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More on Tag: Finance
14 May 2021
14th May 2021 Trade & Financial Services Round Up
KENYA Public debt relief helps cut Kenya payments by Sh78bn Kenya projects savings of up to Sh78.17 billion after it signed debt repayment moratoriums with several rich countries, lifting pressure on ...
14 May 2021
Finance Bill, 2021
TAX AMENDMENTS HIGHLIGHTS Introduction: The Finance Bill, 2021 was published on 05th May 2021. The reason for publishing the Bill early, as was the case in 2020, was to comply with the ruling by Justi...
7 May 2021
7th May 2021 Trade & Financial Services Round Up
KENYA NSE hits 34-month high on Safaricom, banks The value of investor wealth on the Nairobi Securities Exchange (NSE) hit a 34-month high of Sh2.62 trillion Thursday, lifted by a rally of the share p...
1 May 2021
At the peak of the Budget Cycle – FY 2021/2022
Oxygéne MCL in partnership with the Institute of Public Finance, Kenya (IPFK) launched the Shadow Budget Report for the Financial Year 2021/2022 on 28th April, 2021. The event was attended by stakeho...
30 Apr 2021
30th April 2021 Trade & Financial Services Round Up
KENYA Ajua acquires rival in drive for Africa small enterprises Kenya-based customer experience intermediary Ajua has acquired WayaWaya, a local artificial intelligence and machine learning firm. The ...
23 Apr 2021
23rd April 2021 Trade & Financial Services Round Up
KENYA Foreign investors pull Sh2 billion from NSE Foreign investors have withdrawn Sh1.98 billion from the Nairobi Securities Exchange (NSE) since January, with more than half of the takeaways coming ...
16 Apr 2021
16th April 2021 Trade & Financial Services Round Up
KENYA A majority of company chief executives in Kenya believe the high cost of doing business and taxation posed the biggest threat to their operations over the next 12 months. The survey found that a...
9 Apr 2021
9th April 2021 Trade & Financial Services Round Up
KENYA Call for Comments: Draft National Insurance Policy The National Treasury is in the process of developing a National Insurance Policy which aims at strengthening the policy, legal and regulatory ...
2 Apr 2021
2nd April 2021 Trade & Financial Services Round Up
KENYA Resumption of charges for transactions through Bank Specific (In House) Mobile Money Wallets The Central Bank of Kenya (CBK) today announced the resumption of charges for transactions above Ksh....
19 Mar 2021
19th March 2021 Trade & Financial Services Round Up
ETHIOPIA Deputy Prime Minister and Foreign Minister, Demeke Mekonnen told Ambassador of Saudi Arabia to Ethiopia Sami Jamil Abdullahi that Ethiopia is keen to resume the negotiation under the leadersh...
13 Mar 2021
12th March 2021 Trade & Financial Services Round Up
KENYA Payment of external debt nearly doubles in 6 months to Dec Repayment of principal sums owed to external lenders for six months through December 2020 nearly doubled in the lead-up to Treasury’s...
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...
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