Household bank deposits have surpassed Sh2 trillion for the first time, indicating that individuals’ cash holdings have grown over time. According to new Central Bank of...
A special economic zone (SEZ) license has been granted to investment company Centum, covering more than half of its Two Rivers development in Nairobi. Centum is...
This month, as part of a crackdown on fraud that has cost the government-run insurer billions of shillings, the State will conduct a lifestyle audit on...
Following worries that it would significantly add to the nation’s debt load at a time when its position has been classified as being at high risk...
The debt load inherited from previous administrations is highlighted by the government of President William Ruto’s budget of Sh7 trillion to pay debt in its first...
In order to provide a framework for the appointment of trustees to manage a Deposit Guarantee Fund (DGF) to shield savers from losses on their more...
As a result of the government’s plan to impose an excise duty of Sh5 per kilogram of imported sugar at a time when a shortage of...
In the fiscal year that ended in December 2022, Co-operative Bank of Kenya created 520 new jobs as part of a national expansion that saw the...
Once new top tax bands proposed by the National Treasury take effect with the passage of the Finance Bill 2023, Kenya’s top earners who earn between...
The Kenya Revenue Authority (KRA) has filed a court petition to order the freezing of funds in three bank accounts held by various Chinese companies that...