At the end of this month, your payslip will give you less cash after the decision by the Kenya Revenue Authority to deduct housing tax from gross salaries.
This means that allowances will also be part of deductions for housing...
The Kenya Revenue Authority is now set to hit civil servants' allowances in the implementation of the housing levy.
This is after the KRA announced that the housing levy will be deducted from the gross salary and not net salary...
If you are looking to buy a second hand imported Vitz, you will have to fork out Sh. 1.3 million or more. This is as the cost of the Toyota Vitz second hand vehicle rises to record levels.
At the...
The Kenya Revenue Authority (KRA) has started the mass auction of cars that have overstayed at the Port of Mombasa.
Unlike previous KRA auction of cars and goods, this particular KRA auction is taking place online as the agency moves...
The National Assembly's Health Committee has termed college admissions that were conducted by the Kenya Universities and Colleges Placement Service (KUCCPS) for the Kenya Medical Training College (KMTC) as null and void.
This comes as KUCCPS announced that it had...
The Co-operative Bank has scored another first in Kenya's banking sector after bagging the deal to handle payment of billions for the Nairobi Coffee Exchange (NEC).
In the new deal, Co-op Bank will offer the Direct Settlement System (DSS) technology....
Former Safaricom chief executive officer Michael Joseph has come out to explain why he has decided to quit Safaricom after 23 years of playing different roles in the company.
Joseph has disclosed that he left after self- conviction that holding...
The local currency has hit a new record low of Sh. 143 against the US dollar. This is the latest in the helpless fall of the shilling that the government under President William Ruto has been unwilling or unable...
Kenyan banks have successfully negotiated for a reduction in the salary paid to entry-level employees.
The Kenyan banks will now pay Sh. 50,000 salary for entry-level positions after getting into an agreement with the banking industry union, Banking Insurance and...
The late Nicholas Biwott's family has sold the iconic Yaya Centre. The family sold the Yaya Centre to the billionaire family of Rasik Kantaria in a deal that is estimated to be worth billions.
The family has already established itself...
