- If loans to the private sector dip, it will mark the extension of a general trend observed last year, where lending slowed down to touch near zero in October, on the back of high interest rates...
- Exempt supplies are not subject to Value-Added Tax (VAT) and do not allow recovery on related costs, while zero-rated supplies are taxed at zero percent but still permit reclaims on inputs.
- Motor insurance is the second largest class of general insurance in Kenya after medical, having given the industry gross written premiums of Sh55.98 percent after Sh76.31 billion from medical in...
- The shedding of full-time jobs has come in the period 47.1 percent of the manufacturers reacted to reduced sales by cutting on production volumes and therefore requiring fewer employees.
- The government has opted to source for funds from the public in order to complete the stadium before the 2027 African Cup of Nations being hosted in the country.
- The CAK maintains that it is using fines and penalties as a remedy to anti-competitive tendencies sparingly, to strike a balance between encouraging compliance and punishing businesses.
- According to estimates from the Anti-Counterfeit Authority (ACA), Kenya loses at least Sh15 billion each year due to the trade in counterfeit and substandard medicines.
- The peacekeeping mission has cost taxpayers Sh4.5 billion in nine months at a time when the country is struggling to finance its obligations leading to deep budget cuts in key sectors like health...
- Returns to local investors from government paper have increased from Sh456 billion in the year to June 2022, a near doubling compared to returns for the fiscal year starting July.
- Retirees have in recent times faced a host of problems from delayed pension pay to being forced to physically visit Treasury departments in Nairobi to follow up on their disbursements.
- Analysing Kenya’s recent tax reforms through the lens of the principles underpinning taxation reveals a complex and perhaps disjointed landscape across the various tax heads.
- Bolstered by government incentives such as the provision of high-quality seedlings, farmer training programmes, access to subsidised inputs, and planted area for avocados is projected to increase...
- The bank needs to raise at least Sh1.7 billion from its shareholders by the end of year, in order to be compliant to the new core capital requirement that comes to effect on December 31, 2025.
- Kenya alone loses at least Sh153 billion each year due to counterfeit goods across various sectors, including pharmaceuticals, according to estimates by the Anti-Counterfeit Authority.
- The biggest payout to Lafarge –for services such as developing new building products— was in 2008 when it received Sh5.2 billion from the Kenyan subsidiary.
- Today, the Bombay Stock Exchange (BSE) has 383 entities that are listed on its SME Board with 195 having successfully transitioned into the main market.
- Her plant selection is particularly suited to working professionals, first-time plant owners, and small businesses looking to breathe life into their spaces.
- While Agoa is shaped by US consumption trends, China’s initiative aligns more closely with demand patterns emerging in Asia and other fast-growing markets.
- When infringement is widespread, it escalates into content piracy. If you become a victim of such infringement, there are several steps you can take.
