KRA Deploys Team to Monitor Tax Compliance, Expand Tax Base
The Kenya Revenue Authority (KRA) has dispatched a team to physically visit taxpayers premises within the country. The team also known as Revenue Service Assistants (RSAs) will collect data, facilitate [...]
Shelter Afrique signs Housing Deal with DRC
Shelter Afrique has signed a Memorandum of Understanding (MoU) with the government of the Democratic Republic of Congo (DRC) to scale up the development of large-scale affordable housing projects in [...]
CBK Collects KSh 18.8 Billion at Weekly Treasury Bills Auction
Central Bank of Kenya(CBK_ received bids worth KSh 20.2 Billion at this weekly treasury bills auction, a performance rate of 84.1%, and accepted Treasury Bills worth KSh 18.8 Billion in [...]Kenya’s Head of Public Service Wants CEOs of Water Works Authorities Suspended from Office
Kenya’s Chief of Staff and Head of Public Service is pressing for the suspension of two chief executive officers of water works agencies over procurement and award of tenders. On [...]CMA Directs Online Foreign Exchange Brokers to Enhance Disclosure Mechanisms
The Capital Markets Authority (CMA) has released new guidelines directing online foreign exchange brokers to enhance disclosure mechanisms, promote transparency and ensure investor protection. To mitigate therisks and losses associated [...]Ruto Sustains Push for Debt Restructuring to Aid Development, Climate Action
President William Ruto has sustained push for debt restructuring for poor nations to promote meaningful development and support climate action initiatives. According to the International Monetary Fund (IMF) data as [...]Safaricom Effects New M-Pesa Transaction Limit
Safaricom has increased M-PESA transactions limit to Sh250,000 for each transaction. The move will see the addition of a new transaction band of Sh151,000 to Sh250,000 for Send Money, Lipa [...]Comesa Ministers Link High Transport Cost to Inadequate Infrastructure
Inadequate rail, road, air and waterways network is driving up the value of exports by as much as 70 per cent for the landlocked countries within the Comesa region. Ministers [...]PwC Forecast: Revenue From Over the Top Media Services to Rise Rapidly in Five Years
Over The Top media services income is set to rise rapidly over the next five years, with revenue growth to 2026 expected to outpace increases in TV subscription revenue across [...]Ezra Chiloba, Others Accused of Mismanaging CA Staff Mortgage Scheme
Five top officials of the Communications Authority of Kenya face various actions over an alleged mismanagement of Staff Mortgage Scheme. Director General, Director of Human Resources, Director of Legal Services, [...]Artificial Intelligence Tops Most Searched Topics in Kenya
Artificial Intelligence is the most searched topic by Kenyans in the Google search engine. Trends show that people have searched for Artificial Intelligence (AI) more than ever in 2023 so [...]Kenya’s Economy to Grow by 5.3% in 2023/24 -Outlook
Kenya’s economy is projected to grow at 5.5% in 2023 and maintain this growth momentum for the next three years. This is according to Kenya’s National Treasury Draft Budget Review [...]
