Civil servants have defaulted on repayment of Sh6.5 billion in loans they were given to acquire houses under a scheme...
In order to increase transparency and accountability in the use of public resources, the National Treasury has closed four transaction accounts and moved funds for government...
The National Treasury and Kenya Revenue Authority (KRA) have been at odds over tax enforcement and procedures for the past five years, and the dispute has...
Senators demanded that the Wajir County Government conduct a forensic audit of the pending bills after they grew from Sh1 billion to Sh5.5 billion in just two months,...
In the three months ending in March 2023, Equity Group’s profit after tax increased by 6.6 percent to Sh12.3 billion, boosted by an increase in non-funded...
As investor interest and activity increase globally, Environmental, Social, and Corporate Governance (ESG) reporting is picking up steam in Kenya and East Africa. In order to...
Despite a second try, infrastructure-based investment company TransCentury missed its Sh2 billion cash call target. The firm’s rights issue had a 40.13 percent success rate, according...
The Kenya shilling sank to a historic low of Sh124 against the US Dollar on Monday, coming at a time when Kenyans in the diaspora are...
Kenya has received a major boost with the disbursement of Sh55.1 billion worth of Special Drawing Rights (SDRs) by the International Monetary Fund (IMF). This follows...
Kenya’s dollar-denominated debt hit 69.3 percent of the country’s external debt in October, exposing the taxpayers to higher financing costs due to the sharp depreciation of...