The Kenya Revenue Authority has activated its voluntary tax disclosure program (VTDP) as it moves to enhance revenue collection through enhanced compl...
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...
The East African Breweries Limited (EABL) has announced a 47.3 per cent dip in profit for the half year period ending in December 2020 to Ksh.3.8 bill...
The Kenya Revenue Authority (KRA) will waive all penalties and interest to tax payers disclosing arrears in 2021 under its new voluntary tax disclosur...
Kenyans are set to usher in the New Year with new pain after the approval of COVID-19 tax reversals by the National Assembly on Tuesday afternoon. Me...
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...
Banks earnings continue to take a beating from economic disruptions occasioned by the COVID-19 pandemic. This however is merely a secondary concern fo...
The Bank of Africa (BOA) Kenya Limited has been exempted from the Central Bank of Kenya (CBK) ownership rules for up to five years. The exemption b...
The East African Portland Cement Company (EAPCC) has announced an 18 per cent truncated loss to Ksh.2.8 billion in the year closing June 30. The na...
Electricity distributor Kenya Power and power producer KenGen have delayed the release of their financial results for the year ended June 30, 2020 whi...
Troubled retailer Tuskys has shut another branch inside Nairobi’s Central Business District (CBD) in a continuation of rent rows with landlords. ...
Tuskys Supermarket has disclosed the payment of Ksh.700 million to suppliers following its roll out of a new trading platform in July. The payments...
Insurer Sanlam has posted a Ksh.99.1 million loss through its first half of the year operations, wiping out a Ksh.639.8 million profit in a correspond...
Botswana based retailer Choppies has revealed loans worth Ksh.850 million in local banks at the end of its operations in the country in October last y...
The Kenya Deposit Insurance Corporation (KDIC) has deferred the implementation of the risk based premium model used in assessing the premium payable b...
Centum Group has retained its shareholder pay out at Ksh. 1.20 a piece or a combined Ksh. 798million after booking a 12 percent growth in the year end...
Uchumi creditors have voted to spare the lender from imminent dissolution by backing the firm’s proposed company voluntary agreement (CVA). The p...
East African Portland Cement Company (EAPC) has posted a Ksh.3.4 billion loss for the year ending June 30, 2019, returning to loss making after an yea...
The KCB Group has terminated all Mumias Sugar Company employee contracts backdating the implementation of the layoffs to September 20. In a press s...