Business

Uganda Doing Better Than Kenya Despite Low Fuel Cost; This is how

Uganda Doing Better Than Kenya Despite Low Fuel Cost; This is how

Life in Uganda has become even more affordable, but you wouldn’t notice until one visits President Museveni-led country. In February…
Shilling Gain Helps Ease Kenya’s Inflation to 2-year Low

Shilling Gain Helps Ease Kenya’s Inflation to 2-year Low

Kenya’s inflation eased to a two-year low according to the latest data by the Kenya National Bureau of Statistics (KNBS).…
How Major Banks in Kenya Performed in 2023 Full-Year Results

How Major Banks in Kenya Performed in 2023 Full-Year Results

Last week, I&M Group, DTB Group, Equity Group, and NCBA Group reported their FY 2023 results, closing the FY 2023…
Shelter Afrique Dev. Bank Presents Papers to Kenya For Affordable Housing Push

Shelter Afrique Dev. Bank Presents Papers to Kenya For Affordable Housing Push

Shelter Afrique Development Bank (ShafDB) has presented its credential papers to Kenya to help with President William RFuto’s Affordable Housing…
CBK Seeks Ksh.40 Billion in Domestic Market for Budgetary Support

CBK Seeks Ksh.40 Billion in Domestic Market for Budgetary Support

The Central Bank of Kenya (CBK) has put on auction a Ksh.40 billion bond in the domestic market. It is…
National Treasury Receives Ksh.5 Billion from Kenya Pipeline in Dividends

National Treasury Receives Ksh.5 Billion from Kenya Pipeline in Dividends

The Kenya Pipeline Company (KPC) has declared an interim dividend payment of Ksh. 5 billion to the National Treasury for…
DP Gachagua Directs Formation of Team to Implement Education Reforms

DP Gachagua Directs Formation of Team to Implement Education Reforms

Deputy President Rigathi Gachagua has asked the Ministry of Education and the Teachers Service Commission (TSC) to establish a technical…
Equity Group Sees its Net Profit Down 5% to Ksh.43.7 Billion

Equity Group Sees its Net Profit Down 5% to Ksh.43.7 Billion

Equity Group Holdings (EGH) experienced a decline in after-tax profit to Ksh.43.7 billion. This represents a 5% drop, making it…
NCBA After Tax profit up 56% to Ksh.21.5 billion

NCBA After Tax profit up 56% to Ksh.21.5 billion

NCBA Group has posted an after-tax profit of Ksh.21.5 billion in its Full Year 2023 results, representing a 56% uptick…
KRA Urges Businesses to Declare Invoices for Seamless Tax Compliance with eTIMS

KRA Urges Businesses to Declare Invoices for Seamless Tax Compliance with eTIMS

The Kenya Revenue Authority (KRA) has called on businesses to declare their invoices through the electronic Tax Invoice Management System…
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