The debt load inherited from previous administrations is highlighted by the government of President William Ruto’s budget of Sh7 trillion to pay debt in its first...
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...
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...
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,...