Category: Business

WESTERN UNION DIGITAL MONEY TRANSFER IN KENYA THROUGH DIAMOND TRUST BANK

WESTERN UNION DIGITAL MONEY TRANSFER IN KENYA THROUGH DIAMOND TRUST BANK By Mercyline Omware Western Union a leader in cross-border, cross- currency money movement and payments, and Diamond Trust Bank Kenya Limited (DTB), a leading Kenyan bank, announced the launch of…

HENNESSY EMBARKS ON SUPPORTING CREATIVITIES

HENNESSY EMBARKS ON SUPPORTING CREATIVITIES By Kanyingi Kuria Hennessy through its Never Stop Never Settle campaign initially launched before the coronavirus pandemic is supporting creatives to promote the spirit of pushing limits to achieve greater success. The initiative launched across…

NATIONAL BANK OF KENYA POSTS 87M NET PROFIT

NATIONAL BANK OF KENYA POSTS 87M IN NET PROFIT By Cosmas Butunyi National Bank of Kenya (NBK) posted KShs. 87million in profit after tax for the nine months ending September 2020. This represents a 77% decline over a similar period…

TAX TRIBUNAL CANNOT STAY OWN PROCEEDINGS

TAX TRIBUNAL CANNOT STAY OWN PROCEEDINGS By Donald Kogai The High Court has ruled that the Tax Appeals Tribunal (TAT) does not have jurisdiction to stay its own proceedings on account of other proceedings pending in the High Court. The…

MORE SURPRISES AS SMALL KENYAN TRADERS SET TO BENEFIT

MORE SURPRISES AS SMALL KENYAN TRADERS SET TO BENEFIT By Donald Kogai Small Kenyan traders (SMES) are set to benefit from a joint initiative between Kenya Revenue Authority (KRA) and Kenya Railways Corporation (KRC) following the launch of a Container…

KENYA TO HOST 48TH EAST AFRICAN REVENUE COMMISSIONERS WORKSHOP

KENYA TO HOST 48TH EAST AFRICAN REVENUE COMMISSIONERS WORKSHOP By Samuel Migele The Kenya Revenue Authority (KRA) Commissioner-General Mr. Githii Mburu will host his counterparts from the East African Community Tax Authorities for the 48th East African Revenue Authorities Commissioners…

WELCOME TO ONLINE MARKET PLACE IN KENYA

WELCOME TO ONLINE MARKET PLACE IN KENYA By Rowland Ngeno Mahambi is an online peer to peer thrift marketplace where Kenyans can open ‘digital shops’ in minutes and sell their clothing items from anywhere, anytime. Launched in Kenya. Mahambi Market…

CARGO TRANSIT SHED LAUNCHED

CARGO TRANSIT SHED LAUNCHED By Donald Kogai Kenya Revenue Authority in collaboration with Kenya Railways Corporation (KRC) is hosting His Excellency The President of Republic of Kenya and Commander in Chief of the Defence Forces Hon. Uhuru Kenyatta as he…

KRA COMMISSIONER GENERAL ELECTED AS MEMBER OF ATAF EXECUTIVE

KRA COMMISSIONER GENERAL ELECTED AS MEMBER OF ATAF EXECUTIVE ARM By Donald Kogai The KRA Commissioner General, Githii Mburu, has been nominated as a Member of the Governing Council of the Africa Tax Administration Forum (ATAF). He was voted during…

NCBA PROJECTS GDP GROWTH TO RECOVER 3.9 PERCENT

NCBA PROJECTS GDP GROWTH TO RECOVER 3.9 PERCENT By Douglas Muriithi NCBA Group PLC (NCBA) is projecting the country’s Gross Domestic Product (GDP) to grow by 3.9 percent in 2021 if the second wave of Covid-19 is less severe and…

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