The gap between taxes raised by the Kenya Revenue Authority (KRA) and the spending by government will average Sh500 billion for the next two years driven by excess state spending.
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Governments are pushing back to tax online businesses but how effective will they be able to crack the elusive market.
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Platinum sponsors Coca Cola and Safaricom, have today unveiled a diverse lineup of judges who are set to headline the biggest talent show in the East African Region.
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Cigarette makers attracted the hawkish eyes of foreigners who executed block sales to move BAT shares at the NSE to a six week high of Sh508.
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On July 11, the suits, sophisticated capital market players met to launch the second derivatives market in the continent in at the Kenyan capital Nairobi.
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Who would have thought that one day; tethering rocks to a chip-sensor to measure temperature, planting a chip inside cattle’s horns to track their movement and health or simply measuring the levels of calcium and humidity in Soil, would be possible?
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Investment Bank Sterling Capital has bought 20 percent stake of an SME private equity fund Afvest, targeting deals below Sh500 million.
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The rise of Fintechs has over the past decade swept the lending business threatening the banking establishment.
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Two derivative contracts were traded on Thursday, during the first day of launch, marking a major milestone for the Nairobi bourse.
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The Nairobi Securities Exchange Derivatives Market futures will start trading today, with the official launch of the market slated for 11 July 2019, becoming the second market after Johannesburg Stocks Exchange to offer the product.
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