Kenya Airways has announced that it is suspending flights to Kinshasa over the continued detention of its employees by the Democratic Republic of Congo army.
The national carrier said in a statement that it is unable to support its flights...
The Kenya Revenue Authority has collected Sh. 20.8 billion from over half a million Kenyans in the ongoing tax amnesty program.
In the scheme, the taxman says that he has waived Sh. 244.7 billion in penalties and interests.
"Kenya Revenue Authority...
The Kenya Revenue Authority (KRA) has slapped the SBM Bank Kenya with a tax fine of Sh.737 million.
According to a report that appeared in a local newspaper, the multi-million tax fine emanates from an agency contract that SBM Bank...
Tens of home owners at the Greatwall Gardens Apartments in Athi River may soon be rendered homeless. This is after the Court of Appeal allowed KCB Bank Kenya to put the houses under the hammer. The houses have been...
The Kenya shilling is on a second week losing streak against the US dollar. The local currency is losing gains it had made against the US dollar. Two weeks ago, the shilling appeared ready to officially get into the...
The founders and shareholders of Sidian Bank which was formerly known as K-Rep bank pocketed Sh. 841.66 million in the sale of their stake.
This sale involved the transaction of some 728,525 shares that were equivalent to a 16.57 per...
Subsidiaries of the Co-operative Bank of Kenya played a critical role in the bank's profit growth in the full year 2023. A spot check on the performance by the subsidiaries shows that the all returned positive performance with profit...
The Nation Media Group (NMG) has announced a full year net loss for the period ended December 2023. The media company's financial report shows that it recorded a net loss of Sh. 205.7 million.
This loss was attributed to among...
Billionaire industrialist Narendra Raval has taken part of his Devki business empire to Stanbic Bank whose chief executive officer is Joshua Oigara.
The move has seen part of Raval's business move from KCB Group to Stanbic Bank after more than...
Kenya Airways customers lost Sh. 4.26 billion in tickets they bought but failed to use within the specified period in the financial year ended December 2023.
This was a 54.3 per cent increase from the Sh. 2.76 billion the airline...
