The digital assets tax was first introduced through the Finance Act of 2023, and was set at three percent of the gross fair ...

Billionaire investor Baloobhai Patel bought an additional 9.17 million shares in Absa Bank Kenya with a current market value ...

Kenya Power is facing rising project costs, with unpaid street lighting bills increasing to Sh808.6 million in the year ...

The payout marks a 29 percent rise from 2023 earnings, driven by favourable weather and improved husbandry practices.

Last year’s Finance Bill introduced major taxation measures, but it was later withdrawn after days of protests across the ...

Businesses dealing in zero-rated goods can reclaim input VAT, potentially lowering costs, whereas those offering exempt goods cannot, which may lead to higher operating expenses.

The President spoke during Labour Day celebrations in Nairobi following a proposal from the Central Organisation of Trade ...

Since July 2023, the Kenyan workforce has been deducted 1.5 percent of their salaries to fund the scheme, with employers ...

According to KRA, the taxable value of fringe benefit tax is the difference between the market interest rate and the actual ...

For Njenga, art is an act of faith. He doesn’t impose on ideas—they come to him, and he works with what’s given.

The fivefold increase will mainly benefit senior government officials and corporate executives, who usually receive higher ...

The amendment comes at a time when the KRA’s attempts to link its systems with banks to have real-time transactional data ...