FEATURED ARTICLE
This section offers a critical and insightful take on various issues in the news – economy, business, markets and politics.
China: A Saviour For Emerging Markets Or a Poison Pill?
As the coronavirus pandemic enters its second year, developing countries around the world are struggling with stalled-out growth and loan repayments that are now outside...
BUSINESS TODAY4 Mins read
KRA Wins Sh105.6mn Case Against Logistics Company
The High Court sitting in Nairobi has dismissed an appeal by Mars Logistics Limited contesting a charge of Value Added Tax (VAT) on transportation services among other claims. Mars Logistics Limited had contested Tax Appeal Tribunal’s (TAT) decision that transportation of goods in transit attracts VAT at the rate of 16%. The TAT had also...
Samuel Gitonga2 Mins read
Drastic Drop in Tourists Leaves Hotels With Tough Options
Amid global travel restrictions, social-distancing protocols and prohibitions on mass gatherings, Kenya’s meetings, incentives, conferences and exhibitions (MICE) segment is beginning to look...
BT Correspondent2 Mins read
Kenya Free Of New COVID Virus Strain, But Mutations Raise New Worries
Kenya is free of the new coronavirus strain that is spreading fast in Europe and causing worries about the second wave being more...
BT Reporter1 Mins read
Two Charged With Possession of Fake Stamps Worth Sh0.4mn
Two suspects have been charged before the Hamisi Law Court with possession of excisable goods affixed with counterfeit excise stamps worth Ksh473,793 worth of taxes. The two accused persons; Morris Musyoka and Philimon Talam were separately arrested on 29th December 2020 at Lusengeli area and Shiru area respectively within Vihiga County. Musyoka was found in possession of 300 cartons of Idakho Vodka while Talam was found in possession of African Spear containing...
Samuel Gitonga1 Mins read
Facing Multi-Million Fines, Kenyan Businesses Rush to Beat January 31 Disclosure Deadline
Firms in Kenya are scrambling to comply with new regulations on shareholder records introduced in October 2020. All firms are expected to update...
MARTIN SIELE1 Mins read
Project Finance Consultancy Firm Inks Cooperation Deal With London Based PPP Experts
Lean Africa Consultants Limited, a Kenyan consultancy firm has today signed a partnership agreement with PPP Solutions Limited, a UK based firm so...
Samuel Gitonga1 Mins read
Stima Sacco Supports Naivasha Hospital
Stima Sacco Society Limited on 10th January 2021 handed over the renovated Naivasha Level V Hospital’s Female Medical Ward to the hospital’s management....
BT Reporter2 Mins read
