Business
Rwanda joins Kenya to tax digital markets amidst ballooning budgets
March 22, 2022
Rwanda joins Kenya to tax digital markets amidst ballooning budgets
Countries in Eastern Africa have embraced digital market space and are looking to tax digital services in an attempt to…
Equity Group’s 2021 profit up 98% on increased customer support
March 22, 2022
Equity Group’s 2021 profit up 98% on increased customer support
Equity Group profit surged by 98 percent to Ksh.39.17 for the full year ended December 31, 2021 compared to a…
What it means DR Congo being admitted to EA Community
March 22, 2022
What it means DR Congo being admitted to EA Community
The Democratic Republic of Congo (DRC) will officially be admitted to the East Africa Community (EAC), adding a 90 million…
Govt to slash M-Pesa transaction rates
March 22, 2022
Govt to slash M-Pesa transaction rates
Safaricom’s gigantic revenue record is likely to be tampered with, considering the government’s proposal to slash M-Pesa transaction rates. National…
Treasury to release financial year 2022/23 budget in April
March 22, 2022
Treasury to release financial year 2022/23 budget in April
The National Treasury has set April 7, 2022, as the date for the 2022 budget statement presentation. Treasury Cabinet Secretary…
Ride hailing app Bolt revises price upwards over fuel costs
March 21, 2022
Ride hailing app Bolt revises price upwards over fuel costs
Bolt Kenya has increased its tariffs by four percent following the increase in fuel costs. Under the new rates, bolt…
Kenya now owes China over Ksh.3 billion in delayed payments
March 21, 2022
Kenya now owes China over Ksh.3 billion in delayed payments
Kenya has recently been struggling to repay her debt to Chinese-owned companies. Recent record by Auditor General Nancy Gathungu shows…
Kenya shilling hits record low to 114.4 units against dollar
March 21, 2022
Kenya shilling hits record low to 114.4 units against dollar
The Kenyan shilling depreciated by 0.2 percent against the US dollar, to start the week at Ksh.114.4, partly attributable to…
List of fully approved coffee brokers in Kenya
March 21, 2022
List of fully approved coffee brokers in Kenya
The Coffee Exchange Regulations were gazetted by the Cabinet Secretary of the National Treasury and Planning on April 3, 2020.…
IMF approves Ksh.14.5 billion loan to Uganda
March 18, 2022
IMF approves Ksh.14.5 billion loan to Uganda
The International Monetary Fund is giving Uganda an additional Ksh.14.5 billion as part of an Extended Credit Facility Arrangement. In…