Stanbic Holdings Plc has announced an 18.7 per cent dip in profit after tax with earnings for the year ending in December 2020 falling to Ksh.5.2 bill...
Mitumba imports are not in direct competition with new clothes including locally manufactured textiles according to a new report. According to the ...
Kenya’s recently concluded economic partnership agreement with the United Kingdom has come under sharp scrutiny with observers warning of a backdoor...
Kenyan private sector firms have continued to trim employee salaries further as the demand for goods and services staggers. Also Read: Pain for Ken...
Employers represented by the Federation of Kenyan Employers (FKE) have warned of further job cuts as business struggle to thrive under higher taxes. ...
Kenya Power full year loss contracted from an initial Ksh.2.98 billion to Ksh.939 million from tax credits earned from the relief on corporation tax p...
Manufacturer East African Portland Cement Company (EAPC) has cut its half year loss through December 31, 2020 to Ksh.1 billion from Ksh.1.6 billion la...
Electricity generating firm KenGen has reported a 37.8 per cent profit decline in six months of operations to December 31, 2020 with earnings falling ...
The Kenya Revenue Authority has activated its voluntary tax disclosure program (VTDP) as it moves to enhance revenue collection through enhanced compl...
The government has shed Ksh.62.1 billion in earnings from pay as you earn (PAYE) with the tax head being the worst hit by COVID-19 related disruptions...
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 taxi drivers in Kenya are seeking worker benefits following a landmark ruling relating to the treatment of the drivers by companies in the U.K...
Tax receipts across the month of January fell by six per cent to stand at Ksh.111.3 billion from Ksh.118.3 billion last year. This is according to ...
BAT Kenya has announced a 41 per cent growth in profit for the year ended December 31, 2020 to Ksh.5.5 billion from Ksh.3.9 billion in 2019. The hi...
The Central Bank of Kenya (CBK) has transferred Ksh.5 billion to the National Treasury as its substantive dividend covering operations in the year end...
Kenyan authorities and the visiting team from the International Monetary Fund (IMF) have reached a staff-level agreement on the disbursement of a Ksh....
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...
Kenya’s debt repayment costs in the year ending on June 30 have shot up by Ksh.53.7 billion in spite of relief on external repayments. According ...
A businessman, Patrick Murimi Mwangi, was arraigned before Milimani Chief Magistrate for being in possession of uncustomed goods and excisable stamps....
Members of the Institute of Certified Investments and Financial Analysts (ICIFA) have called on the government to reinstate relief measures to cover K...