How Dividends are Taxed in Kenya
Dividends for purposes of taxation is any distribution, whether in cash or kind, made before or during winding-up by a company to its shareholders concerning their equity interest in the [...]
4G Capital Launches KSh 500Mn Corporate Debt Programme Through Dry Associates Investment Bank
4G Capital, a leading provider of tailored financial solutions to MSMEs in Africa, has announced the successful launch of a Kenya Shilling 500 million debt programme. This milestone was achieved [...]
State to Divest from 6 Listed Companies
Cabinet has approved the divestiture of the state’s shareholding in six listed firms on the Nairobi Securities Exchange (NSE), including its shareholding in the bourse itself. “The divestiture in the [...]
Kuza Assets Crosses KSh 1bn in Assets Under Management
Kuza Asset Management has hit the KSh 1 billion threshold in assets under management, the fund manager said in a statement “Currently we have 10 products that cater to retail [...]NSE Derivatives Market Hits Record Highs
The Nairobi Securities Exchange (NSE) Derivatives Market turnover for the first 5 months of 2024 has surpassed the total turnover for the full year 2023. Derivatives are investment tools whose [...]Fairness in Borrowing Rates, Investment Dominate AfDB Conference
African heads of states have pledged to ramp up their share contributions to the African Development Bank (AfDB) to enable the institution to viably fund entrepreneurs and empowerment programs across [...]Is Bitcoin the New Gold?
Bitcoin or Gold, which is the better investment over time? The comparison of the two asset classes has been a great debate. It is essential to ascertain each instrument's intended [...]
European Investment Bank Invests 25Mn Euros into Amethis Fund III
European Investment Bank (EIB Global) has invested €25 million into Amethis Fund III, a pan- African fund providing private equity growth capital to medium sized companies on the continent. “The [...]Safaricom’s Spark Accelerator Unveils 9 Startups in First Cohort
Leading telco Safaricom has unveiled the first cohort of nine startups in its restructured Spark Accelerator Program. The program, implemented by iHub, aims at growing and scaling commercially viable businesses. [...]Kenya, US Ink Multiple Investment Deals During President Ruto's State Visit
Kenya and the United States have signed multiple investment deals worth billions of dollars during President William Ruto's state visit, the White House said in a statement. The two countries [...]Microsoft Announces $1 Billion Investment in Kenya’s Digital Ecosystem
US Tech giant Microsoft Corporation, in collaboration with G42, an Emirati artificial intelligence (AI) development company, have announced a $1 billion investment in Kenya's digital ecosystem. Key Highlights 1. State-of-the-Art [...]Wealthy People Shift from Classic Cars to Arts as Most Preferred Investment of Passion
Art has overtaken classic cars as popular investment of passion option among Kenya’s wealthy population. “The shift from classic cars to art among Kenyan clients suggests a dynamic response to [...]
