Business

South Sudan MPs Pass $1.6 Billion Budget With Eye On New Roads

South Sudan MPs Pass $1.6 Billion Budget With Eye On New Roads

The South Sudan parliament on Wednesday approved a budget of $1.6 billion (1.4 billion euros), around half of which is…
CA Appoints Mercy Wanjau as Director General in an interim capacity

CA Appoints Mercy Wanjau as Director General in an interim capacity

Communications Authority of Kenya (CA) appointed Mercy Wanjau as its acting Director General to replace Francis Wangusi whose term has…
Sanlam Kenya Posts Sh639.7M profit in its 2019 half year results

Sanlam Kenya Posts Sh639.7M profit in its 2019 half year results

The Nairobi Securities Exchange (NSE) listed firm has returned a Sh639.7 million after-tax profit for the six-month period ending June…
What to note about tax evasion and its consequences in Kenya

What to note about tax evasion and its consequences in Kenya

In Kenya, Kenya Revenue Authority (KRA) is charged with the responsibility of collecting revenue on behalf of the Government of…
Roadblocks to be erected on major highways for census exercise.

Roadblocks to be erected on major highways for census exercise.

The government is mulling erecting roadblocks on major highways in the country to see the census exercise successful.The announcement was…
“Revise Interest capping law” Parliament asked.

“Revise Interest capping law” Parliament asked.

Commercial Banks now say if parliament will not repeal the interest rate capping law, it should at least widen the…
Chinese firm to buy Kenya’s first Ksh.1.2 billion crude oil

Chinese firm to buy Kenya’s first Ksh.1.2 billion crude oil

Chinese firm ChemChina UK Limited has been selected as the buyer of Kenya’s first crude oil export.In an announcement, the…
Keroche bosses to be charged in court today over Ksh.14 bn tax evasion

Keroche bosses to be charged in court today over Ksh.14 bn tax evasion

Director of Public Prosecutions (DPP) Noordin Haji has ordered the immediate arrest of Keroche Breweries CEO Tabitha Karanja.Haji also ordered…
“I am being harassed,” says Keroche boss Tabith Karanja in a Ksh.14 bn tax evasion row

“I am being harassed,” says Keroche boss Tabith Karanja in a Ksh.14 bn tax evasion row

Keroche Breweries Chief Executive Officer (CEO) Tabitha Karanja has rubbished allegations of evading taxes amounting to Ksh.14.4 billion, accusing the…
Keroche CEO Tabitha Karanja arrested by DCI over Sh14bn tax evasion claims

Keroche CEO Tabitha Karanja arrested by DCI over Sh14bn tax evasion claims

Keroche CEO Tabitha Karanja has been arrested by the DCI detectives at the breweries’ premises in Naivasha.KRA officials and DCI…
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