following a ten-year reign at one…
High Court thwarts Humphrey Kariuki’s Ksh.17 billion tax evasion claim by KRA

High Court thwarts Humphrey Kariuki’s Ksh.17 billion tax evasion claim by KRA

Businessman, Humphrey Kariuki’s Ksh.17 billion tax evasion onslaught by the state has been thwarted by the High Court. In a…
Kingdom Bank’s Q1 profit up 58.1% to Ksh.209.8 million

Kingdom Bank’s Q1 profit up 58.1% to Ksh.209.8 million

Kingdom Bank’s quarter one profit in 2022 surged by 58.1 percent to Ksh.209.8 million from Ksh.132.7 million posted a similar…
Kenya seeks Ksh.75 billion infrastructure bond in June 2022

Kenya seeks Ksh.75 billion infrastructure bond in June 2022

Kenya now seeks Ksh.75 billion infrastructure bond that has been set for June this year. The June bond has a…
DTB Q1 profit up 15.8% to Ksh.2.2 billion

DTB Q1 profit up 15.8% to Ksh.2.2 billion

Diamond Trust Bank’s (DTB) quarter one profit surged by 15.8 percent to Ksh.2.2 billion from Ksh.1.9 billion in a similar…
Survey; Tax rises will drive most Kenyans to illicit goods

Survey; Tax rises will drive most Kenyans to illicit goods

The vast majority of Kenyans are likely to end up buying illicit goods if proposed new consumer taxes become law.…
GS1 urges Farmers to embrace barcoding to securely trade with ease and get a wider market reach

GS1 urges Farmers to embrace barcoding to securely trade with ease and get a wider market reach

GS1 Kenya, a global  standards organization, has called on farmers to bank on adoption of barcoding technology to provide track…
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