NIC-CBA Bank: The National Treasury has exempted the merged CBA and NIC bank from paying share transfer tax. The transfer tax was expected to run into hundreds of millions of shillings.
A report in the Business Daily says that suspended...
Houses on Auction in Kenya: Housing Finance has placed houses worth Sh. 527 million located upcountry up for sale. This has effectively pushed the amount that HF is looking to recover to Sh. 2.5 billion.
These houses are located in...
TSC to promote 6000. BY THE STANDARD: The Teachers Service Commission (TSC) will promote some 6,043 teachers to positions of head teacher and deputy head teacher.
TSC is seeking to fill 2,310 vacant positions in the head teacher category, and...
Africa's Richest Economies: Robert Mugabe led Zimbabwe for nearly four decades, and is widely blamed for its economic collapse.
Here's the story behind Zimbabwe's economic rise to one of Africa's Richest Economies and its fall:
1980s
Mugabe was elected the first prime...
Lower secondary in Kenya: There will be no final exam for grade six pupils looking to join lower secondary. This has been announced by president Uhuru Kenyatta. "Recommendations from the new curriculum task force recommended that the learners in...
KNUT officials: The bad blood between education officials in Kenya and the Kenya National Union of Teachers (Knut) is far from over. On Friday, KNUT officials found themselves on the receiving end after they were locked out of the...
Netflix in Kenya: Kenya is set to start taxing online streaming media services including YouTube and Netflix. This has been revealed by the Communications Authority (CA) director-general Francis Wangusi. According to Mr. wangusi, the ministry for information communication and...
Apps downloaded in Kenya: The Kenya Revenue Authority (KRA)is now set to start taking income tax from apps developed and downloaded in Kenya.
According to a report that appeared in the Business Daily on Thursday, KRA has announced that it...
There is no doubt on the meteoric popularity of loan apps in Kenya. In deed, many Kenyans are now turning to loan apps to shore up their financial needs, thanks to their instant availability.
However, while their popularity rises, their...
KCB Half Year Results 2019: Kenya's biggest bank KCB Group has posted a five per cent net profit growth for the first six months of the year.
The bank's profit has hit Sh. 12.7 billion. The growth came in tandem...
