News
Nairobi Ranked The ‘Highest’ City In Cannabis Consumption
A recent report has revealed that Nairobi has the highest rate of Cannabis consumption in the country. This is according...
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China’s Debt Tax Load Sees A Decline During States First Budget
Kenya is anticipated to slow its debt repayments to China in the 2019 fiscal year for the first time since...
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Struggles To Survive On Sh46,355 A Month In Nairobi
With the rising cost of living, Nairobi can be a challenging place to live considering a majority of people make...
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Tax Refund Claims Decrease To Sh12 Billion Despite New Regulations
Despite ongoing efforts to resolve the returns issue, the government still owes Kenyan firms Sh12 billion in tax refunds. According...
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New Applicants to Receive IDs Within 21 Working Days
The government has announced that individuals applying for new identity cards will now receive them within 21 working days. According...
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Makenzi To Be Detained For 23 More Days Amid Probe Into Shakahola Massacre
Controversial preacher Paul Mackenzie, along with his wife and 17 other suspects, were arraigned at the Shanzu law courts on...
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Alcohol and cigarettes exempted from tax increases, For the first time in five years
The Finance Bill exempted alcohol and cigarettes from excise duty changes, despite the fact that neither commodity had seen a...
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Bank Loan Margins Are Shrink As Deposit Rates Rise
Loan interest margins have shrunk as commercial banks provide higher rewards on fixed deposit accounts to entice large depositors. According...
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Tally At Shakahola Tragedy Hits 133 as 21 More Bodies Exhumed
The second phase of exhumation of suspected cult victims at Shakahola Forest in Kilifi County resumed today as 21 more...
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Raila Takes Ruto To Court Over Shakhahola Commission Of Inquiry
The leader of Azimio La Umoja One Kenya Raila Odinga, has brought a lawsuit against President William Ruto for overstepping...
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Bamburi faces Sh1.2 billion in tax charges from Kenya and Uganda
Authorities in Kenya and Uganda have filed tax claims against Bamburi Cement totaling Sh1.2 billion, but the company maintains it...
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Taxpayers Saves Ksh3.6 billion After Reduced Railway Tariffs
The Railway Development Levy (RDL), which is one of the proposals President William Ruto has emphasized as a key pillar...
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Over 1.9 Million Bank Accounts With More Than $100,000.
In the year leading up to December, the number of bank deposit accounts with a value of above Sh100,000 expanded...
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13 banks with bad financial standing in one year
The number of commercial banks in Kenya with poor financial standing rose to 13 last year as more institutions failed...
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