The Kenya Revenue Authority has gone after Car & General with a multi-million tax demand. The taxman is demanding up to Sh. 667 million. This is 76.3 percent of the diversified trading company’s net profit of Sh. 887.2 million...
Yahoo Finance: The star-studded list of tech executives who dropped out of college on their way to the top features Facebook (FB) CEO Mark Zuckerberg, the late Apple (AAPL) CEO Steve Jobs, and former Microsoft (MSFT) CEO Bill Gates.
Drawing...
Oigara vs Mwangi Salary: Joshua Oigara and James Mwangi lead two of Kenya's biggest banks. Oigara is the top man at KCB while Dr. Mwangi is the top executive at Equity Bank. Their salaries mirror their top roles. But...
Equity Bank Life Insurance: Top regional lender Equity Group has received a license to operate a life insurance business in Kenya.
The license is the latest among diversification products that are being issued by the bank.
The Insurance Regulatory Authority (IRA)...
Kenya has banned all flights from Dubai in what is being widely seen as a retaliatory move. The ban on Dubai flights to Kenya follows a ban that was instituted by Dubai on all flights from Kenya including those...
Dusit D2 Hotel Auction: The High Court has allowed the auctioning of property belonging to Cape Holdings Limited to go on. This followed a petition by Synergy Industrial Credit Limited. The properties set to be auctioned include the Dusit...
Manu Chandaria Net Worth: Did you know that Chandaria Industries is actually not owned by Manu Chandaria? It is owned by Mahesh Chandaria, 60. However, the shy businessman has throughout his business life kept off the media, and instead...
Telkom has introduced the T-kash App, an easy-to-use application that will enable its customers to access a wider service offering on its digital financial services platform.
The T-kash App, which can be downloaded from the Google Play Store, the Huawei...
IFC Loans: Equity Group has acquired a Sh. 18.6 billion loan from the International Finance Corporation (IFC). The loan comes barely days after the IFC announced that it was acquiring a Sh. 12.2 billion stake in the lender.
The new...
Kenyans are yet to get a fifteen percent electricity power cost as had been promised by President Uhuru Kenyatta during the Jamhuri Day celebrations in December 2021.
This is after the energy sector regulator failed to sanction expected changes in...
