19 June 2024
- In the realm of taxation, governments often turn to various strategies to generate revenue while creating room for equitable distribution of the tax burden.
19 June 2024
- The trio undertook to develop an application dubbed Chumz, that would enable people to start investing with as little as five shillings.
19 June 2024
- As June marks Men’s Mental Health Awareness Month, it is imperative to address a growing concern that has captured the nation’s attention—the use of Muguka.
18 June 2024
- Kenyan lenders like KCB Group and Equity Group have been eyeing Ethiopia as their next growth market and scouting targets as Addis Ababa seeks to attract international players.
18 June 2024
- Italians in Venice are up in arms against too many tourists. In Japan, there are restrictions on visiting Mt Fuji. In Kenya, we are struggling to hit five million tourists a year.
18 June 2024
- As a multihyphenate, entertainer and entrepreneur, Nick Cannon joined the list of speakers for the Forbes Under 30 Africa Summit in Botswana in May. The American actor, rapper and television host, popularly known for his Wildstyle Battles on the…
18 June 2024
- The fast growth in internet penetration and smartphone usage has created new opportunities for Startups in Nigeria. Mobile technology is especially important since it enables companies to reach a larger audience, including those in remote locations. As…
18 June 2024
- Twenty suspects among them directors of five companies are facing various tax fraud charges, including missing trader tax evasion scheme.
18 June 2024
- JUNE 18 – Investment levels in the UK remain among the worst of the world’s richest nations and unless they improve it is hard to see how the economy will grow, a think tank has said. The Institute for Public Policy Research (IPPR) said total…
18 June 2024
- NAIROBI, Kenya, June 18 – Farmers and small business owners with a turnover below Sh1 million will now be exempt from electronic Tax Invoice Management System (eTIMS) registration. According to Finance Committee Chair Kuria Kimani, the change was…
18 June 2024
- NAIROBI, Kenya, June 18 – The government is proposing the removal of a 25 percent excise duty on vegetable oil under the Finance Bill 2024. The Kenya Association of Manufacturers (KAM), together with the Association of Edible Oil Manufacturers, opposed…
18 June 2024
- NAIROBI, Kenya, June 18 – Francis Mungai, who was last month appointed Family Bank Chairman, has passed on while receiving treatment in the United States. Mungai took over from long-serving chair Wilfred Kiboro who served in the post for over 12 years…
18 June 2024
- The event “Doing Business Angola 2024,” taking place this Tuesday in Lisbon, aims to examine the country’s business environment from a macro perspective, as highlighted by N’Gunu Tiny, founder of the Media9 group. In this second edition of DBA,…
18 June 2024
- The Prime Minister of Portugal, Luís Montenegro, will visit Angola in July this year as part of the Luanda International Fair (FILDA), announced the Portuguese ambassador to Angola, Francisco Alegre Duarte, moments ago in a message addressed to the…
18 June 2024
- NAIROBI, Kenya, June 18 – Networking in Heels has launched a podcast series aimed at empowering women, particularly in entrepreneurship. The podcast coming on the back of International Women’s Day also seeks to bolster women’s support networks. The “…
18 June 2024
- The government has backtracked on several controversial clauses initially proposed in the Finance Bill of 2024. The National Assembly's Finance Committee Chair Kimani Kuria announced major amendments to the proposed law after Kenya Kwanza MPS met…
18 June 2024
- President William Ruto on Tuesday, June 18, hosted the Kenya Kwanza Parliamentary Group meeting at State House. The PG ended with a resolution to amend the Finance Act of 2024 and scrap off unpopular sections in line with the public sentiments. Here is…
18 June 2024
- Kenya is set to be the first country to test the near-space glider, Zephyr, a solar-powered device designed by Britain for military surveillance.
18 June 2024
- NAIROBI, Kenya, June 18 – The government has removed the 2.5 percent proposed levy on motor vehicles in the proposed Finance Bill 2024. Finance and Planning Committee chairperson Kimani Kuria stated in an address to the press that the earlier proposal…
18 June 2024
- In a statement to the media on Tuesday, Family Bank said Mungai who served the Board of Family Bank Limited since 2016 died while undergoing treatment in the United States.
18 June 2024
- NAIROBI, Kenya, June 18 – The government has dropped the proposed 16 percent levy on bread following the Kenya Kwanza Parliamentary Group meeting chaired by President William Ruto in State House Nairobi. Finance and Planning Committee chairperson…
18 June 2024
- JUNE 18 – The US government has sued software giant Adobe, accusing it of violating consumer protection laws with “hidden” termination fees and a convoluted cancellation process. The Federal Trade Commission (FTC) said the firm had failed to clearly…
18 June 2024
- Ghana has initiated a major solar energy project which would utilize solar and hydro resources. The project stands as one of a kind in the sub-region of West Africa and is intended to supply at least 10% of the country's power once fully actualized.…
18 June 2024
- The Kimani Kuria-led committee announced the proposed changes, noting that they were informed by the inflationary pressures confronting a lot of Kenyans.
18 June 2024
- Cryptocurrency remains highly relevant today, as many people seek to acquire it for potential profitable investments and future benefits. Ensuring access to a reliable platform for cryptocurrency transactions is crucial. This platform serves various…
18 June 2024
- NAIROBI, Kenya, June 18 – IHS Kenya, a Southern African private equity fund manager, has unveiled an affordable green housing development in Limuru, Kiambu County. Located within the Tilisi Masterplan Development, the development comprises 240 green…
18 June 2024
- JUNE 18 – Apple is ending its in-house buy now, pay later scheme in the US, which it launched just last year. The technology giant says it will now offer customers payment plans through third-party credit and debit card lenders. Existing borrowers will…
18 June 2024
- TOPLINE South Korean forces fired warning shots at North Korean soldiers who crossed the heavily guarded border zone separating the two countries Tuesday, the second time such an incident had happened in less than two weeks amid growing tensions…
18 June 2024
- NEW YORK, June 17 (Xinhua) — U.S. stocks ended higher on Monday, as investors remain optimistic ahead of comments from several Federal Reserve officials this week. The Dow Jones Industrial Average rose 188.94 points, or 0.49 percent, to 38,778.1. The S…
18 June 2024
- WASHINGTON, June 17 (Xinhua) — The International Monetary Fund (IMF) on Monday urged fiscal policymakers to build stronger social safety nets, increase investment in education and reform tax systems to support human workers and mitigate inequality in…
18 June 2024
- NAIROBI, June 17 (Xinhua) — Delegates from the East African Community (EAC) began a week-long meeting on Monday in Nairobi, the capital of Kenya, to develop a comprehensive roadmap for Somalia’s integration into the East African bloc. EAC Secretary…