A US-backed financier has slapped the Treasury with a default notice for delayed payment of a Sh57.8 billion loan that the government guaranteed Kenya Airways. Chris Kiptoo, the Treasury Principal …
Kenya News
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    Kenya NewsKenyan NewsFlutterwave Cleared Of Any Wrong Doing By Kenya’s Asset Recovery Agencyby Editorby EditorFlutterwave has welcomed the withdrawal of claims against the company by Kenya’s Asset Recovery Agency (ARA) in July 2022. The Asset Recovery Agency (ARA) obtained an ex parte court order … 
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    AfricaAFRICA NEWSKenyaKenya NewsKenyan NewsLandlords setting rent in dollars amid weakening shillingby Editorby EditorA number of prime office space landlords in Nairobi are now setting rent prices in dollars, joining a growing number of businesses that are pegging daily sales prices on the … 
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    AfricaAFRICA NEWSKenyaKenya NewsKenyan NewsTraders Urge County To Hasten Business Fund Rolloutby Editorby EditorTraders in Nakuru County have called on the county government to hasten the rollout of the Traders Revolving Fund, to enable them access credit for business expansion. The traders, who … 
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    AfricaAFRICA NEWSKenyaKenya NewsKenyan NewsKenya’s integrated tax system raises active taxpayers by 5.8 millionby Editorby EditorKenya’s integrated tax system also referred to as the “itax”, has helped raise the number of active taxpayers in the country by 5.8 million to hit 7.4 million in 2022, … 
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    AfricaAFRICA NEWSKenyaKenya NewsKenyan NewsEuropean Union threatens to blacklist Kenya over grand corruptionby Editorby EditorThe European Union has threatened to blacklist Kenya over corruption and money laundering, revisiting an old problem Nairobi has struggled to contain. EU Ambassador to Kenya Henriette Geiger said Kenya’s … 
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    AfricaAFRICA NEWSKenyaKenya NewsKenyan NewsUncategorizedKenyan police sentenced for murder of rights lawyerby Editorby EditorThree Kenyan police officers have been served sentences which range from 24 years in jail to the death penalty for the brutal murder of a rights lawyer and two other … 
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    AfricaAFRICA NEWSKenyaKenya NewsKenyan NewsCourt quashes betting tax, limit on gambling in 5-star hotelsby Editorby EditorThe High Court has quashed laws that restricted gambling in the city to five-star hotels with casinos and the 7.5 percent excise duty imposed on cash set aside by punters … 
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    AfricaAFRICA NEWSKenyaKenya NewsKenyan NewsGoogle to ban unlicensed loan apps in Kenya as new rule take effectby Editorby EditorGoogle has implemented a new policy that requires digital lenders operating in Kenya to provide proof of a license to operate in the country. This policy aims to address the … 
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    AfricaAFRICA NEWSKenyaKenya NewsKenyan NewsNairobi to end state support for Kenya Airways in 4Q23by Editorby EditorThe Kenyan government is developing a financing strategy for Kenya Airways (KQ, Nairobi Jomo Kenyatta) that will end its reliance on state support by the end of December 2023, according …