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
Nairobi, June 18 -- Benjamin Franklin, former US president, once observed, "In this world, nothing is certain except death and taxes." Two and a half centuries later, tax has become more than a legal ... Read More
Nairobi, June 18 -- Spanish food producers are stepping up efforts to expand their presence in Kenya, betting on rising demand for imported foods and beverages among a growing middle class, expatriate... Read More
India, June 17 -- Mobile subscriptions in India are no longer defined solely by voice calling, SMS allowances and data limits. As competition intensifies and revenue growth from connectivity services ... Read More
Nairobi, June 17 -- CFAO Mobility Kenya has expanded its local electric vehicle (EV) portfolio with the launch of Toyota's first fully electric vehicle in the Kenyan market. The mid-size sports-utilit... Read More
Nairobi, June 17 -- The High Court has rejected a request by a Chinese contractor to compel the Kenya Electricity Transmission Company (Ketraco) to set aside Sh570 million pending arbitration in a dis... Read More
Nairobi, June 17 -- Hostels developer, Acorn Holdings Limited has launched a scheme to fund students' rent payments and start-up capital for businesses. The scheme, known as Zinduka Graduate Enterpri... Read More
Nairobi, June 17 -- For most entrepreneurs, the decision to close a business comes after losses begin piling up. Two weeks ago, Alex Ndung'u chose to exit while his venture was still raking in profits... Read More
Nairobi, June 17 -- Lebanese contractor Zakhem International Construction Limited has moved to court seeking more than Sh10.9 billion from Kenya Pipeline Company (KPC), citing delays in the constructi... Read More
Nairobi, June 17 -- Existing and new investors who participated in Family Bank's private placement last year are set for capital gains of 24.1 percent or Sh1.93 billion when the lender lists on the Na... Read More