The Central Bank of Kenya (CBK) has mopped a further Sh27.2 billion from the third auction of…
Central Bank will get Sh27bn from third 3-year bond supply
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Central Bank will get Sh27bn from third 3-year bond supply
The Central Bank of Kenya (CBK) has mopped a further Sh27.2 billion from the third auction of…
Steel tycoon Raval will get State backing in cement tax battle
A proposal by the Treasury to impose a 10 percent levy on imported clinker has awakened a…
Steel tycoon Raval will get State backing in cement tax battle
A proposal by the Treasury to impose a 10 percent levy on imported clinker has awakened a…
Medanta’s internet rises 5-fold to Rs 101 crore in March quarter
The Ebitda margins expanded 890 YoY basis points to 26.2%. Occupied bed days increased by 25.6% YoY, representing an occupancy of 58% on increased bed capacity.
Asian shares, US futures rise on debt ceiling deal
NCBA provides 17 million new Fuliza clients
NCBA Group added 16.8 million customers to its short-term loans service Fuliza in the year…
Angel Tax on multinational firms might bedevil FDI
The government provided a blanket exemption from angel tax to various structures such as pension and sovereign wealth funds, among others investing in India from 21 countries, but corporate entities were left out, making them potentially liable to the levy.
Capital features tax declines by 13pc regardless of tripling of fee
Taxes collected from financial deals arising from transfer of real estate and shares in…
Debt ceiling deal: What’s in, what’s out
The pause in student loan repayments would end within 60 days.
Court orders Tullow to pay contractor Sh56 million
Tullow Kenya B.V. has been ordered to pay a construction firm Sh56.6 million arising from a…
Supreme Court declines to assessment contempt case in opposition to EABL bosses
The Supreme Court on Friday declined to review a decision directing officials of East African…
Court spares ex-Chase Bank officers’ belongings
Kenya Deposit Insurance Corporation (KDIC) has been restricted from selling or transferring…
Traders gear up for riskier belongings
The US dollar, which has benefited from angst around the statutory borrowing limit, will be in focus as another week of trading begins at 5 a.m. Monday in Sydney. Liquidity is set to be thin with US and UK markets closed Monday for national holidays, although futures contracts referencing US Treasuries and the S&P 500 Index will trade.