Aggressive tax collection and recovery measures by the Kenya Revenue Authority (KRA) raised revenue collection by a fifth in the year to June 2022, the highest ever annual growth margin …
Eastern Africa
- Eastern AfricaEconomyTransportation & Logisitics
Small-scale farmers will start paying a presumptive tax if the Treasury’s proposals that seek to recruit more taxpayers to meet revenue collection targets are adopted. The proposal in the draft …
The Kenya Association of Manufacturers KAM Board has appointed Mr Tobias Alando as the Acting Chief Executive Officer from 1st July 2022 following Ms Phyllis Wakiaga’s exit on 30th June 2022. Tobias joined the Kenya …
- BusinessEastern AfricaEconomy
Digital Lenders Announce Increase In Loan Charges As New Tax Takes Effect
Digital Lenders Association of Kenya has announced plans to increase charges for borrowers as digital lenders begin effecting the proposed 20 percent excise tax on all credit facilities taken by …
As once relatively wealthy Sri Lanka suffers a dire economic crisis with shortages of everything from medicines to gas, people are returning to cooking with firewood. The switch began at …
- AfricaBusinessEastern AfricaKenya
Kenchic Launches Crispy Chicken as Kenyans Seek ‘Special’ Amid Climbing Food Costs
Kenchic Limited has launched a breaded-chicken range of products, designed to be easy to cook at home and deliver a tasty experience. The products under this range include Crispy Kuku …
Nairobi’s international financial centre has signed up three companies on the day of its launch including Prudential plc, ARC Ride Kenya and AirCarbon Exchange (ACX). Prudential, one of the world’s …
Kenya’s imports from South Africa more than doubled in the first three months of 2022 after rising by 64 percent to Sh 17.7 billion from Shs10.8 billion reported during a …
- Eastern AfricaEconomyReal Estate
Supermarket Expansion Named As A Key Driver Of Property Market In Kenya
Increased expansion of supermarkets is a key driver of the growth of retail outlets and subsequently, the property market in Kenya, Knight Frank report has said highlighting store expansion activity …
Kenya is set to have its central land registry in Nairobi go live this July, paving the way for the digitization ceof all land records in the country. According to Farida Karoney-Cabinet …