Finance
-
Relief for Kenyan online businesses as Treasury seeks to exempt locals from digital tax
The National Treasury is now pushing to exempt local businesses from the Digital Service Tax (DST). Under the 2021 Finance…
Read More » -
Three firms directors charged with Ksh.12 million tax fraud
Three people have been charged before the Milimani law court Chief Magistrate Francis Andayi with several counts of tax frauds…
Read More » -
Kenya to spend Ksh.7 billion to procure COVID-19 doses
The National Treasury and Planning Cabinet Secretary, Ukur Yatani has assured Kenyans that the government has made adequate budgetary provisions…
Read More » -
3 NSE listed companies delay release of financial results
Three listed companies on the Nairobi Securities Exchange (NSE) have delayed the release of their financial reports for the year…
Read More » -
Britam slumps into Ksh.9.8 billion pretax loss
Listed insurance group, Britam Holdings has announced a pretax loss of Ksh. 9.7 billion for the financial year ended December…
Read More » -
Tuskys Supermarket announces up to 90% discount sale on selected inventory categories
Local retailer Tusker Mattresses Ltd is set to roll out an up to 90 percent discount sale this weekend at…
Read More » -
Remittances to Kenya up 27% to Ksh.31 bn as US tops source list
The United States remains the largest source of remittances into Kenya, accounting for 55.9 percent of remittances in March 2021…
Read More » -
KRA collects over Ksh.21 billion through out-of-court deals
The Kenya Revenue Authority (KRA) collected over Ksh.21 billion through out-of-court deals reached through its Alternative Disputes Resolution (ADR) mechanisms.…
Read More » -
Chase Bank assets to be sold off to pay existing debts
The Central Bank of Kenya (CBK) has approved the liquidation of Chase Bank. This means the lender’s assets will be…
Read More » -
Jubilee Holdings posts Ksh.5.08 billion pre-tax profit for FY 2020
Jubilee Holdings Limited (JHL) posted a Ksh.5.08 billion pretax profit for the period ended December 31, 2020, denoting a 1.4…
Read More »
