Today is Tue, 16 Dec 2025
More on Tag: Finance
10 Feb 2023
10th February 2023 Trade and Financial Services Round Up
Kenya KRA set to tax hedging profits under new rules Kenyans engaging in transactions with foreigners to cushion them from volatility in financial markets will now be required to account for any profi...
10 Feb 2023
Sensible or an overkill: Where do the NSSF increments fall?
When the fourth president of Kenya, Uhuru Kenyatta, assented to the National Social Security Fund (NSSF) Act, 2013 early on in his first term, he may never have envisioned the controversy that was ahe...
3 Feb 2023
3rd February Trade and Financial Services Round Up
Kenya EPRA reveals second plan to increase cost of power The Water Resources and Management Authority (WARMA) is the latest State entity to seek a bigger pie of the electricity bills in what looks set...
3 Feb 2023
Hustler Fund: The question of defaulters amidst plans to roll out second phase
The Hustler Fund, which was launched late last year and has been in operation for over two months now, has so far disbursed Kshs. 15.9 billion in loans with about half of that money (Kshs. 7.7 billion...
27 Jan 2023
27th January 2023 Trade and Financial Services Round Up
Kenya Banks’ Sh224bn record profits signal bonus, dividends boom Banks’ pre-tax profits for 11 months to November last year hit a record Sh223.7 billion on increased lending, setting the stage for...
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
Michael Kamau Kamiru is a new board member at KRA
Mr Kamiru is currently the Head of Governance, Risk and Compliance, at Jubilee Allianz General Insurance Limited. He is a Finance Management and Risk Management professional with over 27 years of demo...
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 ...
20 Jan 2023
Economy 2023: How Kenya is preparing for global economic shocks
In the last few years, the global economy has been trying to cope with multiple shocks and economic uncertainties. This has been elicited by the Covid-19 pandemic, political instability, climate chang...
20 Jan 2023
New leadership team at Kenya Revenue Authority KRA Board of Directors
The government has, in recent days, spared no effort or platform to confirm its commitment to economic transformation as outlined in the Kenya Kwanza Manifesto. Tax compliance is one of the critical p...
13 Jan 2023
Cytonn’s dilemma in the face of liquidation order
A high court ruling in Kenya this week has ordered the liquidation of two funds owned by Cytonn Real Estate – Cytonn High Yields Solution (CHYS) and the Cytonn Real Estate Project Notes (CPN) &#...
25 Nov 2022
Broadening the tax base: A look at Financial Derivatives Regulations 2022
In the financial year 2022/23, Kenya government revenues are projected to increase to Ksh 2.4 trillion (17% of GDP), an increase from the Ksh 2.06 trillion (16.3 percent of GDP) collected in the year ...
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