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Digital lenders under probe for sharing defaulters data

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Business Daily | by Brian Ngugi The Kenyan data regulator is investigating undisclosed number of digital lenders for sharing borrowers’ confidential data in pursuit of...
kenya parliament, national assembly

Eyes on MPs over new beer, boda boda taxes

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Business Daily | by Constant Munda The fate of proposed tax increases on about 30 products, including bottled water, juice, motorcycles and beer, lies in...
equity bank group holdings

Equity’s profit jumps by 79pc to Sh27b on reduced bad loans

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The Standard | by Dominic Omondi Equity Bank’s net profit in the first nine months of this year grew by 79 per cent to Sh26.9...
tullow oil exploration turkana county lokichar basin

Governor faults State on plan to pay out 516 landowners in Turkana oil fields

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Business Daily | by Sammy Luta Turkana Governor Josphat Nanok has opposed the planned payout to 516 landowners of oil fields to pave way for...
central bank of kenya cbk

Central Bank suspends CRB listing of loans under Sh5 million

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Business Daily | by Brian Ngugi Borrowers defaulting on loans of less than Sh5 million will not be blacklisted at the credit reference bureaus (CRBs)...
safaricom plc

Safaricom evacuates staff from Ethiopia amid war

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Business Daily | by Brian Ngugi Safaricom has evacuated some of its employees from Ethiopia because of armed conflict and civil unrest in what could...

KRA eyes rich tax cheats from social media posts

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Business Daily | by Paul Wafula The taxman is training its guns on rich Kenyans displaying lavish lifestyles on social media but paying little or...
nairobi city county

NMS, KRA launch digital payment system

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The Standard | by Jacinta Mutura Nairobi residents and traders will start paying for county services digitally starting next month. The Nairobi Metropolitan Service and...