Household bank deposits have surpassed Sh2 trillion for the first time, indicating that individuals’ cash holdings have grown over time. According to new Central Bank of...
This month, as part of a crackdown on fraud that has cost the government-run insurer billions of shillings, the State will conduct a lifestyle audit on...
In order to provide a framework for the appointment of trustees to manage a Deposit Guarantee Fund (DGF) to shield savers from losses on their more...
As a result of the government’s plan to impose an excise duty of Sh5 per kilogram of imported sugar at a time when a shortage of...
In the fiscal year that ended in December 2022, Co-operative Bank of Kenya created 520 new jobs as part of a national expansion that saw the...
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...
The strain on motorists has been lessened owing to fuel price reductions by the Energy and Petroleum Regulatory Authority (EPRA). EPRA’s monthly fuel update shows that...
According to a new survey, more than 90% of Kenyans oppose the Finance Bill, 2023, which contains the government’s taxation plan for the fiscal year beginning...