Once new top tax bands proposed by the National Treasury take effect with the passage of the Finance Bill 2023, Kenya’s top earners who earn between...
The Kenya Revenue Authority (KRA) has filed a court petition to order the freezing of funds in three bank accounts held by various Chinese companies that...
Equity Group will pay RWF54.68 billion (Sh6.67 billion) for a controlling interest in a Rwandan bank, the most recent in a string of transactions that have...
Many parents struggle every day to find good childcare options for their kids after school and over the holidays. Due to their demanding work schedules, they...
The heavy debt load of the national carrier has caused concern among potential investors for the proposed Kenya Airways (KQ) equity stake sale, making it the...
Independent power producers (IPPs) have petitioned Parliament for permission to break Kenya Power’s monopoly and provide electricity directly to consumers. In order to prevent power theft,...
Following the receipt of a Sh139.3 billion ($1 billion) World Bank loan, Kenya’s foreign exchange reserves have increased above the necessary level of four months of...
Patrick Njoroge, the departing governor of the Central Bank of Kenya (CBK), has cautioned that the government will have a difficult time meeting its borrowing goals...
The World Bank has warned that the proposed tax changes in the Finance Bill 2023 will have a negative impact on households’ ability to make purchases...
In an effort to increase their already slim profit margins, oil marketers have petitioned Parliament to be exempt from the two percent withholding tax on their...