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Tribunal hands Bidco partial relief in tax fight with KRA

Nairobi, Feb. 24 -- The Tax Appeal Tribunal has rejected claims by the Kenya Revenue Authority (KRA) that consumer goods manufacturer Bidco Africa undervalued a consignment of crude sunflower oil, thu... Read More


Real estate firm lines up new Sh400m mall in Eastlands

Nairobi, Feb. 24 -- Real estate firm MRE has kicked-off the construction of a Sh400 million mixed-use commercial mall in Eastlands, Nairobi, betting on the growing residential and commercial markets. ... Read More


NTSA adds 1,000 traffic cameras amid instant fines push

Nairobi, Feb. 24 -- More than 1,000 new smart cameras are to go live on Kenyan roads to catch drivers performing illegal manoeuvres under a private-public partnership aimed at curbing speeding and eas... Read More


Why IMF study favours mobile money, power data for Kenya GDP forecasts

Nairobi, Feb. 23 -- Monthly data on mobile-money transactions, electricity, and vehicle production reflect Kenya's economic output more accurately, a team of researchers at the International Monetary ... Read More


Nedbank guaranteed controlling 51.1 percent stake in NCBA

Nairobi, Feb. 23 -- South Africa's Nedbank is guaranteed to secure a controlling stake of at least 51.17 percent in NCBA Group after receiving additional acceptances from top shareholders of the Kenya... Read More


Comesa's Meta probe raises local AI bots control stakes

Nairobi, Feb. 23 -- The future of artificial intelligence (AI) use in Africa's digital economy is under scrutiny in the wake of an investigation by the Comesa Competition and Consumer Commission (CCCC... Read More


Banker sacked over suspect cash dealings in personal account

Nairobi, Feb. 23 -- A former top employee of Access Bank has lost a bid to overturn her dismissal by the lender over suspected fraud. The Employment and Labour Relations Court ruled that the bank had... Read More


Airtel Uganda raises dividend payout 41pc on net profit surge

Nairobi, Feb. 23 -- Airtel Uganda has raised its dividend payout by 41.5 percent to Sh0.41 per share (USh11.15) for the year ending December 2025 from Sh0.28 (USh7.88) a year earlier, after its profit... Read More


Nairobi Water pays non-client in nagging row

Nairobi, Feb. 23 -- Nairobi City Water and Sewerage Company (NCWSC) has been ordered to pay a former customer Sh250,000 for continuously bombarding him with text messages to clear a non-existent water... Read More


How much control does Kenya have in TikTok ban?

Nairobi, Feb. 23 -- The National Assembly in Kenya has reopened debate on whether short-video platform TikTok should be restricted or banned, re-shining the spotlight on the intersection of content re... Read More