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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


Thousands of suppliers, businesses hit by outage on KRA's eTIMS systems

Nairobi, July 24 -- Thousands of users were, as at Friday evening, still reeling from inconvenience due to an outage on the Kenya Revenue Authority's (KRA) electronic business invoicing platform, eTIM... Read More


CBK flags money laundering gaps in proposed micro lenders law

Nairobi, July 23 -- The Central Bank of Kenya (CBK) wants the Microfinance Bill 2026 amended to expressly grant it powers to enforce anti-money laundering measures, warning that the omission would com... Read More


Failed reforms lock Nairobi County out of World Bank billions

Nairobi, July 21 -- Nairobi County has been locked out of the latest round of disbursements of World Bank-funded Sh5.7 billion conditional grants to all the devolved units, after it fell short of meet... Read More


Debt collection firm exits after Sh113m dispute deal

Nairobi, July 20 -- A debt collection company whose clients include banks and digital lenders has been saved from a Sh113.2 million dispute after inking an agreement with its creditors and exiting adm... Read More