Centum Falls Short of Share Buyback Target After Repurchasing 10.8 Million Shares
A multi-year effort by Centum Investment Company to buy back its own shares has come to an end, with the company purchasing only...
SABRINA BT2 Mins read
CBK Signals Pressure on Shilling as Forex Reserves Drop
A recent dip in Kenya’s foreign exchange reserves is highlighting the growing pressure on the country’s external position, even as authorities move to...
SABRINA BT2 Mins read
Court Lifts Block on EABL Sale, Paving Way for Asahi Takeover
A planned multibillion-shilling takeover of East African Breweries PLC (EABL) has been given the green light after the High Court threw out a...
SABRINA BT2 Mins read
Confusion as KPC Insists Fuel is Available While Stations Run Dry
As queues grow at petrol stations in several towns, Kenya Pipeline Company (KPC) has moved to reassure Kenyans that the country is not...
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Firms Get Relief as KRA Blocked from Freezing VAT Credits
A new ruling has handed Kenyan businesses a significant win in their long-running battles with the taxman, after the Tax Appeals Tribunal stopped...
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Ruto Nominates Wattanga as High Commissioner to South Africa After KRA Exit
President William Ruto has nominated former Kenya Revenue Authority Commissioner General Humphrey Wattanga as Kenya’s High Commissioner to South Africa, in a fresh...
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KRA Appoints Lilian Nyawanda Acting Boss as Wattanga Exits
Lilian Nyawanda has been tapped to take over the leadership of the Kenya Revenue Authority (KRA) in an acting capacity, marking a shift...
SABRINA BT1 Mins read
Road Contractors Set for Ksh20B Payout as State Clears Arrears
Fresh payments to road contractors are set to inject new life into Kenya’s infrastructure sector, after years of stalled projects and mounting unpaid...
SABRINA BT2 Mins read
