Sidian Bank has announced a profit after tax increase of 250 percent in the first quarter of the current financial year. In that period which ended on March 31 2025, profit after tax increased from Sh556.9 million from the...
The Kenya Revenue Authority (KRA) has moved 475 employees over a tax fraud scheme that has been going on at the revenue authority. The employees were moved from approving applications for value added tax (VAT) refunds. This has come...
China and the United States have agreed to slash their tariffs on each other by 115 percent. China and US will cut their tariffs for a period of 90 days, during which they are expected to engage in trade...
The Kenya Revenue Authority (KRA) has been barred from taxing the road maintenance levy fund Sh1.7 billion. This follows the decision of the Tax Appeals Tribunal which ruled that the taxman had no authority in collecting the money raised...
Stanbic Bank has announced a reduction in its net profit for the first quarter of the 2025 financial year. The Stanbic Bank Q1 net profit has dropped 17 percent from 4 billion that was recorded in the previous year...
Esther Bitutu Kadiki was released by the court on a Sh30 million bond. The lawyer who was been caught up in the Sh1.5 billion Equity heist that occurred at Equity Bank between May 1 2024 and July 31, 2024...
Lawyer Esther Bitutu Kadiki ran an elaborate scheme through which she siphoned Sh1,499,465,831 from Equity Bank, an affidavit sworn by a Directorate of Criminal Investigations (DCI) has alleged.
According to the affidavit sworn by Inspector Chrispinus Sore Shibanda who is...
The Teachers Service Commission (TSC) has formally advertised the position of Chief Executive Officer. This comes as Dr. Nancy Macharia who has been serving in this position prepares to retire from the commission. The advertisement by the TSC is...
The amount of money in toll fees that motorists using the Usahihi Expressway shall pay has been announced. These toll charges were announced by Usahihi Chairman Kyle McCarter who is also the former US ambassador to Kenya.
According to McCarter,...
Home Afrika has posted the first full year net profit since 2014. The real estate company realized a net profit of Sh133 million for the full year ended December 2024. This was an improvement from the Sh27.8 million loss...
Unilever Kenya Limited has invited visionary entrepreneurs and established companies to apply for distributorship opportunities within Nairobi's Central Business...
