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More on Tag: Business
5 Mar 2021
5th March 2021 Trade & Financial Services Round Up
KENYA City Hall seeks new terms for Sh4.5 billion KCB loan City Hall has revealed plans to restructure a Sh4.45 billion KCB Group loan in a bid to end a legal showdown with the lender and avoid proper...
26 Feb 2021
26th February 2021 Trade & Financial Services Round Up
KENYA Tech firm to set up regional data hub in Nairobi Kenya’s data centre market has a new suitor after Europe-based IXAfrica launched plans to build its ‘Africa Campus’ in Nairobi. IXAfrica ch...
19 Feb 2021
19th February 2021 Trade & Financial Services Round Up
The World Bank has named Senegalese national Makhtar Diop as the new managing director of its private sector arm, the International Finance Corporation effective March 1 2021. He becomes the first Afr...
12 Feb 2021
12th February 2021 Trade & Financial Services Round Up
KENYA Safaricom biggest winner in Sh1.6bn network upgrade Giant telecommunications firm, Safaricom is among five firms that have been awarded a Sh1.57 billion deal to build base transceiver stations t...
12 Feb 2021
The Africa Business Forum: Innovative finance to harness technology
Introduction The Virtual Opening of The Africa Business forum was held on the margins of the 34th Ordinary Session of the African Union Assembly Of Heads Of State And Government on 8th February 2021 a...
5 Feb 2021
5th February 2021 Trade & Financial Services Round Up
KENYA Jambo Pay obtains licence to operate MVNO service Online payments company Jambo Pay, owned by Web Tribe, has obtained a licence to operate an MVNO service, and says that its initial services wil...
5 Feb 2021
Minimum tax is an idea worth pursuing
Taxing businesses on profits as
it has always been means
that loss making entities
comfortably escape the
taxman’s noose. Bear
in mind that the onus of
determining profits or losses
rests on the tax...
30 Jan 2021
29th January 2021 Trade & Financial Services Round Up
KENYA Monetary Policy Committee (MPC) retain the Central Bank Rate (CBR) at 7 % The Monetary Policy Committee (MPC) met on January 27, 2021and assessed the outcomes of its policy measures deploy...
22 Jan 2021
22nd January 2021 Trade & Financial Services Round Up
KENYA Banks sucked into Sh24.5bn State stipends row The State Department for Social Protection has failed to account for Sh24.5billion stipends disbursed to the elderly, the disabled and orphans acros...
15 Jan 2021
15th January 2021 Trade & Financial Services Round Up
KENYA Anne Mwenda sworn-in as Nairobi deputy governor Anne Mwenda was on Friday sworn-in as Nairobi County’s third deputy governor following a swift confirmation process by ward representatives ...
18 Dec 2020
18th December 2020 Trade & Financial Services Round Up
KENYA Expiry of Emergency Measures to Facilitate Mobile Money Transactions and the Introduction of Principles to Guide Pricing On December 17, 2020 the Central Bank of Kenya (CBK) after consulting wit...
18 Dec 2020
Business Laws(Amendment) (No. 2), Bill, 2020
The Business Laws (Amendment) Bill (No.2), 2020 seeks to make various amendments to various statutes highlighted as follows: Clause 2 of the Bill seeks to amend the Law of Contract Act, Cap 23 t...
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