Business

Government Unveils Ambitious Reforms to Tackle Gambling Industry Issues

The government has introduced a sweeping new bill that promises to bring significant reforms to the gambling and gaming industry.…

11 months ago

5,030 Firms Challenge KRA Over VAT Blacklist Clampdown

Kenya’s tax authority, the Kenya Revenue Authority (KRA), has frozen VAT access for 5,030 businesses, alleging they are involved in…

11 months ago

BCLB Lifts Ad Suspension, Introduces Stringent Guidelines for Gambling Advertisements

The Betting Control and Licensing Board (BCLB) has lifted its 30-day suspension on gambling-related media advertisements, replacing the temporary ban…

11 months ago

World Bank Calls for Tax Reform in Kenya: A Balancing Act Between Equity and Growth

The World Bank has urged Kenya to revamp its income tax framework, proposing a new structure for Pay-As-You-Earn (PAYE) taxation.…

11 months ago

RUBiSOL Named “Deal of the Year 2024 – East Africa” at DealMakers AFRICA Awards

Solarise Africa and RUBiS Energy Kenya have announced that RUBiSOL, their joint venture focused on renewable energy solutions for Commercial…

11 months ago

Kenya’s Treasury Targets $1.1 Billion by Selling Safaricom Stake

Kenya’s Treasury has announced plans to divest a portion of its 34.9% stake in Safaricom by June 2026, aiming to…

11 months ago

How to be Discipline in Managing Finances for Your Business

Discipline in financial management for business owners is the practice of consistently adhering to financial principles and strategies to maintain…

11 months ago

Jabu Bar 7 Lounge Officially Opens in Kilimani: A Rooftop Escape Redefining Nairobi’s Dining and Social Experience

Hidden above the city’s restless energy, Jabu Bar & Lounge, the newest gem atop Somerset Westview Nairobi, officially opened its…

11 months ago

Safaricom Revolutionizes Instant Credit for Kenyan MSMEs

Safaricom PLC has redefined its merchant-credit services by introducing Taasi Till/Pochi term loans, ranging from KES 1,500 to 250,000, and…

11 months ago

I&M Foundation Distances Themselves from Allegations of Hospitality work in Ngong’ Forest

The I&M Foundation issued a statement clarifying its role regarding discussions about a proposed development in Nairobi's Ngong’ Road Forest.…

11 months ago