Business

Over 100 car owners face 5-year jail term as import duty evasion probe takes cause

Over 100 car owners face 5-year jail term as import duty evasion probe takes cause

The Kenya Revenue Authority (KRA) is looking for 119 cars that were shipped into the country but failed to go…
Saudi Arabia lays path to creating viable Islamic securitisation and covered bond markets

Saudi Arabia lays path to creating viable Islamic securitisation and covered bond markets

Saudi Arabia ( rated A1 positive by Moody’s) is the largest Islamic finance market globally and Moody’s expects the Saudi…
Equities Market Tumble after Large-cap Stocks Take Hit

Equities Market Tumble after Large-cap Stocks Take Hit

The equities market was on a downward trajectory in the past week, with NASI declining the most by 2.2%, while…
Caetano Kenya Unveiled as Official Renault Trucks Distributor in the Kenyan Market

Caetano Kenya Unveiled as Official Renault Trucks Distributor in the Kenyan Market

Caetano Kenya is now the official distributor of Renault Trucks in Kenya following the partnership which was announced on September…
Women to access up to Ksh.7mn unsecured loan as Family rolls out 2-yrs Ksh.50 bn kitty

Women to access up to Ksh.7mn unsecured loan as Family rolls out 2-yrs Ksh.50 bn kitty

Family Bank has unveiled an exclusive woman banking proposition dubbed ‘Queen Banking’ and set aside Ksh.50 billion kitty for the…
Why Kenya’s immediate financing risks remain despite proposed tax measures

Why Kenya’s immediate financing risks remain despite proposed tax measures

President William Ruto’s administration’s draft revenue measures would provide fiscal space, but more immediate financing risks remain, this is according…
Safaricom Approved To Increase M-PESA Transaction Limits to Ksh.250,000

Safaricom Approved To Increase M-PESA Transaction Limits to Ksh.250,000

Safaricom has today increased M-PESA transactions limit to Ksh.250,000 for each transaction.The move will see the addition of a new…
Ruto challenges global community to mobilise resources for SDG goals

Ruto challenges global community to mobilise resources for SDG goals

President William Ruto has called on the international community to mobilize and direct resources towards addressing impediments to Sustainable Development…
Shelter Afrique, DRC sign MOU to scale-up affordable housing projects

Shelter Afrique, DRC sign MOU to scale-up affordable housing projects

Shelter Afrique has signed a Memorandum of Understanding (MoU) with the government of the Democratic Republic of Congo (DRC) to…
Ruto inks Ksh.8.7 billion deal with US firm for electric buses

Ruto inks Ksh.8.7 billion deal with US firm for electric buses

President William Ruto signed a Ksh.8.7 billion deal with the United States (US) foreign aid agency MCC for the acquisition…
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