Business news
State staff get tax-free benefits on asset buys
State officers are set to earn tax-free benefits including tax allowances on asset purchases...
How Nigerians used fake documents to wire funds from Kenya to Citibank
RemX, which was investigated by the Assets Recovery Agency on fears of card fraud and money...
Nairobi to host Africa wind energy forum next month
Kenya will next month host renewable energy players, banks and regulators from across the world...
Smart power meter supply tender runs into headwinds
A multibillion-shilling tender for the supply of smart meters has run into trouble after a...
Fuliza revenue falls to Sh5.4bn after reduction of fees
Safaricom’s revenues from its popular overdraft facility Fuliza have dipped by 8.3 percent to...
Eveready directors resign as new investor awaited
Eveready East Africa’s chairperson Lucy Waithaka and two other directors have resigned amid...
China debt tax load slows down in Ruto’s first budget
Kenya’s debt repayments to China are set to slow down in the new financial year.
M-Pesa deepens share in Safaricom revenue as voice stutters
The share of M-Pesa in Safaricom mobile service revenue has deepened to 41.5 percent.
Rich Kenyans get helicopter tax cuts in President Ruto budget plan
Wealthy Kenyans and politicians will import helicopters and planes at cheaper prices.
Co-op Bank boss pockets Sh287.5 million bonus
Co-operative Bank of Kenya raised the bonus of its chief executive Gideon Muriuki by 7.9...
Solar-powered desalination firm to get Sh410m funding
GivePower is set to receive a Sh410.5 million funding from American tech firm ServiceNow.
High Court upholds KBL, UDV distributorship deal
The High Court has declined to suspend orders blocking Kenya Breweries Ltd and UDV (Kenya) Ltd...
