MPs back Treasury bid to exempt KQ from 1pc minimum tax
Business Daily | by John Mutua
Parliament has backed Treasury’s decision to exempt loss-making Kenya Airways and its subsidiaries from paying the minimum tax set...
Absa spends Sh1bn on Covid layoffs
Business Daily | by Patrick Alushula
Absa Bank of Kenya last year spent Sh1.06 billion to lay off staff in the coronavirus environment, closing the year...
Airline to start Nairobi-Kisumu direct flights
Business Daily | by Bonface Otieno
Aviation firm 748 Air Services will on Thursday start direct flight to Kisumu stepping up competition for passengers on...
Equity Group invests Sh3.4bn in Tanzania, Uganda subsidiaries
Business Daily | by Victor Juma
Equity Group invested an additional Sh3.4 billion in its Ugandan and Tanzanian subsidiaries in the year ended December to...
NSE losses Sh74bn, retreats from highest level in three years
Business Daily | by Patrick Alushula
The Nairobi Securities Exchange (NSE) has shed Sh74.1 billion in one week of trading as investors cash out on...
Firm deals latest blow to Kenya’s oil riches dream
Nation | by Brian Ambani
Canadian petroleum major Africa Oil, one of the three joint venture firms alongside Tullow Oil and Total, says it will...
State tenders system to link KRA in tax cheats purge
Business Daily | by Constant Munda
All public tenders will be launched and awarded through a common online platform linked to the Kenya Revenue Authority...
KRA completes Lamu port cargo clearance dry run ahead of launch
Nation | by Anthony Kitimo
The Kenya Revenue Authority (KRA) has completed a dry run for a cargo clearance system to be on Thursday when...
