Oil Tycoon Yagnesh Devani Skips Mention Of Ksh.1.5 Billion Kipevu Jet Fuel Case
3 days ago By Esther Kimotho KEOil Tycoon Yagnesh Mohanlal Devani failed to appear in court yet again for the mention of the Ks.1.5 billion Kipevu jet fuel case. This is the third time he has failed to appear in court.
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NCBA Bank lends Kes 1.3 Billion To A Mauritian Company
NCBA Bank Kenya lent Kes 1.3 billion to Mauritius-based real estate firm Grit Services Limited in the year ended June.
NCBA Bank Kenya lent Kes 1.3 billion to Mauritius-based real estate firm Grit Services Limited in the year ended June.
KCB Group Acquires A DRC-Based Bank, Trust Merchant Bank
KCB Group has acquired a DRC-based Bank, Trust Merchant Bank SA (TMB), controlling an 85 per cent stake in the financial institution.
KCB Group has acquired a DRC-based Bank, Trust Merchant Bank SA (TMB), controlling an 85 per cent stake in the financial institution.
Over 650,000 Kenyan Homes Illegally Connected To Power
A report by the Kenya National Bureau of Statistics (KNBS) indicates that more than 650,000 Kenyan homes might have been illegally connected to the national grid in 2019, leading to massive system losses that cost Kenya Power billions.
A report by the Kenya National Bureau of Statistics (KNBS) indicates that more than 650,000 Kenyan homes might have been illegally connected to the national grid in 2019, leading to massive system losses that cost Kenya Power billions.
Regulators Urge CBK To Form Crypto Regulation Taskforce
The Central Bank of Kenya (CBK) has been urged to form a technical working group that will give recommendations to the National Treasury on how to regulate the cryptocurrency industry in the Country.
The Central Bank of Kenya (CBK) has been urged to form a technical working group that will give recommendations to the National Treasury on how to regulate the cryptocurrency industry in the Country.
High Court Suspends Bank To Mobile Charges By Telcos
The High Court has ordered Banks and telco operators such as Safaricom to suspend the introduction of Bank to MPesa charges pending determination.
The High Court has ordered Banks and telco operators such as Safaricom to suspend the introduction of Bank to MPesa charges pending determination.
Skyward Introduces Direct Flights Between JKIA And Mombasa Airport
Skyward Express has launched its first direct flights from Jomo Kenyatta International Airport (JKIA) to Moi International Airport, Mombasa.
Skyward Express has launched its first direct flights from Jomo Kenyatta International Airport (JKIA) to Moi International Airport, Mombasa.
Kenya Power Introduces Power Backup Plan To Mitigate Outages
Kenya Power and Lighting Company (KPLC) has rolled out a power backup plan to ensure an uninterrupted electricity supply nationwide in case of a blackout.
Kenya Power and Lighting Company (KPLC) has rolled out a power backup plan to ensure an uninterrupted electricity supply nationwide in case of a blackout.
KRA Threatens Penalties For Businesses Not Registered On ETIMS
Business owners will not be eligible for tax refunds or services if their businesses are not registered on the eTIMS platform.
Business owners will not be eligible for tax refunds or services if their businesses are not registered on the eTIMS platform.
Kenya Resolves Its Oil Importation Row With Uganda - Report
Uganda has been seeking alternative ways of importing its petroleum products, including through a Tanzanian port, ending decades of a system under which its oil retailers were getting their cargo through affiliated firms in Kenya.
Uganda has been seeking alternative ways of importing its petroleum products, including through a Tanzanian port, ending decades of a system under which its oil retailers were getting their cargo through affiliated firms in Kenya.
Commercial Bank Of Ethiopia Recovers Ksh.1.4B Lost In System Glitch
The problem occurred during an update to the bank's systems, Ethiopia's central bank said earlier this month, adding that there was no risk to customers or the overall financial system.
The problem occurred during an update to the bank's systems, Ethiopia's central bank said earlier this month, adding that there was no risk to customers or the overall financial system.
NCBA Recommends Kes 4.75 Dividend Payout To Shareholders
NCBA Group has recommended a final dividend payout of Kes 4.75 per share in the full year ending December 2023, as profit after tax grows by 56 percent to Kes 21.5 billion.
NCBA Group has recommended a final dividend payout of Kes 4.75 per share in the full year ending December 2023, as profit after tax grows by 56 percent to Kes 21.5 billion.
Family Bank Records 13.3% Net Profit To Kes 2.5 Billion
Family Bank Group recorded a 13.3 percent profit after tax in the full year ending December last year, which was Kes 2.5 billion attributed to increased interest and non-interest incomes.
Family Bank Group recorded a 13.3 percent profit after tax in the full year ending December last year, which was Kes 2.5 billion attributed to increased interest and non-interest incomes.
Equity Group Net Profit Drops By 8 Percent To Kes 37.5 Billion
Equity Group Holdings has recorded an 8 percent drop in net profit to Kes 37.5 billion in the full year ending December 2023 compared to the same period in 2022
Equity Group Holdings has recorded an 8 percent drop in net profit to Kes 37.5 billion in the full year ending December 2023 compared to the same period in 2022
KEMSA Wins Best Quality Leadership Award 2024 By European Society For Quality Research
The Kenya Medical Supplies Authority (KEMSA) has put Kenya on the world map after winning the Best Quality Leadership Award 2024, which is conferred by the European Society for Quality Research (ESQR).
The Kenya Medical Supplies Authority (KEMSA) has put Kenya on the world map after winning the Best Quality Leadership Award 2024, which is conferred by the European Society for Quality Research (ESQR).
BasiGo Receives Kes 397.05M To Boost E-Bus Production In Kenya, Rwanda
BasiGo has secured Kes 397.05 million from Toyota’s parent company, CFAO Group, split between CFAO Kenya and Mobility54, the corporate venture capital arm of CFAO.
BasiGo has secured Kes 397.05 million from Toyota’s parent company, CFAO Group, split between CFAO Kenya and Mobility54, the corporate venture capital arm of CFAO.
Kenyan Start-Up BasiGo Gets $3 Million Boost From Toyota
A Kenyan electric vehicle (EV) start-up, BasiGo, Has announced a $3 million boost from Toyota's parent company, CFAO.
A Kenyan electric vehicle (EV) start-up, BasiGo, Has announced a $3 million boost from Toyota's parent company, CFAO.
Coffee Societies In Murang’a Get Kes80M To Boost Production
Seven cooperative societies in Murang’a have received Kes 80 million in funding to help boost coffee production and efficiency during processing in factories.
Seven cooperative societies in Murang’a have received Kes 80 million in funding to help boost coffee production and efficiency during processing in factories.
Sugar Price Reduces By Kes 10 Per Kilo On Increased Local Output
According to the latest data from the Sugar Directorate, the price of a kilo of sugar has dropped by Kes 10 to Kes 185 in February from Kes 195 in January after sugarcane milled by local factories grew.
According to the latest data from the Sugar Directorate, the price of a kilo of sugar has dropped by Kes 10 to Kes 185 in February from Kes 195 in January after sugarcane milled by local factories grew.
Government Bans Artisanal Mining Activities And Unlicensed Commercial Mining
Kithure Kindiki directed the Migori County Security and Intelligence Committee (CSIC) to enforce the directive immediately noting that the directive will ensure regularised artisanal mining that meets public safety and environmental standards.
Kithure Kindiki directed the Migori County Security and Intelligence Committee (CSIC) to enforce the directive immediately noting that the directive will ensure regularised artisanal mining that meets public safety and environmental standards.
Co-operative Bank Announces Kes 8.8B Dividend Payout To Shareholders
The Co-operative Bank of Kenya has recommended a dividend payout to shareholders of Kes 1.5 per share, amounting to Kes 8.8 billion for the full year ending December 2023, pending regulatory and stockholder approvals.
The Co-operative Bank of Kenya has recommended a dividend payout to shareholders of Kes 1.5 per share, amounting to Kes 8.8 billion for the full year ending December 2023, pending regulatory and stockholder approvals.
Tax Will Be Compulsory Subject In CBC-Kenya Revenue Authority
The Kenya Revenue Authority (KRA) has partnered with the Kenya Institute of Curriculum Development(KICD) to develop exclusive tax e-resources for students in Competency-Based Curriculum (CBC) to enhance student tax literacy.
The Kenya Revenue Authority (KRA) has partnered with the Kenya Institute of Curriculum Development(KICD) to develop exclusive tax e-resources for students in Competency-Based Curriculum (CBC) to enhance student tax literacy.
KCB Group To Sell Its Subsidiary National Bank Of Kenya
KCB Group (KCB.NR) plans to sell its affiliate, the National Bank of Kenya (NBK), to a Foreign lender.
KCB Group (KCB.NR) plans to sell its affiliate, the National Bank of Kenya (NBK), to a Foreign lender.
KRA Partners With KICD To Integrate Tax Education Into School Curriculum
They will integrate tax education into key subjects such as Business Studies, Mathematics, English, Kiswahili, and Social Studies, the initiative aims to provide students with a foundational understanding of taxation and its societal impact.
They will integrate tax education into key subjects such as Business Studies, Mathematics, English, Kiswahili, and Social Studies, the initiative aims to provide students with a foundational understanding of taxation and its societal impact.