Today is Sat, 21 Dec 2024
More on Tag: Business
17 Mar 2023
Dollar shortage, consequences and how Kenya can cut impact of the currency in future
Kenya has been facing a dollar shortage since March last year. This is an acute foreign exchange crunch, with the US dollar reserves dropping to their lowest in eight years. The Kenyan currency keeps ...
17 Mar 2023
Importation of cheap food by state firm is not without ripple effects
The Kenyan government announced that it will import large quantities of rice, cooking oil, sugar, wheat and beans duty-free through the Kenya National Trade Corporation (KNTC) as part of efforts to ...
10 Mar 2023
City Hall turns to Safaricom for revenue collection
Kenya City Hall turns to Safaricom for revenue collection Safaricom has inked a two-year deal with City Hall to offer a payment platform for Nairobi County services in a move set to lower pilferages i...
10 Mar 2023
Reawakening the circular economy discourse will edge Kenya toward sustainability
According to the World Bank (2021), Kenya is one of sub-Saharan Africa’s fastest developing economies. The Kenyan economy’s success has been bolstered by a stable macroeconomic environment...
3 Mar 2023
Supplementary Estimates for FY 2022/2023: An overview
The Select Committee on Budget and Appropriations submitted the report on the Supplementary Estimates for FY 2022/2023. In the supplementary budget, requests for reallocations and additional allocatio...
17 Feb 2023
An overview of the Tax Procedures Act (No. 29 Of 2015) (Common Reporting Standards) Regulations, 2023
The Tax Procedures (Common Reporting Standards) Regulations, 2023 took effect on January 1, 2023. The Regulations are significant steps towards the global movement to increase tax transparency due to ...
17 Feb 2023
Supplementary Budget 2022/2023: An Analysis
Recently, the National Assembly called for memoranda on the Supplementary budget 2022/2023 tabled before the House for approval. This budget was much awaited as President Ruto has promised to cut down...
3 Feb 2023
National Treasury Draft Green Fiscal Incentives Policy Framework
The National Treasury recently published the Draft Green Fiscal Incentives Policy Framework “the Framework” to steer Kenya’s economy onto a desired low-carbon climate-resilient green development...
27 Jan 2023
New appointment at Safaricom board
Mr. Adil Khawaja (MBS) has been appointed the Chairman of the Board of Safaricom PLC, having been appointed director at the same entity earlier. Mr. Khawaja currently serves as the Managing Partner at...
20 Jan 2023
Meet Samir Ibrahim a new board member at KAR
Mr Ibrahim is the Chief Executive Officer and Co-Founder of Sunculture Kenya Limited, a climate, solar, agriculture, food systems and security, water, financing and Internet of Things firm. He is also...
20 Jan 2023
Meet Dr Fancy Too a new Board Member at KRA
Dr Too is the Director, Graduate Programs (LLM and LLD) at the Strathmore University Law School. She has also previously served as the Dean, Kabarak University Law School. In social service, Dr Too is...
20 Jan 2023
20th January 2023 Trade and Financial Services Round Up
Kenya Users allowed to sue Safaricom over clients’ bank details access The High Court has allowed millions of Safaricom subscribers to join a class action suit against the telecoms operator ...
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