Category: Business

CARBACID INVESTMENT SHAREHOLDERS APPROVE THE PROPOSED ACQUISITION

Carbacid Investment Plc Shareholders Approve the Proposed Acquisition of up to 100% of the shares of BOC Kenya PLC By Donald Kogai Carbacid Investments PLC’s (CIL) shareholders approved the acquisition of up to 100% of the shareholding of BOC Kenya…

TAX TRIBUNAL DISMISSES CASE CHALLENGING KRA’S 172M TAX DEMAND

Tax tribunal dismisses case challenging KRA’s K shs 172 Mn tax demand By Samuel Migele The Tax Appeals Tribunal dismissed Kazimoni Auto Tyres Ltd’s application seeking to file its tax appeal out of time to challenge KRA’s Kshs.172, 382, 355…

SUPERIOR HOMES TO BUILD 350M COMMERCIAL CENTER IN ATHI RIVER

SUPERIOR HOMES TO BUILD KSHS. 350MILLION COMMERCIAL CENTER IN ATHI RIVER By Vera Shawiza Superior Homes Kenya PLC, the developers of iconic Greenpark estate, is set to build a retail frontage commercial centre to be built at a cost of…

KCB INTRODUCES DISCOUNTED FINANCING FACILITY

KCB introduces discounted financing facility to boost KCB MSME customers whose operations have been adversely affected by COVID-19. By Ednah Kiarie Micro, small and medium enterprises experiencing disrupted cash flows will be able to access both secured and unsecured financing…

KENYA REVENUE AUTHORITY WINS OVER 9B TAX CASE

Kenya Revenue Authority wins 9.3 Bn tax case By Samuel Migele The Kenya Revenue Authority (KRA) has won a Kshs 9.3 billion tax case against Paleah Stores Limited in a judgment delivered on 22nd January 2021 by the Tax Appeals…

MWANANCHI CREDIT UNVEILS 8-YEAR REPAYMENT PLAN FOR CIVIL SERVANTS AND TSC LOANS

Mwananchi Credit Unveils 8-Year Repayment Plan For Civil Servants and TSC Loans By Correspondent Mwananchi Credit Limited has extended the repayment period for loans taken by civil servants and teachers to eight years. The secured credit lender says this is…

CLIENTS VOTE FAMILY BANK AS THE BEST BANK

CUSTOMERS VOTE FAMILY BANK AS BEST TIER TWO BANK IN DIGITAL AND CUSTOMER EXPERIENCE By Vera Shawiza Family Bank customers voted for the Bank as best tier two bank and the overall second-best bank in customer responsiveness and satisfactory digital…

ISUZU EAST AFRICA, NCBA TO UNVAIL A PROGRAM FOR SCHOOL BUSES FINANCING

Isuzu East Africa, NCBA to unveil a program for school buses financing to support COVID-19 measures on social distancing by students By Douglas Muriithi NCBA Bank and Isuzu East Africa on Wednesday January 27, 2021 at 9:00am East Africa Time…

NCBA DEPOSITORS TO WIN PRECIOUS GIFTS

NCBA DEPOSITORS TO WIN PRECIOUS GIFTS THROUGH NEWLY LAUNCHED, NUMBERS THAT MATTER By Douglas Muriithi NCBA rolled out a creative brand campaign that will demonstrate the real-life impact of its brand promise on its customers. Dubbed Numbers That Matter, the…

KENYA POWER TARGETS 55000 SME CUSTOMERS WITH SMART METERS

Kenya Power targets 55000 SME customers with smart meters By Linda Musiime Kenya Power rolled out a smart metering project that will benefit 55,000 customers in the Small and Medium Enterprise sector across the country. The Kshs.1.25 billion World Bank…

Page 4 of 50