Tussle over Sh1.5bn horticulture stimulus delays fund rollout
Competition among government agencies over the allocation of a Sh1.5 billion economic stimulus package for the flower and horticulture sectors has delayed the release...
Luthuli Avenue electronics dealer to pay KRA Sh700m
An electronic dealer based at Nairobi’s Luthuli Avenue will have to pay Kenya Revenue Authority’s (KRA) Sh700 million of undeclared tax after the Tax...
Airtel and MoneyGram partner for global money transfers
Airtel subscribers will be able to send or receive cash through their mobile wallets to over 200 destinations on the worldwide MoneyGram platform.
This follows...
Tax receipts fall Sh13bn in one month
Total tax receipts in the first month of the financial year fell 12.02 percent, mirroring an environment of depressed economic activity hurting business and...
Dedan Kimathi University to make ventilators
Dedan Kimathi University of Technology is the third Kenyan university to manufacture a medical ventilator to help overcome the shortages experienced after the outbreak of...
Turkana oil works to resume as Tullow lifts contract freeze
British firm Tullow Oil has lifted its declaration of force majeure on its main licences in Kenya, a move that was feared would further...
Kenya Power seeks debt collectors to recover Sh5 billion bills
Kenya Power is seeking debt collectors to help recover outstanding bills of Sh5 billion from customers who have been disconnected from the grid.
The move is...
Sh5m fine for SMEs misusing State loan
Small businesses that give false information to get State-backed loans or use the credit for purposes not disclosed in the applications risk up to...
