Why businesses must account for the Digital Services Tax

By Kepha Muiruri,

By 2017, about a quarter of the world’s population or about 1.3 billion people at the time had purchased goods online. This is according to data ...

Digital Services Tax , KRA

5 Reasons why Bitcoin is better than Fiat Money

By Agencies,

Since the introduction of Bitcoin in 2009, the preferences of the investors and traders are slowly moving towards the cryptocurrency market. There are...

When China and other huge nations dispatch digital currencies, will it commence worldwide chaos?

By Agencies,

Probably the most sweltering subject in cryptographic forms of money is the possibility of significant economies dispatching state-sponsored computeri...

Treasury CS Ukur Yatani now goes for Ksh.124 billion Eurobond

By Kepha Muiruri,

National Treasury Cabinet Secretary Ukur Yatani is set to make his debut in the international capital markets with a Ksh.123.5 billion Eurobond in the...

2021 Budget Policy Statement (BPS) , CS Ukur Yatani , Kenya's debt , National Treasury

Equity BCDC unveils new identity in DRC

By Citizen Reporter,

Equity Banque Commercial du Congo (Equity BCDC) has launched its new identity following the successful merger of Equity Bank Congo (EBC) and Banque Co...

Equity BCDC

CA kicks off project to avail telcom services to 17 marginalised counties

By Citizen Reporter,

The Communications Authority of Kenya (CA) has awarded contracts to five companies to roll out telecommunications cellular mobile network infrastructu...

Communications Authority of Kenya , Safaricom

Is online trading a safe way to invest in markets?

By Citizen Reporter,

COVID-19 has definitely disrupted several economies resulting in catastrophic losses but if one were to look at the financial markets' conditions, it ...

Elon Musk , Forex , GameStop , online trading

Understanding factors that cause stock prices to fluctuate

By Benjamin Muriuki,

Stock prices increase and decrease in value frequently, fluctuating sometimes by shocking amounts and in short periods of time. New traders or investo...

Forex Trading , stock market

KQ unveils cargo flights on repurposed Dreamliner craft

By Kepha Muiruri,

National carrier Kenya Airways (KQ) is expected to operate its first fully fledged cargo flight to London on the repurposed Boeing-787 Dreamliner craf...

cargo , coronavirus , Kenya Airways (KQ)

Gov’t urged to reinstate COVID-19 relief measures to aid economy

By Kepha Muiruri,

Members of the Institute of Certified Investments and Financial Analysts (ICIFA) have called on the government to reinstate relief measures to cover K...

COVID-19 , cushioning measures , Institute of Certified Investments and Financial Analysts (ICIFA)

How safe is Forex Trading in Kenya?

By Citizen Reporter,

The forex market is the largest financial market in the world that involves buying and selling, or exchanging, of currencies around the world. There a...

Capital Markets Authority , Forex Trading

CBK warns of a tougher and riskier economic outlook

By Kepha Muiruri,

The Central Bank of Kenya (CBK) has warned of a much tougher and riskier economic forecast for the 2021 as the Kenyan economy wades uncertain waters. ...

Central Bank of Kenya (CBK) , Dr. Patrick Njoroge , Kenya's economy

Loan defaults hit a Ksh.432B high even as banks restructure Ksh.1.63T in payments

By Kepha Muiruri,

Loan defaults have hit a high Ksh.432 billion in spite of banks restructuring payments on loans amounting to Ksh.1.63 trillion by the close of 2020. ...

Central Bank of Kenya (CBK) , loan defaulting , non performing loans (NPLs)

S.African wine and spirits maker Distell branches out into cannabis products

By Reuters,

South African wine, cider and spirits company Distell will soon be able to offer cannabidiol-infused drinks after taking a 20% stake in cannabis welln...

cannabis , Distell

Kenya misses out on full debt service suspension slice

By Kepha Muiruri,

The government has come under scrutiny for failing to take full advantage of opportunities presented by the Debt Service Suspension Imitative (DSSI). ...

debt , Debt Service Suspension Imitative (DSSI) , Treasury

After sitting on the fence, Kenya takes up debt-suspension offer

By Kepha Muiruri,

Kenya has agreed to take up the debt service suspension initiative (DSSI) after tiptoeing around the deal for months. The Paris Club which represen...

debt service suspension initiative (DSSI) , Kenya's debt , National Treasury

Low profit margin firms ‘punished’ in minimum tax roll out

By Kepha Muiruri,

High turnover but low profit margin yielding firms are expected to see the bitter end of the minimum tax effected at the start of the year. This is...

minimum tax , National Treasury

Equity Group Holdings to merge with Banque commerciale du Congo

By Citizen Reporter,

Equity Group holdings Plc (EGH) has received regulatory approval to merge Equity Bank Congo (EBC) and BCDC to form a new bank. Going forward, the n...

Banque commerciale du Congo , Equity

Cheki Kenya decries reduced car listings in 2020 as it celebrates 10-year anniversary

By Ian Omondi,

Leading car marketplace Cheki Kenya on Friday celebrated its 10th anniversary of operating in the country, however decrying a reduced number of vehicl...

Cheki Kenya , COVID-19 , Resian Leteipan

COVID-19 tax reversals to complicate tax filings for companies: KMPG

By Kepha Muiruri,

The reversal of COVID-19 tax cushioning measures is expected to lead to complications in accounting for company tax filings for the year. This is a...

coronavirus , KPMG , taxes