Kenya Power appoints interim senior management team
KLPC Board of Directors has appointed an interim senior management team that will run the Company pending hearing and conclusion of ongoing corruption allegation cases against previous managers. Eng. Jared [...]
Equity appoints Mary Wamae as Group Executive Director
Equity Group Holdings Plc has appointed Mrs. Mary Wangari Wamae as Group Executive Director overseeing the Group’s subsidiaries. Her new role will include overseeing the management of the Group’s banking [...]ARM Cement IFC Still Negotiating Capital Injection Agreement
Kenya’s ARM Cement Limited is yet to finalise its capital injection agreement with the International Finance Corporation (IFC) with regards to a capital injection that will help the struggling company [...]KCB to Partner with an Ethiopian Bank as the Country Opens Up to Foreign Investors
KCB Group, Kenya’s leading bank by assets, could partner with a local Ethiopian bank as it hopes the new leadership in the country will open up the banking sector to [...]LSK requests parliament to Cap mobile loans interest rates
The Law Society of Kenya (LSK) through a petition to the National assembly, now wants all credit providers, including mobile loan providers placed under the in duplum rule, a move [...]Kenyan Gvt Delays the Recommencement of Oil Transportation
The government delayed the transportation of oil from Lokichar to Mombasa as it met with Tullow Oil officials last week to discuss a strategy of resuming the early oil pilot [...]Kenya's Blockchain Taskforce Proposes Creation of Local Digital Currency
Kenya’s recently formed blockchain artificial intelligence taskforce has proposed a digital asset registry and a digital currency for the country citing that they can create trust. According to the [...]Kenyan Govt Set to Introduce Data Protection Privacy Bill
The government is about to introduce the Data Protection and Privacy Bill which will safeguard the data of Kenyan consumers according to ICT principal secretary Jerome Ochieng. The Bill will [...]EAC Revenue Commissioners to Improve Income Tax Compliance to Curb Revenue Loss
The East African Community (EAC) revenue commissioners have agreed to improve income tax compliance of high net worth persons and SMEs in an initiative to address issues surrounding tax administration [...]Construction for Konza City HQ set to be complete in November
The construction of KONZA City Headquarters is scheduled for completion on 23rd November, 2018. The Ministry of ICT, The Standing ICT Committees of Council of Governors, National Assembly and Senate [...]KRA's Alternative Tax Disputes Resolution System Raises Sh8.3bn
The Kenya Revenue Authority (KRA) has raised Sh8.3 billion as at April 30, 2018, from the Alternative Dispute Resolution (ADR) system. The ADR system has resolved 181 tax disputes in [...]Kenya Power Board Suspends MD Ken Tarus
Kenya Power Board of directors has suspended the company's Managing Director Ken Tarus following summons over graft allegations amounting to more than Sh 4.5 Billion involving 40 former and current [...]
