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Carbacid and BOC Gases
BUSINESS

Carbacid Shareholders Approve BOC Acquisition

The proposal was voted upon and approved at CIL’s 49th Annual General Meeting

MARKETS

Dividend Pain For EABL Shareholders as Half-Year Profits Tumble 47%

Brewer profits smothered by the pandemic with measures such as shutting down of bars across the country coming back to bite the company

CIC Insurance
BUSINESS

CIC Group Issues Profit Warning On COVID Woes

The company also noted viscosity in the property market pointing out it has been tight with limited opportunities to dispose properties and support...

Times Tower. The KRA headquarters in Nairobi
BUSINESS

KRA Wins Sh9.3bn Case Against Embu Wholesaler

Embu business run by a man and his wife lose battle against taxman who can now collect Sh9.3 billion from them

Central Bank of Kenya (CBK)
ECONOMY

Banks Restructure Sh1.6trn Worth Of Loans in 10 Months

Personal and household loans amounting to Ksh333.0 billion or 39.6 percent of the gross loans to this sector have had their repayment period...

BUSINESS

CBK Retains Base Lending Rate at 7%. Plans Further Economic Intervention Measures

The regulator is considering rolling out further economic intervention measures after being satisfied with the execution of the Economic Stimulus Program to cushion...

BUSINESS

Mastercard to Use Quantum-Resistant Technology to Protect Contactless Payments

New Enhanced Contactless specifications provide next-generation capabilities for advanced protection and convenience

BUSINESS

KRA Issues Corporate Tax Guidelines Following End of Relief Measures

The guidelines will be used by corporations whose accounting periods ended in the Year of Income 2020 or are due to end in...