Business

Kenya to raise cash limit for foreign investors

Kenya to raise cash limit for foreign investors

The Kenyan Government is seeking an amendment to the law that will see changes to how much a foreigner can…
EPRA retains fuel prices for second month running

EPRA retains fuel prices for second month running

The price of all three petroleum products will remain unchanged for a second straight month following the retention of fuel…
KRA sees improved tax collections to Ksh.121.8 billion in July

KRA sees improved tax collections to Ksh.121.8 billion in July

There was a rebound in tax revenue collection in the month of July by the Kenya Revenue Authority (KRA) when…
CMA warns investors, public against investing with Fxbitinvest

CMA warns investors, public against investing with Fxbitinvest

The Capital Markets Authority (CMA) has warned the general public and investors against engaging in any investment with Fxbitinvest, a…
SACCOs’ non-remitted funds persist on membership withdrawal

SACCOs’ non-remitted funds persist on membership withdrawal

The report by the Sacco Societies Regulatory Authority (SASRA) has reflected looming non-remitted funds standing at a staggering Ksh.5.04 billion…
Jubilee admin has invested Ksh.3.7 trillion worth of projects in coastal region

Jubilee admin has invested Ksh.3.7 trillion worth of projects in coastal region

The Jubilee government has since 2013 invested in excess of Ksh.3.7 trillion for various projects at the Coast that upon…
Cytonn threatens to sue CMA over defamation

Cytonn threatens to sue CMA over defamation

Cytonnn Investment is threatening to sue Capital Markets Authority (CMA) over defamation against the brand arguing that the authority was…
Stanbic half year profit up Ksh.3.5 billion, approves Ksh.1.70 dividend per share

Stanbic half year profit up Ksh.3.5 billion, approves Ksh.1.70 dividend per share

Stanbic Holdings earnings surged by 34.6 percent to record Ksh.3.5 billion in six months to June 2021 compared to Ksh.2.6…
New tax policy to ease cargo clearance for low volume importers

New tax policy to ease cargo clearance for low volume importers

Kenyan traders engaged in small-scale importation of goods will now be able to clear their cargo faster under a new…
Why lenders, borrowers should take advantage of CRB ratings [video]

Why lenders, borrowers should take advantage of CRB ratings [video]

Lenders and borrowers have been advised to take advantage and leverage on the Credit Reference Bureau (CRB) ratings while giving…
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