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Business news highlights

KRA updates iTax system ahead of digital services tax

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Kenyan Wall Street | by Jackson Okoth The Kenya Revenue Authority(KRA) has updated its iTax system as it prepares to start taxing firms and individuals...

Deloitte warns of negative effects of Covid-19 on insurance business

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Kenyan Wall Street | by Jackson Okoth Deloitte has warned that Covid-19 will severely impact the profitability of underwriters in the region. While insurers have been...

Tea reforms at hand as MPs pass key Bill

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Business Daily | by John Kamau The National Assembly Tuesday night passed the much-awaited Tea Bill which will see the revival of Tea Board of...

Carrefour opens first store in Mombasa

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Business Daily | by Bonface Otieno French retailer Carrefour has opened a new store in Mombasa County, bringing the number of its outlets to nine. The new...

Used car prices jump as shilling hits historic low

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Business Daily | by John Mutua The cost of second-hand cars has jumped by up to 12 per cent or Sh500,000 per unit over the...

M-pesa partners with visa to enable international payments

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Kenyan Wall Street | by Miriam Wangui M-pesa has partnered with Visa, the world’s largest retail electronic payments company, to enable M-pesa users to make...
britam tower, britam kenya

Britam rolls out Sh10 home-based Covid insurance

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Business Daily | by Bonface Otieno Britam has launched a Covid-19 insurance cover for passengers on ride hailing firm Little. The commuters will pay Sh10 a...

Coast hotels banking on conferencing for faster recovery

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Nation | by Siago Cece Hotels at the Coast are banking on conferences and meetings to boost the sector as the industry slowly recovers. In the...