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More on Tag: Finance
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...
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
Kenya National Payments System (NPS) Vision and Strategy 2021-2025
The Central Bank of Kenya
has come up with Kenya
National Payments Vision
and Strategy 2021-2025
to regulate this area more
effectively. The paper is open
for public participation until the
31st of Ja...
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 ...
8 Jan 2021
2021 ushering in tax changes
Kenya has greatly been affected by the outbreak of Covid-19 that was subsequently declared a global Pandemic. Businesses had to minimize their activities due to the Pandemic. This led to job cuts, unp...
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...
11 Dec 2020
Kenya on course to implement global tax exchange of information protocols by 2022
SPECIAL FEATURE: The Kenya Government has reiterated its commitment in implementing international standards on transparency and exchange of information for tax purposes as part of a national effort to...
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