The amount of bank loans Kenyans have defaulted on has risen to a 16-year high of Sh. 596 billion.
This has been revealed by the latest data from the Central Bank of Kenya (CBK).
The data shows that the stock of...
The Kenya Revenue Authority has broken silence following outrage over taxation of personal items and harassment of passengers at Kenya's main point of entry at the Jomo Kenyatta International Airport (JKIA).
This follows fury and outrage that has been expressed...
The government of President William Ruto has collected Sh. 11.83 billion from the affordable housing tax in two months.
This has been revealed by a National Treasury document that was tabled before the National Assembly’s Finance Committee by the by...
The current streak of punitive taxation has gone a notch higher. This is after the Kenya Revenue Authority (KRA) issued a directive that people arriving at a point of entry in Kenya such as the Jomo Kenyatta International Airport...
Do you know what you must declare when arriving or departing Kenya at the Jomo Kenyatta International Airport?
For a start, according to the Kenya Revenue Authority (KRA), you should declare currency and monetary instruments exceeding US Dollars 10,000 USD...
When you graduate with a degree or a masters, your expectations for a lucrative job are usually very high.
After toiling and burning the midnight oil, a good and well paying job is the least you can get. In Kenya...
The amount of Kenya Power token units that Kenyans can access per every Sh. 100 has reduced further.
Currently, Sh. 100 will only afford you 3.6 Kenya Power units. This is down from the previous 4.6 units that the same...
Utility firm Kenya Power is making plans to start issuing US dollar-based power bills. This comes after the company posted a multi-billion loss that it has attributed to the weakening local currency.
The new plan will start with mega power...
The buying power of the once mighty and revered Sh. 1,000 note has dipped rapidly over the past one year.
Since October 2022, the worth of the Sh. 1,000 note has fallen to lows of Sh. 850, in tandem with...
On Monday October 16, the Kenya Shilling officially hit an all-time low of 149 against the US dollar. About one week later, the shilling has shocked many by touching another record low of 150 against the US dollar.
Data from...
