Safaricom Plc records major dip in earnings for its financial year
“The marginal decline in earnings for the operator is largely attributable to the waiver of fees on mobile money transactions of up to Ksh.1000” – Saf CEO
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Government on the last lap to establish a carbon trading system
National Treasury Cabinet Secretary Ukur said once established, companies and other organizations will be able to buy emission allowance…
Kenya aims to revamp its embassy in western capitals
Diplomats in London and New York now forced to rent homes and offices as residences built by taxpayers fall apart due to neglect…
“The Kenyan national debt is on hot coal!”- Experts warn.
According to the central bank of Kenya the country’s debt stood at sh7.3 trillion…
“We will not reveal the identity of our investor” – Tuskys
The retailer has told the High Court it will continue to keep the identity of the fund secret…
Tuskys set to revamp itself from selling its assets
The supermarket has informed the High Court that it plans to sell non-core assets like furniture, fixtures and fittings in 19 branches…
KRA warns false tax filing threatening a fine to cluprits
If approved by Parliament the penalties will take effect from July 1…
Kenya’s debts increase as treasury predicts new borrowing plan
Kenya’s current stock of debt is expected to close at Ksh.7.7 trillion down from Ksh.6.7 trillion…
National Treasury turns away from its plan to increase taxes
The Bill by Kiambu MP Jude Njomo is expected to promote the local furniture industry…
Spire Bank eyes a boost in liquidity in auctioning defaulters
In its financial statement, the lender has over 150 liquidation cases pending in court against borrowers…