Gov’t tax relief cuts Kenya Power full year loss to Ksh.939M

By Kepha Muiruri,

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...

corporate tax , KENYA POWER

East African Portland Cement cuts loss to Ksh.1 billion

By Kepha Muiruri,

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...

East African Portland Cement (EAPC)

Kenya Power half-year profit sinks by 80% on bloated financing costs

By Kepha Muiruri,

Utility Company Kenya Power has seen its half year earnings across six months to December 31, 2020 slump by 80.1 per cent to Ksh.138 million from Ksh....

KENYA POWER

KRA begins receiving voluntary tax disclosure applications

By Kepha Muiruri,

The Kenya Revenue Authority has activated its voluntary tax disclosure program (VTDP) as it moves to enhance revenue collection through enhanced compl...

Kenya Revenue Authority (KRA) , voluntary tax disclosure program (VTDP).

Laikipia becomes fourth county to earn credit ratings

By Kepha Muiruri,

Laikipia has become the fourth County to earn credit ratings as the devolved units continue to gear up for independent borrowing. On Tuesday, the C...

GCR , Laikipia County.

Calm yet thorough, Mbungo out to reawaken sleeping giant Bandari

By Jacob Icia,

Jacob Icia at Mbaraki Sports Club Casa Mbungo is known for his trademark dressing , at least on match days. A sparkling white shirt, hitherto untuck...

Bandari , Casa Mbungo , FKF PL , League title

Change of tune as DP Ruto now criticizes gov’t over rising public debt

By Sam Ogina,

In a dramatic change of position, DP William Ruto launched a scathing attack at the government’s heavy borrowing saying it continues to cripple the ...

debt , ruto , Uhuru

How to make money with Bitcoin and Cryptocurrencies 2021?

By Citizen Reporter,

Not very long ago many experts and big players in the fintech world had suggested that cryptocurrencies, including Bitcoin, would quickly disappear. T...

First Lady Margaret Kenyatta rallies for community healthcare workers

By PSCU,

First Lady Margaret Kenyatta has said community health workers play a crucial role in the health sector as they reach out to those who are unable to a...

First Lady Margaret Kenyatta

WPP Scangroup CEO Bharat Thakrar suspended over alleged gross misconduct

By Citizen Reporter,

WPP-Scangroup Chief Executive Officer Bharat Thakrar and the Chief Finance Officer Satyabrata Das have been suspended. The Board of Directors said ...

Bharat Thakrar , Scangroup

President Kenyatta congratulates new IFC boss Makhtar Diop

By PSCU,

President Uhuru Kenyatta has congratulated Mr Makhtar Diop on his appointment as the new CEO of the International Finance Corporation (IFC), a member ...

IFC , Makhtar Diop

Kenya to complete grid connection to Ethiopia by June

By Kepha Muiruri,

Kenya is expected to complete the connection of its national grid with Ethiopia’s by June this year. Speaking during a tour to inspect various de...

Energy CS Charles Keter , Ethiopia-Kenya Inter-connector , KETRACO

Kenya’s debt exposures expected to cut 2021 growth prospects

By Kepha Muiruri,

Kenya’s growing exposure to debt is expected to trim 2021 growth prospects even as the economy rebounds from contraction in 2020. According to ec...

debt , John Gachora , NCBA Group

Nigeria’s Ngozi Okonjo-Iweala makes history as first woman, first African WTO head

By Reuters,

Three months after the Trump administration rejected her, former Nigerian finance minister Ngozi Okonjo-Iweala received unanimous backing on Monday to...

Ngozi Okonjo-Iweala , World Trade Organization

Kenya & IMF reach agreement on Ksh.262.7 billion 3-year loan

By Kepha Muiruri,

Kenyan authorities and the visiting team from the International Monetary Fund (IMF) have reached a staff-level agreement on the disbursement of a Ksh....

COVID-19 , International Monetary Fund (IMF) , National Treasury

Zimbabwe receives 200,000 doses of Sinopharm COVID-19 vaccines

By Reuters,

A plane carrying Zimbabwe’s first coronavirus vaccines, 200,000 doses donated by China, arrived in the capital Harare on Monday. A further 600,00...

COVID-19 , vaccine , Zimbabwe

Mukhisa Kituyi declares his 2022 presidential bid in Nairobi

By Benjamin Muriuki,

Immediate Former United Nations Conference on Trade and Development secretary general Mukhisa Kituyi has announced his presidential ambitions in the n...

2022 elections , Mukhisa Kituyi

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

KQ poised for Ksh.10B bailout by state

By Citizen Reporter,

The details of the additional cash injection into the national carrier-KQ- are contained in the supplementary budget tabled in the national assembly a...

kq