Business

KRA Makes Changes to Excise Duty Rates Effective December 27, 2024

KRA Makes Changes to Excise Duty Rates Effective December 27, 2024

The Kenya Revenue Authority (KRA) has announced adjustments to excise duty rates for various goods and services, following the enactment…
Ndiritu Muriithi Appointed as KRA Board Chair in Fresh State Appointments

Ndiritu Muriithi Appointed as KRA Board Chair in Fresh State Appointments

President William Ruto has appointed former Laikipia Governor Ndiritu Muriithi as the Chairperson of the Kenya Revenue Authority (KRA) Board…
Ruto Makes Major Changes in His Cabinet, State Corporations 

Ruto Makes Major Changes in His Cabinet, State Corporations 

President William Ruto made changes to the senior ranks of the executive, including nominations, reassignments, and appointments. The reshuffles and…
Tanzania’s Amsons Group Launches Ksh.23.6 Billion Bamburi Cement Buyout

Tanzania’s Amsons Group Launches Ksh.23.6 Billion Bamburi Cement Buyout

Tanzania’s Amsons Group has initiated its Ksh.23.6 billion acquisition of Bamburi Cement, one of Kenya’s leading cement manufacturers – according…
KRA Announces Key Changes to PAYE Following Tax Laws (Amendments) Act, 2024

KRA Announces Key Changes to PAYE Following Tax Laws (Amendments) Act, 2024

The Kenya Revenue Authority (KRA) has announced updates to the Pay-As-You-Earn (PAYE) computation following the implementation of the Tax Laws…
Tyme Becomes Africa’s Newest Unicorn After Securing $250M, Valuation Hits $1.5B

Tyme Becomes Africa’s Newest Unicorn After Securing $250M, Valuation Hits $1.5B

Tyme Group, the digital banking firm backed by South African billionaire Patrice Motsepe, has raised $250 million in its latest…
Shelter Afrique Development Bank Partners with African Union to Tackle Africa’s Housing Crisis

Shelter Afrique Development Bank Partners with African Union to Tackle Africa’s Housing Crisis

Shelter Afrique Development Bank (ShafDB) and the African Union (AU) have signed a Memorandum of Understanding (MOU) to address Africa’s…
Kenya Invites Tenders for Leasing Electric Vehicles

Kenya Invites Tenders for Leasing Electric Vehicles

Kenya’s National Treasury and Economic Planning has issued an open national tender inviting local and international firms to participate in…
Bitcoin Hits Record $106,000 Amidst Optimism Over Trump’s Cryptocurrency Stance

Bitcoin Hits Record $106,000 Amidst Optimism Over Trump’s Cryptocurrency Stance

Bitcoin has soared to an all-time high, continuing a remarkable rally that has pushed the cryptocurrency’s value up by more…
Saudi Group Offers $1.3 Billion to Acquire South Africa’s Barloworld

Saudi Group Offers $1.3 Billion to Acquire South Africa’s Barloworld

Saudi Arabia’s Zahid Group and its partners, Gulf Falcon Holding and Entsha, have proposed a $1.3 billion buyout of South…
Back to top button