Business

Kenya Power Secures Sh12 Billion AfDB Funding to Expand Electricity Access to 150,000 More Homes

Kenya Power has secured a Sh12 billion funding boost from the African Development Bank (AfDB) to drive the third phase of its flagship Last...

Kenya’s Listed Insurers in 2024: Profits, Payouts & Untapped Potential

Kenya's Listed Insurers Show Mixed Financial Performance in 2024Kenya's insurance sector, represented by listed companies on the Nairobi Securities Exchange (NSE), showed a blend...

NCBA to Appeal KSh 384.5 Mn Tax Ruling on 2019 Merger

NCBA Group PLC has announced plans to appeal a High Court ruling that invalidated a KSh 384.5 million stamp duty waiver granted during the...

Kenya to Strip Anonymity from Crypto with New Law Targeting Tax Evasion and Crime

Kenya is set to enforce tough new rules on cryptocurrency exchanges and wallet providers through the proposed Virtual Assets Service Providers Bill of 2025,...

KRA Lowers Fringe Benefits and Deemed Interest Tax Rates for Second Quarter

The Kenya Revenue Authority (KRA) has revised the Fringe Benefit Tax and Deemed Interest Rate applicable from April through June 2025, setting both rates...

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