Ruto fund eyes Sh42bn yearly returns from bonds

Nairobi, Sept. 9 -- The National Infrastructure Fund (NIF) eyes about Sh42 billion in annual income from government securities as it seeks to create a steady financing pool for mega strategic infrastr... Read More

Ruto consolidated cargo fee directive throws KRA into a spin

Nairobi, Sept. 3 -- A directive by President William Ruto for the minimum customs charge for containerised consolidated cargo to be lowered back to the old cap of Sh2 million has triggered a fresh cha... Read More

Standard Bank eyes bigger East Africa business

Nairobi, Sept. 2 -- Standard Bank Group aims to firm its business grip in East Africa, taking on its South African rivals including Absa Group and Nedbank Group. Standard Bank Chief Executive Officer... Read More

Infrastructure projects lure investors to innovative finance schemes

Nairobi, Aug. 20 -- A growing number of institutional investors are shifting to innovative off-balance-sheet financing (OBSF) schemes in East Africa, a regional lender said, lured by the rising appeti... Read More

Taxpayers face higher threshold in KRA tax disputes

Nairobi, Aug. 10 -- Taxpayers challenging the tax assessment against them by the Kenya Revenue Authority (KRA) now face a higher threshold after the High Court placed the burden on them of ensuring in... Read More

KCB, fund managers create Sh388bn fund to sweeten investor exit

Nairobi, Aug. 5 -- A group of fund managers has set up a Sh388 billion ($ 3 billion) reserve aimed at buying out investors seeking to exit their stakes in firms through the Nairobi Securities Exchange... Read More

KCB, fund managers create Sh388bn fund to ease NSE investor exits

Nairobi, Aug. 5 -- A group of fund managers has set up a Sh388 billion ($ 3 billion) reserve aimed at buying out investors seeking to exit their stakes in firms through the Nairobi Securities Exchange... Read More

KCB, fund managers to create Sh388bn fund to ease NSE investor exits

Nairobi, Aug. 5 -- A group of fund managers plans to set up a Sh388 billion ($ 3 billion) reserve aimed at buying out investors seeking to exit their stakes in firms through the Nairobi Securities Exc... Read More

Kenya caps carbon credit exports to shield domestic goals

Nairobi, Aug. 4 -- Kenya has placed a ceiling on its carbon credit export volumes as part of a strategy to curb over-allocating domestic emission reductions to foreign buyers. The State Department fo... Read More

Treasury eyes domestic debt data clean-up with new administrative office

Nairobi, Aug. 3 -- The National Treasury targets clean-up of data on debt tapped from the domestic market amid mounting pressure for transparency in the government's financial transactions. National ... Read More

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