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Banks win as VAT on sale of seized assets removed

Nairobi, June 24 -- Banks and other lenders including saccos will now be spared imposition of Value Added Tax (VAT) on sale of repossessed collateral from defaulting borrowers, marking a major win for... और पढ़ें


Income tax filing is phased from January 2027 to ease congestion

Nairobi, June 24 -- Income tax returns will be filed in phases starting January 1, 2027, in a strategy aimed at easing congestion, a shift from the present scenario where all taxpayers are obligated t... और पढ़ें


High Court rejects attempt to ban Johnson & Johnson baby powder

Nairobi, June 24 -- The High Court has dismissed a petition seeking an immediate ban on talc-based Johnson & Johnson baby powder, ruling that claims the product causes cancer were not supported by suf... और पढ़ें


Investment banks pivot to unit trusts in fees hunt

Nairobi, June 24 -- Investment banks have transitioned into fund management, unveiling collective investment schemes/unit trust businesses and joining a 'gold rush' underpinned on strong interest in p... और पढ़ें


Why companies are falling foul of Kenya's immigration rules

Nairobi, June 24 -- As Kenya cements its position as East Africa's commercial hub, the movement of foreign executives, technical specialists, consultants and investors into the country has become an e... और पढ़ें


Banks are becoming business schools

Nairobi, June 24 -- Across Kenya, many SMEs face the same dilemma: grow quickly and risk losing control, or grow cautiously and miss opportunities. Yet for many businesses, the real obstacle to growth... और पढ़ें


How smartphones are driving Kenya's digital economy

Nairobi, June 24 -- An overwhelming 98.2 percent of Kenyan internet users accessed the net through a smartphone between January and March 2026, as the devices cement their position at the centre of th... और पढ़ें


Kenya's 2026 local medicine target slips away as import bill nears Sh100bn

Nairobi, June 24 -- When President William Ruto announced in October 2023 that at least 50 percent of medicines on the Kenya Essential Medicines List (KEML) would be manufactured locally by 2026, it g... और पढ़ें


MPs summon Ketraco, PSs over irregular Sh1.7bn wayleave pay

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... और पढ़ें


How strong macro buffers are seeing Kenya through Iran shock

Nairobi, June 24 -- Kenya's strengthened macroeconomic buffers, including a narrower current account deficit and sizable official reserves, have helped the country absorb shocks from the US-Israel war... और पढ़ें