Nairobi, July 7 -- MPs have ring-fenced 30 percent of Kenya's planned sovereign wealth fund (SWF) for future generations, triple the State's earlier proposed 10 percent, even as the country races to e... Read More
Nairobi, July 6 -- The fee payable to external fund managers for managing assets under the planned Sovereign Wealth Fund (SWF) has been capped at two percent, in a bid to ensure prudent utilisation of... Read More
Nairobi, June 24 -- Parliament has summoned top Energy Ministry officials over the irregular payment of Sh1.69 billion in wayleave compensation in the acquisition of transmission lines for seven donor... Read More
Nairobi, June 23 -- Parliament has summoned the owners of troubled Uchumi Supermarkets over the non-payment of salary arrears, gratuity, and other terminal benefits owed to former staff. The National... Read More
Nairobi, June 10 -- The Kenya Revenue Authority (KRA) will soon crack down on employers who have evaded remitting more than Sh100 billion in employees' deductions from the Affordable Housing Levy. Th... Read More
Nairobi, June 8 -- The Ministry of Agriculture projects to collect Sh1.38 billion from the newly tea export levy annually, raising the total taxes from the beverage to more than Sh1.4 billion. The go... Read More
Nairobi, June 3 -- Human rights advocates want Parliament to reject the Treasury's proposal to exempt capital gains tax-charged at 15 percent on net gains-on transfers of property to real estate inves... Read More