Kenya Ranks Top Tax Haven in Africa- Financial Secrecy Index 2018
The 2018 Tax Justice Network’s Financial Secrecy Index (FSI) has ranked Kenya as the leading financial secrecy jurisdiction in Africa. This means that Kenya is one of the countries in [...]
Capital Markets Regulator Unveils New 5-year strategic road map
The Capital Markets Authority (CMA) of Kenya has released a 2018-2023 strategic blue print that will start running from this month, guiding it for the next five years. The strategy [...]8 Kenyan counties to receive US $15m grant for water sanitation projects
Kenya is set to receive a grant of $15Mn (Ksh 1.51 Bn) from Demark for a water and sanitation project in 8 counties through the Green Growth Employment Programme. The [...]President grants 15% tax reprieve for the Affordable Housing Beneficiaries
President Uhuru Kenyatta has signed into law a Bill granting a 15 per cent relief for Kenyans buying houses under the Affordable Housing Scheme. The Head of State also signed [...]Q2 Mobile Money Transaction Value Hits Sh1.76tn CA Report
Kenyans conducted 607.4 million mobile money transactions valued at Sh1.763 trillion in the second quarter of the 2017/18 according to a Communications Authority of Kenya (CA) latest report. During the [...]Windsor Brokers Upesi Money Transfer Eye Kenya's Online Forex Trading Market
Kenya's Capital Markets Authority (CMA) is engaging with two potential brokers who are seeking approvals with regards to venturing into the country's fast growing online forex trading market. The two [...]Interview: mSurvey Leverages on Mobile Phone Penetration in Africa to Help Companies Improve Consumer Experience
Kenyan Wall Street interviewed Kenfield Griffith, the CEO and co-founder of Nairobi-based mSurvey to understand the company’s role and experience in the untapped market of the consumer experience in Africa. [...]Kenya's High Court Suspends New Tax on Bank Money Transfers
The High Court has suspended the implementation of the excise duty introduced under the Finance Bill 2018 after the Kenya Bankers Association (KBA) challenged the new tax through a court [...]World Bank Appoints New Country Director for Kenya, Ms. Diarietou Gaye assigned Regional Role
Mr. Felipe Jaramillo has been appointed as the new World Bank Country Director for Eritrea, Kenya, Rwanda and Uganda, effective July 1, 2018. He succeeds Ms. Diarietou Gaye, a Senegalese national, [...]
GreenTec Capital invests in Kenya’s Bismart insurance tech startup
German based GreenTec Capital has announced its investment into Bismart Insurance from Kenya. The company plans on leveraging on cutting edge technology, whereby Bismart Insurance provides a digital interface to [...]CBK to Begin new Process of Seeking Imperial Bank Investor
The Central Bank of Kenya (CBK) is set to begin searching for a new investor to take over Imperial Bank, a move that could see the bank’s customers wait longer [...]Nairobi Securities Launches Pilot Phase of the Derivatives Market
The Nairobi Securities Exchange (NSE) has launched the pilot stage of the derivatives market which had been delayed because of unawareness and limited interest from investors. The exchange has been [...]
