Every first six months of the year, Kenyans are mandated to file their tax returns with the Kenya Revenue Authority.
According to the Kenya Revenue Authority, Section 52B of the Income Tax Act (CAP 470) of Kenya’s laws requires that...
The Kenya shilling has fallen to a new official low of 139 against the US dollar. The Shilling on Monday June 12 officially exchanged at 139.4, according to data from the Central Bank of Kenya.
This fall comes weeks after...
Leaving a job to venture into business is never an easy decision. Procrastination isccompounded by the imminent struggle that a new business must go through to break even. Yet this is the bold decision that Georgina Chepkoech Rono took.
Georgina,...
Europe's biggest airline Lufthansa has announced that it is increasing its flights between Nairobi and Frankfurt from five to daily.
The daily flights will begin on June 3, 2023. The airline says that this move has been informed by the...
The cost of foreign trips by President William Ruto will shoot to Sh. 2 billion in the financial year starting July 1 if a proposal tabled before parliament is adopted.
Currently, the National Treasury has allocated Sh. 700 million for...
Layers vs Broilers: Should you invest in Layers or Broilers? In the chicken industry in Kenya, there are three main sectors:
Layers, which are the chicken bred and raised to produce eggs, or broilers, chicken raised and bred to be...
In February 2023, President William Ruto and his Cabinet lifted the ban on procurement of new independent power producers (IPPs) that former president Uhuru Kenyatta had effected.
Mr. Kenyatta had banned IPPs following the recommendation of a taskforce that asked...
The Ethiopian government has granted Safaricom the license to start M-Pesa money services in the country.
The license will now allow Safaricom to launch and offer money transfer services in the Ethiopian market in a move that is expected to...
CMC Motors has announced that it will be sending up to 169 of its employees home. The company which is a subsidiary of the Al Futtaim Group made the announcement on April 24, 2023.
The company has blamed the move...
Safaricom Ethiopia has attracted three million subscribers in less than six months after entering the Ethiopian market. According to Safaricom's public relations manager Christopher Karanja, by mid-March 2023, Safaricom had 2.8 million subscribers in Ethiopia.
“As of mid-March, our customer...
