State ends bailouts for KQ to pave way for restructuring
Kenya Airways (KQ) is among several State entities that the Treasury has denied funding in the financial year…
Business
Business
Safaricom to buy M-Pesa cash firm from Vodafone
Safaricom is set to buy M-Pesa Holding Company Limited — the firm that holds hundreds of billions of…
Business
Changes in pump prices after President Ruto proposes 16 percent VAT
Pump prices will nearly breach the Sh200 per litre mark if Parliament approves a proposal by President William…
Business
Kenyan fintech M-Kopa raises record Sh35bn in debt and equity
Solar and asset financing firm M-Kopa has secured Sh35 billion ($255 million) financing in new debt and equity…
The A to Z of the 2023 Finance bill
The 2023 Finance Bill seeks to amend various laws relating to taxes and duties with the goal of…
Why it is harder to survive on KSh46,355 a month in Nairobi
It is no longer easy to survive on a salary of Sh46,355 in Nairobi, given the exposure of…
Business
Safaricom becomes the first foreign firm to get such a permit in the largely unbanked nation
Ethiopia has issued Kenya’s telecom giant Safaricom a license to operate mobile money services, the first foreign firm…
Business
Banker John Ngumi pays Sh111m tax for his Telkom deal fees
Investment banker John Ngumi last month paid a tax of Sh111.9 million from his juicy fee for advising…
Business
Kenya seeks $600 million loan from International Banks
The Kenyan President William Ruto is seeking a $600 million loan from International Banks to help plug the…