M-Pesa, Airtel Money fees spared from 16pc VAT

Nairobi, June 18 -- Money transfer charges levied by payment service providers (PSPs) such as M-Pesa and Airtel Money will be spared from the 16 percent value added tax (VAT) as MPs propose additional... Read More

MPs block fresh attempts to increase KRA's powers

Nairobi, June 17 -- Members of Parliament have foiled fresh attempts to increase the powers of the Kenya Revenue Authority (KRA) Commissioner General, including granting the taxman sweeping powers on ... Read More

Treasury under pressure to cut top PAYE rate to 30pc

Nairobi, June 17 -- The National Treasury has been pressured to cut the top tax rate for pay-as- you- earn (PAYE) to 30 percent from the current 35 percent to lift the burden on low-income earners. A... Read More

Acquisitions loom as micro banks face higher capital limit

Nairobi, June 16 -- At least half of Kenya's 14 microfinance banks face pressure to raise an estimated Sh2.9 billion to meet newly proposed minimum core capital requirements by the Central Bank of Ken... Read More

Questions as Treasury mute on corporate tax, VAT reduction pledge

Nairobi, June 15 -- The National Treasury has remained silent on earlier promised tax reforms aimed at improving equity and predictability, including cuts to value-added tax (VAT) and corporation tax.... Read More

Family Bank set to list on NSE at Sh30bn valuation

Nairobi, June 15 -- Family Bank Limited is set to list at a valuation of Sh29.9 billion or Sh18 per share, making it the eleventh largest bank by market capitalisation on the Nairobi bourse. Disclosu... Read More

Questions mount as Treasury mute on corporate tax, VAT cuts pledge

Nairobi, June 15 -- The National Treasury has remained silent on earlier promised tax reforms aimed at improving equity and predictability, including cuts to value-added tax (VAT) and corporation tax.... Read More

CBK to lift caps on emergency loans issued to banks in distress

Nairobi, June 14 -- The Central Bank of Kenya (CBK) is set to remove limits on emergency loans issued to banks in distress, including extending the duration of medium-term facilities offered under the... Read More

Kenya Airways now puts fresh capital target at Sh194bn

Nairobi, June 14 -- National carrier Kenya Airways is seeking to raise at least $1.5 billion (Sh194.4 billion) from a strategic investor to be selected through an international tender expected to open... Read More

Special funds take record 24pc market share as MMFs fade

Nairobi, June 13 -- Special funds, a sub-category of unit trusts, captured a record 23.9 percent market share in March 2026 as investors flocked to the investment vehicles in search of relatively high... Read More

• «
• 1
• 2
• 3
• 4
• 5
• 6
• 7
• 8
• 9
• 10
• »