The International Finance Corporation (IFC) will acquire less than a 10% stake in Safaricom Ethiopia as part of a $257 million (Sh35.3 billion) cash injection split...
The National Treasury and Kenya Revenue Authority (KRA) have been at odds over tax enforcement and procedures for the past five years, and the dispute has...
A little more than a year ago, Safaricom’s entry into Ethiopia seemed risky given the country’s two-year civil war, funding limitations, and hazy prospects for obtaining...
Following the proposal to lower Railway Development levies contained in the new Finance Bill, taxpayers will save about Sh3.6 billion annually. If the proposals in the...
According to a recent report by the Central Bank of Kenya (CBK), Rwanda contributed the highest amount of profit earnings for Kenyan bank subsidiaries in East...
Senators demanded that the Wajir County Government conduct a forensic audit of the pending bills after they grew from Sh1 billion to Sh5.5 billion in just two months,...
When the government increased its targets to meet the Sh3.6 trillion budget in the year beginning in July, the Kenya Revenue Authority (KRA) objected to a...
More than 5.4 million Kenyans fear starving and are in urgent need of relief supplies and access to healthcare, therefore the National Cereals and Produce Board...
Due to increased interest and non-interest incomes, the Co-operative Bank of Kenya saw an increase in its profit after tax, which reached Sh6.1 billion in the...
As risks increase globally, Kenya is not “in a hurry” to implement cryptocurrency payments, according to the Central Bank of Kenya (CBK). The adoption of a...