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KRA waives all penalties to taxpayers disclosing hidden arrears in 2021
By Kepha Muiruri,
1728, January 11, 2021 (EAT)
The Kenya Revenue Authority (KRA) will waive all penalties and interest to tax payers disclosing arrears in 2021 under its new voluntary tax disclosur...
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Low profit margin firms ‘punished’ in minimum tax roll out
By Kepha Muiruri,
1821, January 5, 2021 (EAT)
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...
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2020 review: Gor Mahia had more misses than hits
By Milton Ochieng,
1308, December 31, 2020 (EAT)
Chief writerGor Mahia Gor Mahia are undoubtedly the most successful football club in Kenya. With 19 league titles in their trophy cabinet and a ticke...
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2020 review: On public debt, it’s from the frying pan towards fire
By Kepha Muiruri,
1028, December 31, 2020 (EAT)
In a nutshell, Kenya’s stock of public debt stood at Ksh.1.3 trillion a decade ago, today, this stock has climbed to Ksh.7.1 trillion as of Septembe...
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Zenka named most outstanding mobile loans app of the year
By Citizen Reporter,
1603, December 23, 2020 (EAT)
Digital lender Zenka Finance Limited has been named the most outstanding mobile loans app of the year 2020 in the Pacesetter Award Kenya (PSA). PS...
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COVID-19 tax reversals to complicate tax filings for companies: KMPG
By Kepha Muiruri,
1410, December 18, 2020 (EAT)
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...
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Africa must risk capital for its youth, Adesina urges
By Citizen Reporter,
1355, December 17, 2020 (EAT)
Africa must leverage investment to unleash the potential and ingenuity of its youth, its most important asset, African development Bank President Akin...
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Desert locust upsurge continues to threaten food security in Horn of Africa
By Citizen Reporter,
353, December 17, 2020 (EAT)
A new generation of Desert Locust swarms is threatening agricultural and pastoral livelihoods and the food security of millions of people in the Horn ...
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Covid-19 leaves sporting holes that will never be filled
By Reuters,
937, December 14, 2020 (EAT)
There are still hopes for a Tokyo Olympics, Formula One crowned a 2020 champion and the Los Angeles Lakers celebrated an NBA title inside a quarantine...
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Treasury moves to correct error in minimum tax law
By Kepha Muiruri,
1544, December 9, 2020 (EAT)
The National Treasury has proposed changes to the minimum tax legislation which takes effect from January 1, 2021. Also Read: Financial hardships...
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Treasury unveils SME credit guarantee program
By Kepha Muiruri,
1632, December 8, 2020 (EAT)
The National Treasury has unveiled the long awaited small and medium enterprises (SME) credit guarantee scheme signalling relief for struggling small-...
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OPINION: Recovering from COVID-19 through greater youth economic inclusion
By Guest Writer,
1207, December 8, 2020 (EAT)
By Patrick Mutahi and Steven Rebello Just on nine months since the first case of COVID-19 was recorded in Egypt, more than 1,800,000 cases have bee...
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Banks put on the spot for mimicking ‘rogue’ digital lenders
By Kepha Muiruri,
1733, December 2, 2020 (EAT)
Commercial banks have been put on the spot for resembling digital lenders by saddling Kenyans with exorbitant mobile loans. This is as the traditio...
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Housing Finance loss expands by nearly eight times to Ksh.730M
By Kepha Muiruri,
1115, November 30, 2020 (EAT)
Housing Finance Group has announced a near eight time expansion in loss making across nine months to September 30 to Ksh.730.2 million. The greater...
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Stanbic Bank Kenya announces Ksh.3.6B profit after tax
By Citizen Reporter,
1318, November 27, 2020 (EAT)
Stanbic Bank Kenya has announced a Ksh. 3.6 billion after-tax profit for the period ended September 30, 2020 underpinned by solid balance sheet growth...
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Kenya lowers 2020 growth projection, sees rebound next year
By Reuters,
1251, November 26, 2020 (EAT)
Kenya has lowered this year’s economic growth projection because the first half turned out worse than expected, but growth is expected to rebound in...
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Citizen TV’s Dorcas Wangira is among 100 most influential young Africans
By Rachel Ombaka,
748, November 5, 2020 (EAT)
Dorcas Wangira, an award winning journalist at Citizen TV, has been announced as one of the 100 most influential young Africans in 2020. Also Read:...
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KRA eyes Ksh.5 billion from the digital economy by June next year
By Kepha Muiruri,
1910, November 4, 2020 (EAT)
The Kenya Revenue Authority (KRA) has set its sights on raising Ksh.5 billion from the digital economy in six months to June 2021. This ahead of th...
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Centum Real Estate to issue Ksh.4B project bond for housing projects
By Citizen Reporter,
1011, October 27, 2020 (EAT)
Centum Real Estate Limited, a subsidiary of the NSE-listed Centum Investment Company Plc, is looking to float a Ksh.4billion project bond to finance i...
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Sonko extends rent waiver on Nairobi County houses by six months
By Benjamin Muriuki,
1312, October 24, 2020 (EAT)
Nairobi Governor Mike Sonko has extended rent waiver for tenants residing in City County Government houses for six more months citing COVID-19 financi...
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