Economy

Economy

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KRA KRA
Economy•

KRA busts Sh4 billion in VAT fraud scheme, fake invoices

Taxman has presented 37 inquiry files to the Office of the Director of Public Prosecutions for review and appropriate action.
SME funding SME funding
Economy•

Businesses in Kenya starved of Sh3 trillion, chocking growth

Bulk of enterprises in food, trade, services, light manufacturing and
KRA Customs KRA Customs
Economy•

KRA customs exceeds September collections target by Sh965 million

Taxman attributes rise to increased value of imported fertilisers, iron, steel
Dangote East Africa Oil Refinery Dangote East Africa Oil Refinery
Economy•

Dangote vows Lamu refinery will be ready in 40 months

Top industrialist sets ambitious timeline, pledges training school in Lamu

Below the fold

Below the fold

Jua Kali
Economy•

Informal workers earning less than the legal minimum wage

Elizabeth Wasunna, Business Banking Director, Absa Bank Kenya
Economy•

Partnerships can accelerate growth for women-led SMEs in Kenya

NCBA John
Economy•

Calls intensify for a cybersecurity boost to fortify East Africa’s SACCOs

viazi
Economy•

Inflation ticks up marginally to 4.4% in August

Bamburi Cement
Economy•

Savannah Clinker outbids Amsons with Sh25.4Bn for Bamburi Cement

NCBA Limuru
Economy•

NCBA to raid customer savings for loan repayments

Absa HY24
Economy•

Revenue boost drives Absa Bank's Half-Year profit to Sh10.7Bn

KCB Kimathi
Economy•

KCB resumes dividends after 86% profit surge to Sh29.9Bn

Kenya Airways
Economy•

KQ flies back to profit after a 10-year descent

Tax hike
Economy•

July trade activity takes a big hit on tax revolt—report

EABL - FY24
Economy•

EABL profit dips 12% to Sh10Bn as consumers opt for illicit brews

Working from office
Economy•

Kenya's productivity at risk as worker engagement dips