Business

World Bank Backs New Tax Reforms to Steady Kenya’s Fragile Finances

The World Bank has advised Kenya to increase consumption taxes such as VAT and excise duty to help settle its…

9 months ago

Ruto Calls for Stronger African Financial Institutions to End Dependence on the West

President William Ruto has called on African nations to strengthen homegrown financial institutions, saying they hold the key to ending…

9 months ago

PS Ismail Maalim Hails Kenyan Diaspora for Powering the Economy

Principal Secretary for Special Programmes Ismail Maalim has lauded Kenyans living abroad for their significant contribution to the nation’s economy,…

9 months ago

CIC Asset Management Launches Global Balanced Fund to Boost Offshore Investment Access for Kenyans

CIC Insurance Group, through its subsidiary CIC Asset Management (CICAM), has launched the CIC Global Balanced Special Fund, a USD-denominated…

9 months ago

Kenyans Turn to Stablecoins as Shilling Weakens and Dollar Demand Rises

More Kenyans are embracing stablecoins as a reliable way to protect their money from the falling value of the shilling…

9 months ago

Filmmakers Hangout Celebrates 1st Anniversary At Ultimate City NBO

Ultimate City Nairobi, located at 209 State House Road, hosted the first anniversary of Filmmakers Hangout on Saturday, 4th October…

9 months ago

Kenya Power Launches AI Feature to Boost Customer Experience

Kenya Power has rolled out a new suite of digital platforms, including its first-ever artificial intelligence chatbot, as part of…

9 months ago

Strong Collaborations With Industry and TVET Institutes in East Africa Have Resulted in Improved Employment

TVET institutes in East Africa have established strong collaborations with industry, resulting in improved graduate employment across the region. Graduate…

9 months ago

Appeals Court Ruling Sets New Standard for Bank Buyouts and Loan Disclosure

The Court of Appeal has delivered a major reprieve to Guardian Bank and businessman Maganlal Chandaria’s family by cutting their…

9 months ago

KRA Tightens Employer Rules on Tax Deductions and Reliefs Under New Finance Act

The Kenya Revenue Authority (KRA) has issued new guidance to employers, tightening compliance rules on how income tax deductions, reliefs,…

9 months ago