Britam Appoints Hilda Njeru as Director Legal, Company Secretary
Britam Holdings Plc Board of Directors has appointed Hilda M. Njeru as the Director Legal and Group Company Secretary with immediate effect. Britam said in a statement that Hilda’s appointment [...]
KRA's Jan 1st 2024 Deadline for Businesses to Start Generating Electronic Invoices
KRA (Kenya Revenue Authority) has set a deadline of 1st January 2024 for all businesses to electronically generate and transmit their invoices to the taxman via eTIMS from 1st January [...]Multichoice Executives Appear Before Parliament Over Joint Venture with KBC
MultiChoice Kenya has appeared before Parliamentary Investments Committee on Social Services Administration and Agriculture to respond to questions relating to apartnership between MultiChoice Kenya, state broadcaster Kenya Broadcasting Corporation (KBC) [...]
EPRA Reduces Fuel Prices as Festive Season Sets in
The Energy and Regulatory Authority (EPRA) has eased the pain of Kenyans during the festive season by lowering fuel prices, in changes to run upto mid-January next year. “The price [...]Africa to Lose $25 billion Annually to Europe-wide Carbon Tax
The President of the African Development Bank (ADB) Group Dr Akinwumi Adesina has reiterated his warning that the introduction of a carbon border tax by the European Union could push Africa [...]
Twiga Foods CEO Peter Njonjo Proceeds on Sabbatical Leave
Twiga Foods has announced changes in its top management after Peter Njonjo took a 6-month sabbatical leave. “The board supports Peter’s decision to take a sabbatical and has full confidence [...]Kenya In No Rush to Have Strategic Fuel Reserves
A glimpse into the current economic policies makes little to no mention of plans by Kenya to set up strategic fuel reserves despite this idea being on the cards of [...]Gov Targets Bomet-Narok Power Line to end Power Blackouts
The government has resolved to speed up the construction of Bomet-Narok power line to end power blackouts threatening Kenya’s image as a preferred investment destination. The cabinet meeting resolved that [...]World Bank Splashes $150m in 45k Jobs Project
The World Bank has approved the Kenya Jobs and Economic Transformation Project (KJET) to benefit at least 45,000 Kenyans, including at least 6,800 women through new or improved job opportunities. [...]Diaspora Capitalizes on Weak Shilling with Real Estate
This rapid devaluation has raised concerns among both local and international investors, but for Kenyans living abroad the devaluing currency presents a unique buying opportunity in Nairobi’s residential real estate sector.
CBK, European Investment Bank Move to Unlock Green Financing in Kenya’s Banking System
The Central Bank of Kenya (CBK) and European Investment Bank (EIB) have launched a new climate finance best practice initiative to strengthen engagement by Kenyan financial institutions. “Considerable progress has [...]KRA Collects One Trillion, Supported by Customs Collection
The Kenya Revenue Authority (KRA) has collected Ksh 1.030 Trillion as at 8th December, 2023, supported by customs collection. Revenue collection has progressively increased in the last 5 months (July [...]
