Stories By Bernard Wafula
Expansion of Africa’s digital market spurs tax modernisation efforts
Oct 02, 2024 at 05:32 PM
As Africa's digital economy expands at an unprecedented rate, governments across the continent face the mounting challenge of modernising their tax systems to keep pace....
Equity Bancassurance offers lifeline to farmers with comprehensive insurance
Oct 02, 2024 at 01:09 PM
In a bid to secure the livelihood of Kenyan farmers amidst the unpredictability of agricultural risks, Equity Bancassurance Intermediary Limited is extending a comprehensive suite ...
Here is all you need to know about Safaricom's new M-Pesa Ratiba feature
Oct 01, 2024 at 03:35 PM
Safaricom has unveiled M-PESA Ratiba, a pioneering feature in mobile money that promises to revolutionise recurring payments....
Kenya poised for economic shift as central bank rate expected to drop
Sep 27, 2024 at 02:14 PM
Kenya’s financial landscape may soon witness a significant shift, with analysts forecasting a potential 0.5 per cent reduction in the Central Bank Rate (CBR)....
Central Bank targets Sh30 billion from reopened 10-year bonds auction
Sep 27, 2024 at 12:39 AM
The Central Bank of Kenya (CBK) has unveiled an ambitious plan to raise Sh30 billion from the reopening of two 10-year bonds, as it seeks to attract investors amid soaring interest...
Safaricom Investment Sacco rebrands as it eyes customer base, financial growth
Sep 25, 2024 at 10:41 AM
SIC Investment Co-operative, formerly known as Safaricom Investment Co-operative, has unveiled its new identity in a strategic move aimed at fostering growth and broadening its hor...
Safaricom secures Sh30 billion loan to strengthen its sustainability agenda
Sep 24, 2024 at 12:19 PM
In a bold move to cement its leadership in sustainability, Safaricom has secured a second Sh15 billion Sustainability Linked Loan, doubling its total to an impressive Sh30 billion....
KRA reduces VAT refund processing time from 102 to 41 days in drive for efficiency
Sep 24, 2024 at 10:21 AM
The Kenya Revenue Authority (KRA) has significantly improved the efficiency of its Value Added Tax (VAT) refund process, reducing the average processing time from a lengthy 102 day...
Free park access for Kenyans on Saturday as nation marks UN world tourism week
Sep 24, 2024 at 09:40 AM
Kenyans will enjoy free entry to the country's game reserves and parks on Saturday as part of the United Nations World Tourism Week celebrations....
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Safaricom consortium pumps Sh105 billion into Kenya's digital health systems
Sep 21, 2024 at 03:13 PM
Safaricom, Kenya's leading telecommunications company, has announced a significant investment of Sh104.8 billion in a consortium aimed at revolutionizing the country's healthcare s...
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Association of Special Economic Zones launched to enhance industrial growth
Sep 19, 2024 at 12:47 AM
In a significant stride towards industrialization, the Association of Special Economic Zones (ASEZ) was officially launched on Wednesday....
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Absa Bank partners with Visa to launch exclusive infinite card in metallic design
Sep 17, 2024 at 11:02 AM
Absa Bank Kenya has redefined luxury banking in Kenya with the introduction of its exclusive metallic Visa Infinite card....
SACCOs in Kenya experience resilient growth despite economic headwinds
Sep 16, 2024 at 09:29 PM
The performance of Regulated SACCOs in Kenya has shown significant growth across several key indicators despite challenges in remittances and a slight slowdown in loan growth rates...
KIPPRA report predicts 5.7 per cent economic growth for Kenya in 2024
Sep 13, 2024 at 03:57 PM
A recent report by the Kenya Institute for Public Policy Research and Analysis (KIPPRA) has projected Kenya’s economy to grow by 5.7 per cent in 2024, up from 5.6 per cent in 202...
Withholding Tax is not applicable on management, professional fees - TAT
Sep 12, 2024 at 09:39 PM
In a landmark decision, the Tax Appeals Tribunal (TAT) has reaffirmed that withholding tax is not applicable on management or professional fees under the Kenya-France and Kenya-Sou...
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Lobby group sues Safaricom, CA, over internet costs and access in Kenya
Sep 12, 2024 at 07:46 PM
A legal showdown has erupted in Kenya over the future of internet access, with a local lobby group challenging the dominance of existing providers and seeking to open the market to...
Absa Bank Kenya launches ‘Change Your Story’ campaign to grow digital banking
Sep 12, 2024 at 02:09 PM
Absa Bank Kenya has unveiled a new campaign aimed at encouraging customers to embrace digital banking and card payments....
Kenyans enjoy faster cargo clearance as KRA cuts processing time by two days
Sep 11, 2024 at 08:08 PM
Kenyans importing goods are now enjoying significantly faster cargo clearance times, thanks to the Kenya Revenue Authority (KRA) which has significantly improved the efficiency of ...
Kenyans to benefit from reduced VAT, tax relief as Govt unveils new budget plans
Sep 10, 2024 at 10:03 AM
The government has unveiled a significant economic reform package that could provide much-needed relief to struggling households and businesses....
KPC partners with Syokinet Solutions to spur high-speed internet capacity locally
Sep 09, 2024 at 07:26 PM
In a significant development aimed at advancing Kenya’s digital landscape, the Kenya Pipeline Company (KPC) has partnered with Syokinet Solutions to activate 1.6 terabits per sec...
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