Individual Income Tax Revenue Rises to Ksh 333.5 Billion
Individual income tax collection from employment, rent, business, interests, and dividends grew for the first time by a third since the onset of the Covid-19 pandemic after the government lifted [...]
Equity Introduces a Virtual Assistant ChatBot on Social Media Platforms
Equity Bank has introduced its Equity Virtual Assistant (EVA), the Bank’s chat banking platform on social media platforms including WhatsApp, Facebook Messenger, and Telegram. EVA chatbot offers digital banking and [...]Government Set to Roll out Telemedicine Programme to Improve Acess to Healthcare Services
Kenya is set to roll out a grant telemedicine program across the country to improve access to healthcare, particularly in remote and marginalized regions. Already, the government through the Communication [...]NSE Daily Equity Turnover rises to KSh 447M
Nairobi Securities Exchange( NSE) began the week with 13million shares valued at KSh 447million, against 7.95million shares valued at Kes.273million posted on Friday. The NSE 20 share Index was down [...]
NSE Weekly Market Capitalization Drops 5.1% to KSh 2.1 Trillion
NSE Market Capitalization closed last week at KSh 2,064.95 Billion, a 5.12% decrease from the prior week’s KSh2,176.36 Billion. According to the NSE Barometer weekly bulletin, there was a net [...]Treasury Publishes Draft Framework for Sharing Mineral Royalties
Treasury has developed a draft framework for sharing revenue from mineral royalties among National Government, County Governments and Communities. In a public notice, Treasury CS Ukur Yatani said the purpose [...]Nairobi Central Railway Station Project Designs Completed
Nairobi Central Railway Station project designs have been completed by Atkins UK on behalf of Kenya Railways Corporation and the Ministry of Transport. In January 2020, President Uhuru Kenyatta asked [...]NSE Weekly Turnover Dips to KSh 1.64Billion
Nairobi Securities Exchange(NSE) Weekly Equity Turnover stood at KSh 1.64billion on 54.8million shares when trading ended at the bourse last week, against KSh 2.48billion on 77.8million shares posted the prior [...]CBK Raises KSh 16.9 Billion in May T-Bond Tap Sale
Central Bank of Kenya(CBK) received bids worth KSh 17 billion at the May Treasury Bonds tap sale out of the advertised amount of KSh 10 billion and accepted KSh 16.9 [...]Equity Group's Insurance Business Gets Boost from KSh400 Million Investment
Equity Group has invested KSh400 million in establishing a subsidiary that will run its insurance business as the listed firm seeks to diversify from the mainstay banking operation. According to [...]
Diaspora Remittances Fall to KSh41.35 Billion in April 2022
Kenyans living abroad sent home KSh41.35 billion in April (diaspora remittances), a KSh700 million drop compared to the KSh42.05 billion sent in March. The Central Bank of Kenya (CBK) data [...]Kenya's Horticulture Exports Earnings Fall to KSh26 Billion in Q1 2022
Kenya's Horticulture exports earnings dropped by KSh20 billion in the first quarter of this year, attributed to low-quality avocados and a sharp fall in returns from flowers. Data from the [...]
