Business

KRA vows to hit tax evaders harder

KRA vows to hit tax evaders harder

Kenya Revenue Authority (KRA) Commissioner General James Githii Mburu has told off tax evaders that he won’t go for them…
Uhuru appoints Stephen Masha as Controller of Budget in acting capacity

Uhuru appoints Stephen Masha as Controller of Budget in acting capacity

President Uhuru Kenyatta has appointed Deputy Controller of Budget Stephen Masha as Controller of Budget in an interim capacity. The…
Court stops recruitment of new CA boss, Wangusi reinstated

Court stops recruitment of new CA boss, Wangusi reinstated

The court has stopped the recruitment of Director-General of Communications Authority of Kenya (CA) Mercy Wanjau, following her appointment by…
Stanchart half-year net profit up 5.6% to Ksh.6.9 bn

Stanchart half-year net profit up 5.6% to Ksh.6.9 bn

Standard Chartered bank Kenya recorded a 5% growth in pre-tax profits to ksh6.9 billion, attributed to a 70% drop in…
KQ records Ksh.8.6 billion loss in 2019 half year results

KQ records Ksh.8.6 billion loss in 2019 half year results

By Victoria Amunga/…National carrier Kenya Airways (KQ) has posted a pretax loss of Ksh.8.56 billion in its 2019 half year…
President Kenyatta off to Japan for TICAD 7 Summit

President Kenyatta off to Japan for TICAD 7 Summit

President Uhuru Kenyatta is out of the country to attend the Tokyo International Conference African Development (TICAD) that is slated…
Treasury; Counties failed to spend Sh85.6 billion in FY 2018/19

Treasury; Counties failed to spend Sh85.6 billion in FY 2018/19

The huge unspent balance of Ksh.85 billion by all Counties has been revealed even as Governors’ demand for an extra…
Naivas supermarket chairman Simon Mukuha dies at Aga Khan Hospital

Naivas supermarket chairman Simon Mukuha dies at Aga Khan Hospital

Naivas Supermarket has been plunged into mourning following the death of the retail firm’s chairman, Simon Mukuha. The supermarket’s Chief…
Trade CS Munya on the spot over Ksh.10 bn edible oil

Trade CS Munya on the spot over Ksh.10 bn edible oil

The controversial edible oil that was impounded by the government has not been released as earlier claimed by CS Trade…
Four companies shut down by the government amidst mass job layoffs

Four companies shut down by the government amidst mass job layoffs

National Environment Management Authority (NEMA) shut down four companies in Nairobi’s Industrial Area for discharging life-threatening waste into Nairobi River.…
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