Business
Kenyans abroad avoiding banks
According to the World Bank, the reduced exchange rate and cash transfer fees in the banking industry are…
Business
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Tax proposals will reduce purchasing power-World Bank
It also portends harsher times ahead for businesses struggling with decreased demand as a result of the high…
Business
KRA given Ksh1.2 billion to hire spies to find tax evaders
In new efforts to increase revenue and reduce reliance on borrowing, the Kenya Revenue Authority has been given…
Business
Ksh45bn fuel subsidy arrears turned into bonds
According to individuals acquainted with the situation, the companies want their estimated Ksh45 billion in arrears to be…
Business
CBK approves Faraja lending product.
After nearly a year of waiting for regulatory approval, the Faraja product will be released later this month.…
Business
Sameer to get Ksh879m after land sale
The corporation, which has been carrying the land at the historical cost of merely Ksh15 million rather than…
Business
NHIF irregular tendering of multi-billion insurance
The NHIF published a tender for public servant and National Youth Service insurance despite the ministry’s advice. It…
Business
Ksh1.4 trillion ports lease plan,as Ruto make U-turn
In what appears to be a U-turn on the previous administration’s proposal to hand over ports to private…
Business
Why employers will face difficulties as of July 1
In the new tax mobilization and social welfare funds that the William Ruto administration is creating, employers will…