Bar and restaurant owners in Murang’a county have rejected the proposed increase of excise duty by the taxman as a measure by the new regime to stabilize the country’s economy. The businessmen…
By setting a target rate, say 16% VAT on goods, if a product sells at KES 100, the government takes KES 16. However, due to inflation, if for instance, KES depreciates by…
The Kenya Power and Lighting Company (KPLC) is under fire from a section of Kenyans who have noticed the country’s power provider unprocedurally increased the Fuel Energy charge last night from Ksh…
Kenya’s economic recovery is underway and government revenues have overperformed. This is according to the International Monetary Fund (IMF). The body in its third review of the country’s economic programs under its…
Renowned airline, Fly 748 has projected positive prospects for the airline industry in 2022 despite the tough operating environment fuelled by the Ukraine war, COVID-19 and politics. According to the airline, the…
Infinix recently launched its NOTE 12 Series at its elegant event at the Sarit Centre Expo, a trendy and contemporary location that aligns with the brand’s vision and mission. This is the…
The Egerton University Department of Finance has raised an alarm over huge sums of money totaling Sh 13.5M that has been deposited to the university’s bank accounts from 2015 by an unidentified…
Aaron Asiba Matendechere, the man behind the viral “Nitakufinya” phrase has taken legal action against three corporates for using his brand without consent. According to documents presented in court, Matendechere is suing…
Bolt, the popular taxi-hailing app is under fire after a lady passenger’s hand was cut by its driver. According to reports on social media, a lady identified as Susan Waithera was assaulted…
Evidence from the EACC show former Nairobi Governor Dr. Evans Kidero used stolen public funds to construct his luxury Gem Apartments located in Nairobi’s Riverside Drive. Kidero, in collaboration with his former…