Indians Living in Kenya Repatriate $137m Ahead of June 2019 Deadline
Wealthy Indians living in Kenyan are repatriating their money stored in Kutch banks ahead of the tax amnesty on foreign income of June 2019. According to the Times of India, [...]
Court Declines to Stop Prosecution of Cytonn Founders Over Sh 1.1B Theft
The High Court has dismissed a case filed by four Cytonn Investment executives seeking to stop their prosecution for allegedly stealing about Sh 1.1 Billion from Britam in 2014. Britam [...]
Taxify Kenya Update; Earnings Up 25%, 200 Female drivers, Plans to expand to Nakuru, Kisumu Eldoret
Mobile transportation Application, Taxify says it has recorded an increase in income despite slashing fares few weeks ago. According to Shivachi Mulenji, the company's Manager for East Africa, there has [...]Nation Media Shares Hit 13 Year Low!
Nation Media Group (NMG) shares fell to a 13-year low of Sh 73.5 on Monday ahead of the company's books closure this week. Its stock has plunged by more than [...]Qatar Airways Launches 2nd Destination in Kenya with New Flights to Mombasa
Qatar Airways, the national carrier of the State of Qatar has announced that it will launch direct flights to Kenya’s second city, Mombasa, opening up the country’s beautiful coasts to international [...]CBA Loop Seeks to Curb Destructive Spending Habits with its Budget Feature
CBA’s Loop mobile application is changing the way Kenyans manage their spending habits through a budget feature that tracks a user’s set budget versus their spending. This app comes at [...]Kenya's Peter Ndegwa Named First African Diageo Head in Europe
Nairobi, September 11 2018; Peter Ndegwa, the former managing director of Guinness Nigeria Breweries Plc, has been named the new head of Diageo’s operations in Europe to become the first [...]Europe's Low-Cost Airlines Ryanair EasyJet to Fly to Kenya
Europe’s top low-cost airlines Ryanair and easyJet are set to fly to Kenya as the government strategizes on ways to boost the tourism sector. The tourism Cabinet Secretary Najib Balala [...]Vodacom Tanzania Appoints New Acting MD, Sylvia Mulinge Denied Work Permit
Tanzania has reportedly not issued Sylvia Mulinge with a work permit to begin her role as the managing director of Vodacom because President Magufuli believes there are more experienced Tanzanians [...]Kenya's Marianne Mwaniki Appointed Visa Inc. Senior VP of Social Impact
American multinational financial services corporation Visa Inc. has announced that Kenyan national Marianne Mwaniki has joined the company as senior vice president of social impact, with responsibility for the company’s [...]Total Nigeria MD Appointed Chair of Kenyan Business
Integrated oil and gas company Total Kenya has appointed the Managing Director and Director of TOTAL Nigeria Jean Philippe Torres to chair its Kenyan Board effective 5th of September, after [...]Treasury Braces Itself Ahead of Eurobond SGR Debt Repayments in 2019
The National Treasury is bracing itself for the upcoming maturing loan obligations in 2019 through the implementation of the new taxes under the Finance Bill 2018. That could mean that [...]
