Business
KRA Slashes Kshs. 140 Billion in Tax Penalties and Interest with New Amnesty Program
In a major relief for taxpayers, the Kenya Revenue Authority (KRA) has rolled out an enhanced tax amnesty program, waiving an impressive Kshs. 140...
Kenya Secures Ksh 128 Billion Deal to Boost Industrial Growth and Trade
In a significant step toward accelerating industrialization and boosting economic growth, Kenya has entered into a KSh128 billion ($1 billion) lease agreement with the...
How Ex-Equity bank employee orchestrated sh380M fraud in just one month
A legal battle has ensued after Equity Bank flagged questionable fund transfers amounting to Sh386.5 million, which it attributed to fraudulent activities involving a...
Kenya Leads Africa in 2024 Venture Capital Investments with Record-Breaking $537 Million
Kenya has emerged as the top destination for venture capital (VC) funding in Africa for the year ending December 31, 2024, securing $537 million...
East African Portland Cement’s Market Comeback Drives Massive Revenue Growth
East African Portland Cement (EAPC) has made a remarkable turnaround, posting a Sh35 million profit for the six months ending December 2023, reversing a...