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CDF offices, 3 counties face fines on contractors levy

Nairobi, Feb. 3 -- The public procurement watchdog is pursuing 221 constituency offices, three counties, and a number of State agencies for failing to deduct a new levy when paying suppliers and contr... Read More


How KRA officer was framed in Busia sugar smuggling racket

Nairobi, Feb. 3 -- A former Kenya Revenue Authority (KRA) officer was unfairly dismissed after being set up as the "fall person" in a sugar smuggling racket at the Busia border, the Employment and Lab... Read More


Cooling inflation, reduced currency volatility boost Safaricom Ethiopia

Nairobi, Feb. 3 -- Cooling inflation and reduced exchange rate volatility in Ethiopia has handed Safaricom some respite as it eyes turning a profit in the market by March next year. The lower consume... Read More


Court backs KRA's push to tax unexplained bank deposits

Nairobi, Feb. 3 -- The Kenya Revenue Authority (KRA) has received backing from the Tax Appeals Tribunal to tax unexplained bank deposits in the fight against tax evasion. The tribunal ruled that mone... Read More


How payslips will change in Mbadi's tax cuts plan

Nairobi, Feb. 3 -- Salaried workers earning below Sh50,000 monthly are set to enjoy income tax cuts of between Sh731 and Sh2,127 under proposed changes to the taxation brackets aimed at boosting the d... Read More


Prime Bank wins 'double-taxation' row with KRA

Nairobi, Feb. 2 -- Prime Bank has fended off a Sh87.6 million claim from the Kenya Revenue Authority (KRA) after the Tax Appeals Tribunal overturned the taxman's claim on the lender's income streams. ... Read More


Mike Eldon: Humorous IT, governance enthusiast with a soft spot for youth

Nairobi, Feb. 2 -- Mike Eldon, an IT enthusiast turned management consultant, coach and a newspaper columnist, whose trainings touched many in university lecture halls and corporate boardrooms, has di... Read More


Use of movable assets as loan collateral jumps 43pc in 2025

Nairobi, Feb. 2 -- The use of movable assets such as cars as loan collateral rose 43.02 percent in 2025, with initial security notices filed by financiers at the Movable Property Security Rights (MPSR... Read More


Treasury to reveal amount of debt buybacks, switches

Nairobi, Feb. 2 -- The National Treasury will publish in advance the size of debt it will restructure through buyback, switches and swaps to bring more transparency in Kenya's debt management strategy... Read More


Gathungu flags Starehe schools for charging up to Sh300,000 fees

Nairobi, Feb. 2 -- Two national schools are on the spot for charging parents and guardians up to Sh300,000 school fees in the 2024 academic year, defying a directive by the Education ministry which ha... Read More