#InukaSME Tweet Chat with Kenya Bankers Association and Kenyan Wall Street
The Kenya Bankers Association and Kenyan Wall Street partnered on 30 November 2018 to educate business owners on financial management through #InukaSME Twitter chat. The full day initiative saw Kenyans learn [...]
Small Businesses to start Paying Presumptive Tax from January 2019
Small enterprises in all counties will start paying 15 per cent of the business permit fee or license from 1 January 2019, the tax Czar has proclaimed. In a notice [...]#MatatuCBDBan Was a Tower of Babel
Monday morning, Nairobi was a tower of Babel as commuters, the transport industry and the traffic marshals were at loss on how to implement the regulations banning matatus from entering [...]
Gem CM Construction put under Receivership
Gem CM Construction has gone into receivership pursuant to provisions to the liquidation order issued on 2 November 2018. The liquidator has asked creditors to seek claims against the firm [...]African Development Bank Group approves US$18.17 million for the Kopere Solar Project in Kenya
The African Development Bank Group has approved a US$ 18.17 million senior loan to the 50MWp Kopere Solar Power Project owned by Voltalia, an international player in the renewable energy [...]Nairobi Business Ventures to List New Shares on NSE
Capital Markets Authority has approved Nairobi Business Ventures LTD to offer and list 15 million new shares on the securities exchange, according to reports by Bloomberg. This comes after the [...]National Bank Q3 Earnings Down 84%
National Bank of Kenya has released its financial results for the period ended September 2018 with profit after tax declining massively by 84% to Ksh22 Million. Total interest income fell [...]Kuramo Capital To Buy 12% of Pezesha
Kuramo Capital has shown major interest in Pezesha African LTD, and intends to buy a 12 per cent stake in the Kenyan digital micro lender. The American private equity firm was [...]Bamburi Cement Issues Profit Warning As 2018 Earnings Expect To Dip
Bamburi Cement has joined HF Group and Sameer Africa in issuing a profit warning, indications that its revenues for its financial year will be lower than 25 per cent it [...]HF Group Issues a Profit Warning, posts Sh 332 million loss
HF Group has issued a profit warning for the year ended 31 December 2018, blaming the poor performance on downward revision of central bank rate, and increase in cost due [...]UBA Kenya Reports 262% Rise in Q3 Pre Tax Profit
United Bank for Africa (UBA), Kenya has announced its results for the period ended September 30, 2018 profit before tax rising by 262% to Sh 52.2 Million compared to Kes 14.4 [...]Actuaries Best Professionals To Drive Uhuru Kenyatta's Big Four Agenda
Actuaries are the most suitable professionals to steer President Uhuru Kenyatta's Big Four Agenda to its fruition owing to their expertise in risk and modelling. Speaking during the annual Actuarial [...]
