Wealthy Kenyans and firms have denied the Kenya Revenue Authority (KRA) more than Sh200 billion after…
Category: Business News in Kenya
Safaricom in rare profit drop as M-Pesa revenues fall
Safaricom half-year net profit fell six percent to Sh33.07 billion with M-Pesa revenue dropping the most on account…
Kenya Power sinks further into losses
Kenya Power has sunk into a loss-making territory for the financial year ending June 2020, registering…
Flower export firms get Sh10bn in tax refunds
The Kenya Revenue Authority (KRA) has refunded 70 per cent of tax claims by flower export…
KQ gets green light to turn Dreamliners into freighters
Kenya Airways will convert two of its Dreamliner planes into cargo aircraft after the carrier got the…
Weaker currencies increasing EA debt payments burden
East African economies are facing a potential rise in debt servicing burden owing to the depreciation…
Pension funds eye piece of affordable homes pie
Pension fund trustees and administrators are in talks with the government over partnership in financing construction…
Revealed: Karauri stake in SportPesa-linked firm
Revealed: Karauri shares in SportPesa-linked firm SportPesa chief executive Ronald Karauri is a major shareholder of…
KQ mulls suspending London, France flights as lockdown hits travel
Kenya Airways is mulling suspending of flights to London and France following the second wave of lockdown…
Excess power is fine, says ministry
The government has played down the impact of Kenya’s surplus electricity production on the retail cost…