World Bank’s International Finance Corporation (IFC) and and French private fund Amethis have sold their stake in Naivas Supermarket.
The World Bank's IFC and Amethis sold their 30 percent stake in Naivas Supermarket to a cluster of investors led by...
The Kenya Revenue Authority has said that troubled brewer Keroche Breweries owes it Sh. Sh. 22.79 billion. This figure, says KRA, is the total of unpaid corporate tax, excise duty, VAT and penalties.
The taxman has also said that apart...
French entrepreneur Robin Reecht has shut down Kune Food, a food business that was based in Nairobi. The shutdown has occurred after Reecht failed to raise Sh. 30 million for his operating capital.
After shutting down the business, Reecht has...
The Kenya Revenue Authority has declared that it will not reopen Keroche Breweries again. The taxman argues that Keroche Breweries has blatantly disregarded the agreed payment of tax dues worth Sh. 22.79 billion.
This declaration by KRA has perished any...
The Kenya Revenue Authority employees will soon be required to wear body cameras. This is the latest effort by the taxman to curb bribing of its workers by tax cheats.
The body cameras will mostly be used by KRA employees...
Education Cabinet Secretary George Magoha has announced that CBC children who will be sitting their national examinations to join junior secondary schools this year will remain in their current primary schools.
Magoha also asked parents who have kids in private...
Up to 4 million Kenyans are soaking in losses as Bitcoin value crashes. The four million are investors who have poured their money into cryptocurrencies.
The majority of these have invested in Bitcoin, whose value has fallen to below USD...
A few years ago, Centum CEO, James Mworia, was ranked as the highest paid chief executive officer in Kenya. His salary rise was in tandem with the growth of Centum Investments which is associated with the late billionaire Chris...
Troubled Keroche Breweries is set to fire over 400 employees today. This comes barely days after it was shut down by the Kenya Revenue Authority.
On Monday, Keroche chief executive officer Tabitha Karanja expressed how much the closure of her...
Baringo Senator and son of Late President Daniel Arap Moi, Gideon Moi, has bought a majority stake in a multi-billion company owned by steel tycoon Narendra Raval.
The company known as Sosian Menengai Geothermal Power had won a lucrative deal...
