Hudson Andambi Appointed Ag MD Kenya Pipeline as Sang, Five Others, Arrested
HUDSON ANDAMBI has been appointed the Ag Managing Director of Kenya Pipeline Company LTD, following the Friday morning arrest of the firm's top brass. The Permanent Secretary of the Ministry of [...]
PE Firm Ascent Capital Africa Seeks To Raise Ksh12B For Its Ascent Rift Valley Fund II
ASCENT CAPITAL AFRICA LTD is seeking to raise Ksh12 billion to finance its new Ascent Rift Valley Fund II. Lucas Kranck, the firm’s co-founder, told Bloomberg that it is going [...]KRA Asked to Reduce Tax Rates and Eliminate Smaller Taxes to Achieve Revenue Targets
The Kenyan government has been advised to consider reducing tax rates going forward if it is to achieve its revenue targets, a report by PricewaterhouseCoopers has suggested. The Paying Taxes [...]NIC Bank and CBA Group In Merger Talks to Create 3rd Largest Kenyan lender
Two Kenyan based banks NIC Group and Commercial Bank of Africa (CBA) Group have announced talks about a merger that could create the country's third-biggest bank with assets of more [...]
Turkana County To Increase Its Levies
Josphat Nanok’s government has raised taxes as it seeks to meet its revenue targets for the current financial year. Assenting to Turkana County Finance Bill, 2018, the governor has given [...]Mental Health Debunked at #Movember #UrbanHealth Event
#UrbanHealth #Movember took place at Urban Eatery, located at Delta’s PwC Tower, Westlands, Nairobi. Kenya’s top psychiatrists attended the inaugural event as Kenyans – both male and female congregated [...]Harmonisation of Customs Processes in Eastern Africa Key in Trade Facilitation: KRA Commissioner General
Eastern African revenue authorities have been urged to come up with more innovative ways of addressing emerging customs revenue policy and administrative challenges. The Kenya Revenue Authority commissioner general John [...]Ethiopian Airlines, EU Agrees to Establish Ethio-European International Business School
Ethiopian Airlines has signed a letter of intent with the European Union to establish Ethio-European International Business School. The letter was signed by H.E. Ambassador Johan Borgstam, head of the [...]Elizabeth Littlefield Takes Over Mugo Kibati's Role as M-KOPA's Board Chairman
M-KOPA has appointed Elizabeth L. Littlefield as its new Board Chairman. She will take over from Mugo Kibati, who has chaired the M-KOPA Board since February 2016 and is stepping [...]Lake Turkana Wind Power's extra Ksh9.6B Penalty Demands From Government Put on Spot
The Senate has raised an alarm over the Lake Turkana Wind Power’s demands for an extra Ksh9.6 billion from the government as penalties for the late completion of a transmission [...]Barclays' Timiza Hits 2.7 Million users
Barclays Bank's Timiza mobile app has registered 2.7 million customers barely a year after its introduced in Kenyan market. The app, which allows customers to access instant loans, deposit funds, pay [...]AfCTA Expected to Boost Intra-African Trade by 50%
The African Continental Free Trade Area is expected to boost regional trade and industrialisation by 50 per cent if implemented in March 2018. The agreement, which was signed last March [...]
