BUSINESS NEWS
BCLB Orders Betting Companies To Transition To New System And Renew Licenses
For the fiscal year 2024–2025, gaming companies and betting shops may now submit applications to renew their licenses.
On Wednesday, the Betting Control and Licensing...
Safaricom Investment Co-Operative Appoints Churchill Ochieng’ As New CEO
Churchill Ochieng is the new CEO of Safaricom Investment Co-operative (SIC), having been selected by the board.
Ochieng's more than 25 years of experience in...
Uganda Slaps Kenya Potatoes Traders With Increased Tax
A trade war broke out between Kenya and Uganda as a result of Yoweri Museveni's administration levying an additional Ksh3 tax on each kilogram...
eTIMS: What It Is And How It Works?
eTIMS stands for Electronic Tax Invoice Management System. It's a system developed and managed by the Kenyan Revenue Authority (KRA) to streamline and modernize...
Report: KCB Group To Sell Its Subsidiary National Bank Of Kenya.
National Bank of Kenya (NBK), a subsidiary of Kenyan lender KCB Group (KCB.NR), is expected to be sold, according to a report published in...
Equity Customers To Now Have Instant Payapl Withdraw
For its clients who receive payments via the worldwide payment solutions provider, Equity Bank stated on Monday that quick PayPal withdrawals are now possible, as...
KRA Reports Tax Waivers Awarded Through Amnesty Program Totaling Ksh.209 Billion
The Finance Act of 2023's ongoing Tax Amnesty Program has received a significant reaction from taxpayers, according to the Kenya Revenue Authority (KRA).KRA said...
Tiger Brands Appoints Polycarp Igathe As Managing Director
Tiger Brands, a South African firm, has named six new Managing Directors, including Polycarp Igathe, a former Deputy Governor of Nairobi.
Igathe was appointed to...
Kenya Power’s clientele reaches 9.4 million.
In the six months leading up to December 2023, Kenya Power gained 256,206 new consumers to the national electrical grid, increasing its total customer...
Virtual Assets Service Provider Bill: Blockchain Association Of Kenya Invites Public Feedback
The community-led draft Virtual Asset Service Provider (VASP) bill has an extended feedback period, according to the Blockchain Association of Kenya (BAK), Kenya's top...
