KRA vs Keroche: The Kenya Revenue Authority has frozen the bank accounts of Keroche Breweries. The freezing comes as the taxman moves to effect the collection of some Sh. 9 billion tax. The tax is being widely seen by...
Tullow Oil Loss: Tullow Oil has reported a full year 2019 loss of a shocking Sh. 169 billion. The British oil explorer who has been at the centre of Kenya's oilfields made the loss amidst bankruptcy fears.
The full-year loss...
KCB Profit 2019: KCB Group has posted Sh. 25.1 billion net profit for the full year ended December 2019 . This represented a profit growth of 4.8 per cent. In the previous financial the bank recorded a net profit...
Keroche assets:On Wednesday, March 11, the Kenya Revenue Authority scored a major win against private business, Keroche Breweries.
The tax got the go ahead to demand a Sh. 9.1 billion from Keroche's Tabitha Karanja.
Now, even as Ms. Karanja seeks for...
Raphael Tuju Wealth: Raphael Tuju is broke and facing possible bankruptcy charges. How could this be yet he was once one of the few moneyed politicians in Kenya?
Here is a shocking story that looks at how the cabinet secretary...
Tabitha Karanja, the founder and chief executive officer at Keroche Breweries, has been ordered to pay some Sh. 9.1 billion to the Kenya Revenue Authority after losing a case against the taxman.
KRA won six appeals filed by Keroche before...
Echesa Saga: Embattled former cabinet secretary Richard Echesa has pleaded with court to get his multi million vehicle back.
Echesa has told the court that he is facing untold shame and embarrassment from walking around and using matatus. "I have...
Turkana Oilfields: London Stock Exchange listed oil explorer Tullow Oil has slapped Kenya with a Sh. 204 billion demand. The oil explorer is asking for the money as compensation fee for the six years of exploration it has conducted...
Tuju Net Worth: Financial troubles that are currently bedeviling Cabinet Secretary without portfolio are not about to end. The CS is now facing the threat of being declared bankrupt, which will effectively bar him from holding an elective office.
The...
Coop Jamii Bora Acquisition: The Co-operative Bank is set to acquire Jamii Bora Bank. This has been announced by the Central Bank of Kenya.
In a statement released on Wednesday, the CBK said that that the move will diversify the...
