Ethiopia has entered into history books after opening Africa's largest hydroelectric dam. The dam which was constructed at a cost of USD5 billion is known as the Grand Ethiopian Renaissance Dam (Gerd).
The wall of the dam stretches 1.78 kilometres...
The debt problem in Kenya appears to be ballooning at an alarming rate. Over the past three years, Kenya's public debt has been on a steady rise. Last week, the public debt crossed the Sh12.1 trillion mark with domestic...
The Kenya Revenue Authority (KRA) collected Sh73.2 billion in housing tax in the financial year 2024/25. This amount surpassed the Sh63.2 billion target that had been set by the National Treasury.
Despite the taxman surpassing the housing tax collections target,...
From today, September 2, 2025, a majority of U.S visas will require a mandatory face to face visa interview with a consular officer.
This is after the U.S State Department reviewed its waiver for carious categories. In the latest review,...
The Kenya Revenue Authority (KRA) has eased the way salaried workers in the country file their returns. In the new filing method, the taxman has done away with manual tax filing which involved inputting all salary, tax and deductions...
Kenya Airways was the biggest loser at the Nairobi Securities Exchange (NSE) on Wednesday after losing 19.18 percent of its market value. The KQ shares drop came a day after the national carrier announced that it had slumped back...
Troubled Savannah Cement has been acquired by a group of local tycoons in a multi-billion deal. The cement maker has been bought by tycoons who are currently in the flour milling industry in a deal worth Sh3.8 billion.
The tycoons...
The national carrier Kenya Airways has fallen back into loss making territory with a Sh12.15 billion net loss in the first six months of 2025. This loss comes after a record profit of Sh5.4 billion that the national carrier...
The United States Department of State has started reviewing all issued visas for potential deportable violations and cancellations. The review of the visas shall be conducted on all the 55 million visas that have been issued by the United...
When listed commercial banks in Kenya released their financial results for the second half of the current financial year, Simba once again proved why it is East Africa's largest bank.
The KCB Group, popularly known as Simba, not only shook...
