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NEWS

Kenyans to pay 16% VAT on cheque processing, forex transactions

The 2024 Finance Bill has raised a storm by proposing a series of controversial taxes that have left Kenyans puzzled. Among the proposed taxes...

Bread, boda boda, car ownership tax and other punitive taxes coming to you

The government through the National Treasury is proposing to hit Kenyans with a series of new punitive taxes that will increase the cost of...

‘I am not an NIS spy’, says Nairobi pencil hawker making at least Sh. 1,500 daily

Edgar Ignatius Otieno is a household name along the streets of Kenyatta Avenue, but many do not know him for his formal name. He...

Immigration to be opened Saturday for passport collection

The Immigration Department has announced that it will remain open on Saturday, May 11, to allow Kenyans to collect their passports. In a statement on...

Stanbic Bank announces Sh. 3.9 billion net profit in Q1

The Stanbic Bank has announced a marginal profit growth of 2.8 per cent in the first quarter of 2024. The bank has become the...

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