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)

OPINION: KDF – A showcase on effective communication

By Guest Writer,

By Alfred Ng’ang’a A few decades ago while growing up within the environs of military barracks’ in Nanyuki town, I remember my deep admir...

KDF

KenGen half year profit down by 38 per cent to Ksh.5.1 billion

By Kepha Muiruri,

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 ...

kengen

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).

Gov’t earnings from PAYE drop by Ksh.62.1 billion in one year

By Kepha Muiruri,

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...

COVID-19 , National Treasury , PAYE

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.

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

Samburu becomes twelfth county assembly to pass BBI Bill

By Citizen Reporter,

The Samburu County Assembly has overwhelmingly passed the BBI Bill, becoming the twelfth assembly in Kenya to do so. Reports say all the MCAs voted ...

BBI

New twist as Kivutha Kibwana now drums support for BBI

By Tonny Ndungu,

Machakos Governor Alfred Mutua and his Makueni Counterpart Kivutha Kibwana have backed the push for constitutional amendments through the Building Bri...

Ruto: ‘Since when did it become a crime to be friends with the DP?’

By DPPS,

Deputy President William Ruto has said it is unfair for leaders to be relieved of their duties because of their association to him. Speaking in Kab...

BBI , ruto

The evolution of cryptocurrency as a payment gateway

By Agencies,

It is commonly believed and perceived that the global economic structure has many issues and its structure is extremely complicated because of the inv...

January tax receipts down 6pc at Ksh.111.3B

By Kepha Muiruri,

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 ...

Kenya Revenue Authority (KRA) , National Treasury , taxes

Bitcoin: A hub of investing and trading opportunities

By Citizen Reporter,

Being a peer to peer digitally decentralized cryptocurrency, Bitcoin has experienced multiple ups and downs since its invention back in 2009. Recently...

Bitcoin: Dawn of new era

By Citizen,

The worth of it rises to the sky when the world’s richest man, Elon Musk, the owner of the tesla company claims the use of bitcoin also that he will...

BAT profit rises by 41pc to Ksh.5.5B on lower costs, taxes

By Kepha Muiruri,

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...

BAT Kenya

Central Bank of Kenya pays Treasury Ksh.5B ‘dividend’

By Kepha Muiruri,

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...

Central Bank of Kenya (CBK) , National Treasury

NSE joins 30% club to promote gender equality within the Capital Markets

By Citizen Reporter,

The Nairobi Securities Exchange (NSE) has joined the 30% club, a global campaign to take action to increase gender diversity in boards and senior mana...

gender equality

Shikanda blames ‘outsiders’ for inciting Leopards go-slow

By Godfrey Ashiali,

AFC Leopards chairman Dan Shikanda has apportioned blame on ‘outsiders’ for inciting the club's players to stage the go-slow which started on Tues...

AFC Leopards