Ukur Yattani

15 Articles
An M-Pesa agent. Launched 15 years ago, M-Pesa has become a key feature of the Kenyan economy. [Photo/ Techweez]
BUSINESSECONOMY

Push to Slash M-Pesa Charges Gathers Steam

With its 35% stake, the Treasury is the second-largest shareholder in Safaricom behind Vodacom Group Limited and Vodafone Group Plc who own a...

A Kenya Airways plane. [Photo/ Courtesy]
BUSINESS

Govt Lines Up Ksh146B Kenya Airways Bailout

Treasury Cabinet Secretary Ukur Yattani wrote: “As part of putting KQ on a sustainable footing, GoK will take over US$827 million of KQ’s...

it is expected that the exchequer revenue will rise from Kshs.1.76 trillion in 2021/22 to Kshs. 2.5 trillion in 2023/24.
ECONOMY

KRA to Collect Ksh6.8 Trillion in Next Three Years

KRA Commissioner General Mr Githii Mburu said that the Authority is up to the task amidst various challenges that range from an upcoming...

Cabinet Secretary Ukur Yattani pictured with the budget briefcase on June 10, 2021. Kenya's first Eurobond issue in two years was oversubscribed, with the Treasury terming it a sign of investor confidence in the country's economic recovery plan supported by the International Monetary Fund (IMF). [Photo/ National Treasury]
ECONOMYMARKETS

Kenya Raises Ksh108 Billion in Fresh Eurobond, Eyes More Debt

The bond was over-subscribed with over Ksh582 billion (USD 5.4 billion) offered by investors. The raise followed a 3-day virtual Eurobond roadshow where...

If the excise duty is reinstated, betting firms in Kenya are likely to report lower revenues. The government has maintained its stance on mitigating negative societal effects of sports betting through taxation and enhanced regulation.[Photo: YogoNet]
BUSINESSECONOMY

Return of 20% Betting Tax Spells Doom for Big Players

If it becomes law, the taxman would take Ksh20 of every Ksh100 wagered, regardless of whether the punter wins or loses.

Notes in a wallet. Many Kenyans turned to entrepreneurship following the onset of the Covid-19 pandemic.
FEATURED STORY

Higher Taxes Pile on Kenyans’ 2021 Woes as Govt Plots Ksh3 Trillion Budget

Taxpayers are expected to dig deeper into their pockets to fund the exchequer.

Times Tower, the KRA headquarters in Nairobi.
FEATURED STORY

National Treasury Reinstates Pre-Covid Tax Rates Effective January

Those earning less than Ksh24,000 will, however, continue to enjoy 100% relief as they will be exempt them from Pay As You Earn...

Kenyans pictured walking in Nairobi
ECONOMY

Workers to Save Ksh1,000 as Tax Relief Withdrawal Looms

Workers will, therefore, enjoy a preferential personal tax relief of Sh2,400 compared to the pre-pandemic figure of Ksh1,400.

Kenya Revenue Authority headquarters at Times Tower Nairobi.
FEATURED STORY

Government Signs International Treaty to Deal with Kenyan Tax Evaders

The government through the National Treasury Acting Cabinet Secretary Ukur Yatani has signed a crucial continental declaration treaty that will see illicit financial...