KENYA Safaricom gets Sh46bn loan for Addis licence Standard Chartered Bank Kenya was one of the major banks that lent Safaricom a total of $400 million (Sh46.3 billion) last year, helping the te...
KENYA Kenya delays talks on 15pc cut in power bills The State is yet to open talks for a review of power purchase agreements signed over the years by Kenya Power, signalling further delay of the...
The essence of administration is to rescue companies that are under financial distress while safeguarding the interests of creditors and other stakeholders in the company. One of the key objectives of...
KENYA Fuel prices to hit highest in Kenya’s history without subsidy Petrol prices will from midnight increase to the highest level in Kenya’s history unless the State subsidises the rising cru...
The good news from the Budget Statement was that fuel would be spared the proposed 10 per cent increase in Excise Duty that the Treasury has asked the National Assembly to impose on Kenyans when the F...
The Tax Talk Series hosted by the Kenya Revenue Authority held a webinar on April 8, 2022, to discuss the post budget effects on taxes. The session which lasted for close to an hour was moderated by N...
KENYA Taxpayers to deposit 50pc of disputed tax at CBK before suing KRA Firms and individuals fighting the Kenya Revenue Authority (KRA) in courts over tax demands will have to deposit 50 percen...
Every party took something from the judgement by the Supreme Court that ended the journey for the bid to amend the Constitution that started with the Building Bridges Initiative. Tho...
KENYA Monetary Policy Committee report indicates strong economic performance amid gnawing global pressure The Monetary Policy Committee (MPC) met on March 29, 2022, against a backdrop of a chang...
KENYA Fertiliser crisis looms on Sh5.7bn subsidy row MPs want President Uhuru Kenyatta to order the reinstatement of a Sh5.7 billion fertiliser subsidy that the Treasury has removed from the supplemen...
Digital lenders have up to September 2022 to comply with regulatory requirements, including licensing by the Central Bank of Kenya (CBK). The Central Bank of Kenya (Digital Credit Providers) Regulatio...
KENYA Banks abandon CBK’s SME mobile loans deal Four lenders selected by the Central Bank of Kenya to give low-cost mobile loans to small businesses under a programme dubbed ‘Stawi’ have a...