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How KRA fights triggered fresh taxes in Finance Bill

Nairobi, May 24 -- The Treasury has introduced new taxation measures in the Finance Bill to counter defeats handed to the Kenya Revenue Authority (KRA) in court by companies that wiped out tax demands... Read More


Foreign firms to pay capital gains tax on sale of shares in Kenya companies

Nairobi, May 24 -- A foreign firm selling shares in a Kenyan entity abroad will be compelled to pay 15 percent capital gains tax (CGT) under changes proposed in the Finance Bill 2026, in a move that t... Read More


Credit Bank sues Moses Kuria over Sh72m default

Nairobi, May 24 -- Credit Bank has moved to court seeking to recover Sh72 million from former Cabinet Secretary Moses Kuria and a company linked to him for loans advanced to them about seven years ago... Read More


Essential drugs worth Sh1bn expire at Kemsa stores

Nairobi, May 24 -- Essential cancer, HIV/Aids and malaria medicines worth nearly Sh1 billion expired in Kemsa's warehouses as public hospitals and clinics across the country continued to struggle with... Read More


Former Moi's billionaire aide doubling down on big-money deals

Nairobi, May 24 -- When the Narc government rose to power, ending President Daniel arap Moi's 24-year rule, it appeared as though most of Moi's "untouchables" would also capitulate. It did not take l... Read More


Magic of simple lifestyle changes in keeping diabetes in check

Nairobi, May 24 -- When John Mukinisu started waking up soaked in sweat every night back in 2021, at first he blamed it on the heat, then on the effects of Covid-19 and the vaccines he had received ea... Read More


How AI misuse is fanning digital crime in businesses

Nairobi, May 24 -- From personalised fake emails to malware that can make decisions independently, cybercriminals are increasingly abusing artificial intelligence (AI) to target businesses, opening a ... Read More


Kenya to get floating power plants to cater for blackouts and high demand

Nairobi, May 24 -- Kenya will get a floating barge at the Coast to generate electricity as a temporary measure to avoid rationing and blackouts, amid a rising demand and delays in onboarding new power... Read More


National Bank profit surges 3.7 times to Sh1bn on lower costs

Nairobi, May 24 -- National Bank of Kenya (NBK) net profit for the three months to March grew nearly quadrupled to Sh1 billion riding on cheaper cost of funds and lower provisioning for defaults. The... Read More


Jubilee blocks Sh1.28bn in fake insurance claims using AI

Nairobi, May 24 -- Jubilee Holdings averted Sh1.28 billion losses in fictitious claims last year, nearly three times the previous year's figure, as it deployed artificial intelligence (AI) tools to cu... Read More