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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....
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Wakulima Market traders clash with police over relocation to Kangundo Road order
Sep 12, 2024 at 12:25 PM
Traders at Nairobi’s Wakulima Market found themselves in a tense standoff with county security officials on Thursday morning, as they resisted a forced relocation to the newly op...
AU calls for MSME innovation in Continental Free Trade Area opportunities
Sep 12, 2024 at 11:28 AM
The African Union (AU) has challenged African startups and micro, small, and medium-sized enterprises (MSMEs) to seize the vast opportunities presented by the African Continental F...
Kenyan law firm demands transparency from KETRACO over proposed Adani deal
Sep 12, 2024 at 10:14 AM
A Kenyan law firm has demanded transparency from the Kenya Electricity Transmission Company (KETRACO) over its reported agreements with Indian firm Adani Energy Solutions....
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Operations finally resume at Kenyan airports as KAWU officially calls off strike
Sep 11, 2024 at 10:22 PM
Air transport services across Kenya are set to return to normal following the Kenya Aviation Workers Union’s (KAWU) decision to call off a strike that caused widespread disruptio...
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 ...
Supreme Court to decide fate of Finance Act 2023 after hearing appeal by Govt
Sep 11, 2024 at 07:09 PM
In a landmark case with significant implications for Kenyan governance, the Supreme Court has wrapped up hearings on the government's appeal against the Court of Appeal's declarati...
Flight delays and cancellations as Kenya airport workers strike against Adani lease
Sep 11, 2024 at 01:26 PM
Kenya Airways is among airlines that issued alerts to its customers informing them of flight delays and cancellations due to the industrial action by employees at Jomo Kenyatta Int...
Why Kenyans won't be able to access M-Pesa services for over 4 hours tonight
Sep 10, 2024 at 01:01 PM
Kenya's leading telecommunications provider, Safaricom, has announced a planned disruption of its popular mobile money platform, M-Pesa, on Tuesday....
Audit reveals alarmingly low submission of financial results by county hospitals
Sep 10, 2024 at 10:57 AM
The Auditor General Nancy Gathungu has raised a red flag over the alarming number of county hospitals that have failed to submit their financial statements....
EPRA unveils advanced tracking system in Kenya to curb LPG cylinder theft
Sep 10, 2024 at 10:31 AM
The Energy and Petroleum Regulatory Authority (EPRA) has announced a groundbreaking initiative to combat LPG cylinder theft by deploying advanced tracking technology....
NCBA drives cybersecurity initiative for Kenyan SACCOs as threats increase
Sep 09, 2024 at 11:01 PM
NCBA Group has introduced a range of advanced banking solutions designed to help SACCOs improve their cybersecurity measures and streamline operations....
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...
New bill proposes annual licensing fee for bankers, pushes industry reforms
Sep 09, 2024 at 12:20 PM
A new bill introduced in the Kenyan Parliament seeks to establish a regulatory body for the country's banking sector....
Ruto calls for stronger China-Africa partnership to drive economic growth
Sep 05, 2024 at 11:42 PM
In a passionate appeal for a stronger partnership between China and Africa, President William Ruto has called on China to step up its efforts to help African nations access crucial...
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Absa Bank Kenya reveals advancing Sh60 billion in sustainable financing in 2023
Sep 05, 2024 at 05:24 PM
Absa Bank Kenya has taken significant steps in advancing sustainability, as highlighted in its 2023 Sustainability Report, "Banking on a Better, Sustainable Future"....
Samsung, Ethany Mobiphone partner to open new experience store in Buruburu
Sep 05, 2024 at 12:52 AM
Samsung Electronics East Africa, in collaboration with Ethany Mobiphone, has officially launched a new Samsung Experience Store in Buruburu, Nairobi....
Equity pushes for sustainable business model in its Sustainability Report 2023
Sep 04, 2024 at 07:18 PM
Equity Group unveiled its third annual sustainability report for 2023 themed “A sustainable world is a transformed Africa” as part of its pledge to socio-economic and environme...
Kwetu Nairobi: A new jewel in Hilton's curio collection debuts in East Africa
Sep 04, 2024 at 01:34 PM
Curio Collection by Hilton has made its debut in East Africa with the grand opening of Kwetu Nairobi, marking Hilton’s latest addition to the Kenyan capital....
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'Invested in Your Story': Absa launches campaign to boost client engagement
Sep 04, 2024 at 12:43 PM
Absa Bank Kenya has unveiled a groundbreaking Corporate and Investment Banking (CIB) campaign, titled "Invested in Your Story," aimed at redefining its approach to client engagemen...
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Stanbic Bank Kenya unveils two new investment funds in bid to drive growth
Sep 04, 2024 at 11:08 AM
Stanbic Bank Kenya has officially launched two new investment products, the Stanbic Money Market Fund (KES) and the Stanbic Fixed Income Fund (USD), following their approval by the...
Ruto seeks to strengthen Kenya-China ties as he attends FOCAC Summit
Sep 02, 2024 at 05:54 PM
President William Ruto has arrived in Beijing to attend the 9th Forum on China-Africa Cooperation (FOCAC) Summit, a significant event aimed at fortifying the relationship between A...
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World Bank appoints Qimiao Fan as new country director for East Africa
Sep 02, 2024 at 02:11 PM
The World Bank Group has announced the appointment of Qimiao Fan as the new country director for Kenya, Rwanda, Somalia, and Uganda....
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Over 21 million Kenyans, 14 million active borrowers recorded by Metropol CRB
Sep 02, 2024 at 10:32 AM
Metropol Credit Reference Bureau (CRB) Limited has recorded credit information for more than 21 million Kenyans and 800 businesses, reflecting the growing reach of credit data coll...
Treasury CS John Mbadi announces key committee for accounting transition
Aug 31, 2024 at 02:06 PM
Treasury CS John Mbadi has unveiled the formation of a Steering Committee to manage the shift from cash to accrual accounting across the National Government, County Governments, an...
