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KRA imposes five-day deadline for employers on tax for employee perks
Jul 25, 2024 at 07:12 PM
The Kenya Revenue Authority (KRA) has introduced a swift turnaround for the remittance of withheld tax from welfare benefits, mandating that employers now submit these payments wit...
Kenyan mobile money transactions witness decline amid economic strain
Jul 24, 2024 at 11:07 PM
Kenya’s once-booming mobile money sector is showing signs of strain as the country grapples with economic challenges....
Ruto appoints 4 Raila men, returns 5 allies in final batch of cabinet nominees
Jul 24, 2024 at 02:09 PM
In a bold and strategic move, President William Ruto has completed the formation of his Cabinet with the nomination of new Cabinet Secretaries (CSs), adhering to the legal requirem...
KAA finally addresses JKIA secret leasing deal with Indian firm amid controversy
Jul 24, 2024 at 01:44 PM
Conflicting statements have emerged regarding the future of Jomo Kenyatta International Airport (JKIA), a strategic national asset in Kenya....
MEWS: City cat owners to pay Sh200 in annual license fee in proposed regulation
Jul 24, 2024 at 12:34 PM
Cat owners in the city might soon be required to license and vaccinate their pets, under new regulations introduced by the Nairobi County Government....
Kenya Airports Authority grapples with Sh13.8 billion mounting debt crisis
Jul 24, 2024 at 11:14 AM
The Kenya Airports Authority (KAA) is grappling with a mounting financial crisis, facing a staggering Sh13.8 billion in outstanding claims....
Nairobi Securities Exchange experiences divergent trends in Q2 2024
Jul 23, 2024 at 11:26 PM
The Nairobi Securities Exchange (NSE) presented a mixed performance during the second quarter of 2024, as detailed in the latest Capital Markets Authority (CMA) Quarterly Statistic...
Smallholder farmers to benefit from new Equity Group and WFP Partnership
Jul 23, 2024 at 05:17 PM
Smallholder farmers are set to benefit significantly from a newly inked partnership between Equity Group and the World Food Programme (WFP), which aims to provide financial literac...
JKIA on high alert as Gen Z vow to proceed with anti-Ruto protests
Jul 22, 2024 at 10:53 PM
Jomo Kenyatta International Airport (JKIA) is bracing for potential disruptions as it faces a looming threat from Gen Z protestors who have vowed to occupy the facility....
Standard Chartered highlights major sustainability advances in 2023 report
Jul 22, 2024 at 10:01 PM
Standard Chartered has outlined significant strides in its sustainability journey, as detailed in its 2023 Sustainability Progress Report released on Monday....
Train ride to Mombasa will cost you Sh12K on new Kenya Railways premium coaches
Jul 22, 2024 at 07:50 PM
A new chapter in Kenyan rail travel is set to unfold as Kenya Railways Corporation (KRC) introduces 20 opulent passenger coaches to its Madaraka Express service....
Court clears path for Nairobi Upper Hill Hotel auction in fierce legal row
Jul 22, 2024 at 04:27 PM
National Bank of Kenya has secured a court order paving the way for the auction of the Nairobi Upper Hill Hotel....
CBK report reveals shocking regulatory breaches by 12 commercial banks in 2023
Jul 19, 2024 at 11:15 PM
A fresh report by the Central Bank of Kenya (CBK) has unveiled a worrying trend of regulatory breaches within the country’s banking sector....
Kenya faces transport paralysis in seven days as Sh7 fuel levy sparks wide outrage
Jul 19, 2024 at 08:57 PM
A potential transport crisis is looming large over the nation as transport service providers issue a seven-day ultimatum to the government over a newly imposed road maintenance lev...
Kenya Ports Authority official arrested over Sh6.4 million 'insider' tender scandal
Jul 19, 2024 at 04:53 PM
A Kenya Ports Authority (KPA) employee, Janet Mwendwa, was on Friday apprehended by the Ethics and Anti-Corruption Commission (EACC) over allegations of conflict of interest and pr...
CBK faces investor confidence challenge as bond sale underwhelms
Jul 18, 2024 at 11:53 PM
The Central Bank of Kenya (CBK) has encountered fresh challenges in its debt management strategy, underscored by a starkly underwhelming performance in this month’s bond auction....
EACC nabs 5, seeks 8 others over links to Sh450 million prison supplies fraud
Jul 18, 2024 at 11:13 PM
Five senior officials of the State Department for Correctional Services were arrested on Thursday by the Ethics and Anti-Corruption Commission (EACC) over the alleged theft of Sh45...
Amsons Group faces Sh682m break-up fee should its Bamburi Cement bid flop
Jul 18, 2024 at 09:46 PM
Tanzanian conglomerate Amsons Group has outlined a Sh682.7 million ($5.31 million) break-up fee should its proposed acquisition of Nairobi Securities Exchange-listed cement manufac...
Postal Corporation shocks its customers with massive MPost price hikes
Jul 18, 2024 at 02:16 PM
Postal Corporation of Kenya (PCK) has announced significant price revisions for its MPost service, effective from July 5, 2024, impacting both corporate entities and individual use...
Kenyan-owned Swahili Village DC ordered to pay over Sh68 million in wage theft settlement
Jul 18, 2024 at 12:05 PM
In a significant victory for worker's rights, Swahili Village DC, a popular fine-dining restaurant, has been ordered to pay Sh68.8 million to settle a 2023 wage theft lawsuit filed...
'Linda Biz': ABSA, Old Mutual partner to launch innovative insurance product for SMEs
Jul 17, 2024 at 11:49 PM
Absa Bank Kenya has teamed up with Old Mutual Kenya to launch Linda Biz, a comprehensive and affordable insurance product tailored to the unique needs of Small and Medium Enterpris...
Debunked: 9 leading insurance myths that you should not believe in
Jul 17, 2024 at 06:28 PM
Confused about whether insurance is a labyrinth of perplexing terms or a safety net for life's unexpected events?...
What Stanbic Bank, IHRM partnership means for local HR professionals
Jul 17, 2024 at 12:03 PM
In a significant development for the Kenyan Human Resource (HR) profession, the Institute of Human Resource Management (IHRM) has entered into a strategic partnership with Stanbic ...
Sh20 billion budget cut for counties as Ruto declines to sign revenue bill
Jul 16, 2024 at 05:54 PM
County governments are facing a budget squeeze after President William Ruto declined to assent to the County Allocation of Revenue Bill, 2024....
Motorists Association opposes controversial Sh7 fuel levy hike
Jul 16, 2024 at 02:12 PM
The Motorists Association of Kenya (MAK) has lodged a formal objection to the recent rise in the road maintenance and fuel levy, arguing that the process lacked transparency and le...
3.2 million Kenya Power customers yet to update prepaid meters ahead of deadline
Jul 16, 2024 at 12:45 PM
Kenya Power has issued a call to action for 3.2 million of its customers who have yet to update their prepaid meters, stressing the importance of completing this process by 31st Au...
Kenya Airways flight cancellations leave stranded passengers fuming in Dubai
Jul 16, 2024 at 12:41 AM
Disgruntled passengers faced a frustrating six-hour ordeal at Dubai International Airport on Sunday morning after Kenya Airways (KQ) abruptly cancelled two flights scheduled to Nai...