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SMART MONEY

Panic as KRA recalls 124 personal cars over tax issues

The Kenya Revenue Authority (KRA) has recalled 124 high-end vehicles to facilitate a review of their tax status. The vehicles, comprising Sports Utility Vehicles and...

Pain for motorists as petrol price rise

Petrol and diesel prices have gone up by Sh3.54 and Sh4.14 respectively with the new prices set to remain in force from Sunday to...

Major tax break for low income earners

Low income earners will be exempted from paying tax on bonuses, overtime and retirement benefits. President Uhuru Kenyatta's directive to National Treasury is part of...

How CBK snatched Ksh8 billion from Chase Bank directors

Chase Bank was reopened in record time after Ksh8 billion that had been allegedly lent out to directors irregularly was recovered in three weeks....

How to avoid being blacklisted by banks

A credit reference bureau, or CRB, is a company licensed by central bank of Kenya to collect, store and collate credit information on individuals...

Retirement benefits schemes get investment lifeline

Retirement benefits schemes can invest up to 10 percent of their portfolio in private equity and venture capital licensed by Capital Markets Authority (CMA)....

List: Cheapest and most expensive banks in Kenya

The Kenyan Banks Tariff Survey 2016, conducted by Think Business Limited has a bag of mixed but interesting findings. Tier II banks are on...

Dennis Oliech to sue the Star over article saying he’s broke

Former Harambee Stars striker Dennis Oliech has threatened to sue the Star newspaper for defamation over a story it published today. In a statement, the former Kenya international, speaking...
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