In the year that ended in December, Stanbic Holdings sent Sh944 million in franchise fees to its South African parent company Standard Bank, an increase of...
As it enters the general insurance sector, Equity Group Holdings is aiming for a larger share of Kenya’s insurance market. This implies that Equity will engage...
In order to expand its operations into the larger East African market, Nigerian fintech startup Grey has chosen Kenya as its East African hub. The expansion...
In its pursuit of tier, I status, Family Bank is looking to raise up to $100 million (Sh13.7 billion) through a private placement to finance acquisitions...
The National Bank of Ethiopia has granted Safaricom Ethiopia a license, enabling the telco to expand its profitable mobile money operation to the unexplored Horn of...
A B2B agritech marketplace has been developed by SC Ventures, the fintech, investment, and innovations arm of Standard Chartered Bank, to support e-commerce transactions by smallholder...
Starting on June 1st, 2023, all VAT-registered businesses must only accept electronic invoices from registered taxpayers. The move is compliant with the VAT (Electronic Tax Invoice)...
Due to the rising cost of borrowing brought on by the Central Bank’s tightening of monetary policy and the high rate of inflation, Kenyans have less...
Absa Bank Kenya has partnered with AMREF Flying Doctors to provide its customers in the Eastern African region with a discounted, air and ground ambulance scheme....
If new Treasury proposals are approved, businesses and individuals who are battling the Kenya Revenue Authority (KRA) in court over tax demands will be required to deposit...