Nairobi, May 24 -- A foreign firm selling shares in a Kenyan entity abroad will be compelled to pay 15 percent capital gains tax (CGT) under changes proposed in the Finance Bill 2026, in a move that t... Read More
Nairobi, May 24 -- When the Narc government rose to power, ending President Daniel arap Moi's 24-year rule, it appeared as though most of Moi's "untouchables" would also capitulate. It did not take l... Read More
Nairobi, May 23 -- In Kenya's procurement arena, power is often measured by the ability to secure mega deals. For Chinese national Ying Du, however, what stands out is her ability to win both small an... Read More
Nairobi, May 13 -- The Kenya Revenue Authority (KRA) could gain sweeping powers to freeze a taxpayer's bank accounts or assets even where the disputed tax assessment is under appeal, should Parliament... Read More
Nairobi, May 11 -- Cryptocurrency exchanges and platforms will be required to report their identity and transactions of their clients to the Kenya Revenue Authority (KRA) if MPs back proposals in the ... Read More
Nairobi, May 10 -- Treasury Cabinet Secretary John Mbadi has backpedalled from an earlier promise to include income tax cuts for salaried workers earning below Sh50,000 in the Finance Bill, dealing a ... Read More
Nairobi, May 10 -- It is rare to hear about Muhoho Kenyatta, the younger brother of former President Uhuru Kenyatta and the quiet pillar behind the commercial dynasty built by Kenya's founding preside... Read More
Nairobi, May 7 -- Uganda has been handed a chance to determine the next occupant of Kenya Pipeline Company's corner office after the board opened recruitment for the newly listed firm's managing direc... Read More
Nairobi, May 6 -- Tycoon Jaswant Rai's takeover of Nzoia Sugar's factory and nucleus is under scrutiny over alleged concealment of key details in the 30-year concession, even as he pledged to share a ... Read More
Nairobi, May 5 -- Warren Buffett, the world's most famous investor, has offered a health grant to Kenya for the second successive year, helping fill the gap left by cuts in foreign donations by US Pre... Read More