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More on Tag: Finance
11 Dec 2020
11th December 2020 Trade & Financial Services Round Up
KENYA Treasury bonds trade falls as CBK mops up shilling The value of bonds traded in the secondary market at the Nairobi Securities Exchange fell by a fifth in November compared to October, as invest...
4 Dec 2020
4th December 2020 Trade & Financial Services Round Up
KENYA The return of Pre-COVID taxes on VAT and Income Tax The Office of the Cabinet Secretary for Treasury and Planning has released a press statement today stating that the preCOVID tax rates o...
27 Nov 2020
Demystifying Digital Service Tax
On 27th November, 2020, the Kenya Revenue Authority (KRA) hosted an online sensitization forum on Digital Service Tax (DST). In his presentation, Mr. Nickson Omondi provided highlights of the policy a...
27 Nov 2020
27th November 2020 Trade & Financial Services Round Up
KENYA KCB Group PLC and Atlas Mara Limited Sign Acquisition Deal for Rwanda, Tanzania Banking Businesses.The Proposed transaction will see KCB acquire Banque Populaire du Rwanda Plc (BPR) and African ...
20 Nov 2020
20th November 2020 Trade & Financial Services Round Up
KENYA The Public Sector Hearings for FY 2021/22 and Medium -Term period The National Treasury and Planning has organized the Public Sector Hearings for FY 2021/22 and Medium-Term period on 25th – 27...
20 Nov 2020
Appointment of Chief Executive Officer at the Capital Markets Authority
On 19 th November, 2020 it was confirmed that the Cabinet Secretary for National Treasury & Planning, Hon. (Amb.)Ukur Yatani, EGH, had approved the appointment of Mr. Wyckliffe Shamiah as the Chie...
13 Nov 2020
Summary of the consolidated government investment report 2019/2020
Introduction The Consolidated Government Investment Report 2019/2020 (“the Report”) is put together in accordance with Section 89 of the Public Financial Management Act, 2012. The Section re...
13 Nov 2020
13th November 2020 Trade & Financial Services Round Up
KENYA Kenya set to shift to e-visa services in 2021 The Kenyan government on Tuesday, 3 November announced a shift to e-visa services effective 1 January 2021. The Department of Immigration Services s...
6 Nov 2020
6th November 2020 Trade & Financial Services Round Up
KENYA Petrol, electricity prices to rise on new levy plan Consumer prices of petroleum and electricity are set to climb if Parliament approves a new taxation formula aimed at boosting the finances of ...
6 Nov 2020
KRA Commissioner General elected as member of ATAF executive arm
The Commissioner General of the Kenya Revenue Authority was nominated as a Member of the Governing Council of the Africa Tax Administration Forum (ATAF). He was voted during the ATAF General Assembly ...
6 Nov 2020
Highlights of Virtual 2020 Taxpayers Day- 6th November 2020
The main objective of the occasion was to recognize taxpayers from various sectors of the economy for their contribution towards nation-building. This year’s celebration is anchored on the theme; ...
30 Oct 2020
30th October 2020 Trade & Financial Services Round Up
KENYA NBK gets relief in Sh500m debt tussle with Ecobank The National Bank of Kenya (NBK) has won a temporary reprieve after the Court of Appeal halted a demand for payment of over Sh500 million to Ec...
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