Business
CA to switch off unregistered SIM Cards by April 15
April 2, 2022
CA to switch off unregistered SIM Cards by April 15
Unregistered SIM cards in Kenya will be deactivated by April 15, 2022. Communications Authority (CA) has already ordered a clean-up…
TotalEnergies issue Ksh.1.31 dividend on slumped Ksh.2.7 billion net profit
April 1, 2022
TotalEnergies issue Ksh.1.31 dividend on slumped Ksh.2.7 billion net profit
TotalEnergies has declared a Ksh.1.31 dividend per share for its shareholders after it posted a Ksh.2.7 billion profit for the…
Jubilee Insurance declares Ksh.14 dividend per share after posting Ksh.6.8 billion profit
April 1, 2022
Jubilee Insurance declares Ksh.14 dividend per share after posting Ksh.6.8 billion profit
Jubilee Holdings has declared a Ksh.1 billion dividend where shareholders will pocket Ksh.14 per share after it posted a 40.1…
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…