Loan Apps in Kenya Fight New 20% Tax

    The Digital Finance Services Association of Kenya wants the implementation of the Excise Duty Act as amended by the Finance Act 2022 suspended pending determination of the suit.

    News Just IN

    Latest in Business

    Real estate




    Why Magoha Left Kenyan Parents Dissapointed

    "Schools were to open on August 11, but this was pushed to August 18. Our appeal is that the school calendar be extended or if it is not possible, they reduce the school fees," Maiyo appealed to Magoha.

    Loan Apps in Kenya Fight New 20% Tax

    The Digital Finance Services Association of Kenya wants the implementation of the Excise Duty Act as amended by the Finance Act 2022 suspended pending determination of the suit.

    Kakuzi Half-year Profits Soar 60% To Ksh495 Million

    Listed agribusiness firm Kakuzi PLC has posted 60 per cent increase in pretax profit in its half-year results to Ksh494.7 million. The profits have been...

    SportPesa Licensed to Operate by the BCLB

    "We are in receipt of our licence BCLB no. 0000448 valid up to June 30th, 2023," SportPesa noted in new communication seen by Business Today. SportPesa was among at least 97 firms which, as of July 1st, had failed to have their licenses renewed by the BCLB.

    Karauri Addresses Alleged Kenyatta Family SportPesa Grab

    Itumbi had claimed that the company's operational license had been awarded to a member of the Kenyatta family in what he described as 'a clear théft of intellectual property'. Besides the post by Itumbi, unverified reports have been widely circulated across social media claiming that the Kenyatta family was involved in a plot to take over key SportPesa assets.

    NMG Half-Year Profit Slides to Ksh247 Million

    NMG attributed the decline in profitability to factors including a 'drastic' rise in the global prices of newsprint paper, disclosing that the costs were up over 100% compared to the previous year. The company also cited the weakening of the Kenyan shilling against the dollar driving up the cost of imported raw materials.

    Businessman Slashes Fertiliser Prices To Ksh254 To Celebrate Peaceful Elections

    At last, the election season, which saw Kenyans struggle to open shops, do business and maintain incomes, is now firmly behind us and Kenyans...

    TransCentury Subsidiary To Build Ksh30B Housing Units In DRC

    AEA Ltd (AEA), a subsidiary of TransCentury PLC, has signed a memorandum of understanding (MOU) with Symbion Architect to construct housing units for Office...

    Joanne Mwangi-Yelbert Appointed New KTB Chairperson

    President Uhuru Kenyatta appointed Ms Joanne Mwangi-Yelbert as Chairperson of the Kenya Tourism Board (KTB)for a three-year term via gazette notice dated July 5,...

    Kenyan Families To Pay 1.75 Times Of Their Household Monthly Income On School Supplies – Survey

    Global payments company WorldRemit announced the results of its 2022 Cost of School study observing how the changing economic environment has affected the true...

    End of the NMS Era as Sakaja Takes Over City Hall

    The four core functions of the county which the NMS took over are health services, transport services, physical planning and development and public works, utilities and ancillary services.

    CNBM Ranked 196th on Fortune Global 500 List 2022

    While pursuing high-quality development, CNBM will stick to its core concept of “making use of resources to serve the construction” practice its corporate responsibility of “creating a wonderful world with materials”, and strive to offer more high-quality products and services.

    The Real Housewives of Nairobi: Global TV Franchise Comes to Kenya

    The shows will be produced as part of the licensing partnership between NBC Universal Formats and MultiChoice Group - the African entertainment giant behind pay TV services DsTV and GoTV as well as streaming platform Showmax.  NBCUniversal Formats is the International Sales division for all Formats created within the production and broadcast divisions of NBCUniversal.

    MultiChoice Adjusts Prices For DStv Business Packages

    Commercial customers on the DStv Business packages will now pay new rates beginning 1st September, 2022. MultiChoice Kenya revised the subscription prices for all...

    M-Net To Exclusively Air Reeva Steenkamp Documentary, My Name s Reeva

    It’s been nine years since the senseless and brutál déath of Reeva Steenkamp at the hands of her then-boyfriend, Oscar Pistorius, and it is...

    Inside President-elect Ruto’s Multi-Billion Shilling Business Empire

    He has built a massive empire spanning sectors including hospitality, real estate, agriculture and insurance. He has also previously disclosed assets including stocks in various Nairobi Securities Exchange (NSE)-listed firms and land parcels.

    BT Fact Check