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Court: Export logistics services qualify for zero-rated VAT

Nairobi, July 16 -- The Court of Appeal has ruled that logistics services for exports qualify for zero-rated Value Added Tax (VAT), dealing a blow to the Kenya Revenue Authority (KRA), which sought to... Read More


Microfinance banks post deposit growth after 3 years

Nairobi, July 16 -- Deposits held by microfinance banks have edged up for the first time in three years, signalling a tentative recovery for a sector that has been under pressure from tight economic c... Read More


Prof Ayub Gitau: The new VC hoping to fix a decade of University of Nairobi turmoil

Nairobi, July 16 -- In that sea of an office that is the vice-chancellor's floor at the University of Nairobi (UoN), docked on the 18th floor of the UoN Towers, Prof Ayub Gitau revels in numbers. He ... Read More


Your 'pure honey' may have hidden additives, CAK warns

Nairobi, July 16 -- The sweetness of your favourite 'pure honey' may not be entirely the result of bees painstakingly converting flower nectar into the natural sweetener. Instead, it could also be th... Read More


Nairobi should make good use of its own-source revenue collections

Nairobi, July 16 -- Nairobi County posting Sh15 billion in own-source revenue is no small achievement. Put in perspective, it is nearly equivalent to its equitable share of national revenue, which sta... Read More


State ordered to produce key records in Kenya Pipeline sale

Nairobi, July 16 -- The High Court ordered the government to produce key records underpinning the privatisation of Kenya Pipeline Company (KPC) before a petition challenging the sale proceeds is heard... Read More


Standard Investment Bank (SIB) founder on legacy, innovation and succession

Nairobi, July 16 -- In a rare interview with the Business Daily, Standard Investment Bank (SIB) founder and managing director James Wangunyu offers lessons on building a legacy, innovating for the fut... Read More


Banks to protect disputed funds after payment errors

Nairobi, July 16 -- Kenya Commercial Bank (KCB) has lost a three-year court battle over a Sh2,050 mistaken mobile money transfer, with the court holding that banks have a duty to act promptly to prese... Read More


Capital markets can no longer afford to ignore climate, people and ethics

Nairobi, July 16 -- Capital Markets Authority overhaul of board rules and a sweeping new ESG code signal that governance failures will now be treated as balance sheet risk, not reputational noise. Ke... Read More


Where to get authentic Thai food, sometimes infused with omena

Nairobi, July 16 -- If you enter BangBang Thai Restaurant in Nairobi's Village Market, you would assume that the man whose photos are framed on the walls is a living legend. BangBang is created by ar... Read More