BUSINESS

Kenya Shilling And Eurobonds Drop Amid The Arrest Of Finance CS Henry Rotich

According to Henry Rotich, Some of the funds raised from the new issue will be used to refinance a maturing 5-year dollar denominated bond that was issued in June 2014.

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BUSINESS

Treasury’s Proposal Will Cost You Extra Coins On A Bottle Of Beer

You will have to dig a little bit deeper into your pocket for a bottle of beer if corporate tax rises from 30 percent to 35 percent for firms with…

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BUSINESS

Government imposes a 20% tax on bet winnings

The Treasury yesterday gave the clearest signal yet that it will vigorously pursue gamblers for a share of the lottery and betting windfalls with a planned re-introduction of a 20…

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BUSINESS

Kenya to issue it’s second Eurobond

Kenya seems to be taking the path of Egypt and Nigeria in being the 3rd African country to borrow from the international markets this year. The new “Eurobond” will help…

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BUSINESS

KRA to slap a Ksh 20,000 penalty on Tax cheats

Did you file your 2015/2016 taxes? Well, the Kenya Revenue Authority is stepping up its hunt for citizens and businessmen who missed the June 30, 2017, deadline. According to the…

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BUSINESS

German companies sharpen focus on East Africa at Nairobi Summit

Nairobi played host to more than 450 delegates for the second German African Business Summit (GABS). Kenya’s Cabinet Secretary for Foreign Affairs and International Trade, Ambassador Amina Mohamed, was present…

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OTHER SECTORS

CIS asks KPLC to forward bill defaulters’ information regardless glaring law suits

Kenya Power has said it will not forward names of electricity bill defaulters to credit reference bureaus.  The lighting company says sharing contact information with the bureaus could land the…

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TECHNOLOGY

Reduction of smartphone prices to employ wide public service reach.

Since Semptember 2013, the mobile handset market has experienced a 20 per cent drop in sales after the government re-introduced Value Added Tax on handsets and other electronic devices to…

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