PREMIUM Tobacco company slapped with Sh500 million tax bill Taxes imposed on the troubled firm were on consignments allegedly exported to Burundi between 2013 and 2017.
KRC gets reprieve in Sh124m excess rent row with glass firm The Appeal Court ruled that the state corporation was not liable to attach its assets or bank deposits.
Strong shilling, sales push Kenya Power back into profit Kenya Power has returned to profitability, posting a net profit of Sh30.08 billion.
SHIF deductions: Six banks selected for remittances This October, the government begins raiding payslips of salaried workers.
Jubilee, DTB launch new cover premium pay option The option, known as Lipa Polepole, allows customers to pay premiums in flexible installments.
PREMIUM IMF cuts Kenya’s 2025 GDP growth outlook to 5 per cent The IMF has reduced Kenya's GDP growth forecast for 2025 to 5% due to financial challenges linked to anti-tax protests.
Heineken loses bid to stop Sh1.7bn award to tycoon Supreme Court strikes out application to set aside award to businessman Kiuna.
US bank JPMorgan Chase to establish presence in Kenya CBK says it will not undertake banking business.
PREMIUM Pressure on mills as cane delivery hits 10-year high The 44 percent increase in production signals better prices for sugar and reduced reliance on costlier imports.
Data handling firms face auditing amid complaints Office of the Data Protection Commissioner seeking a consultant to establish compliance levels of several entities.
Bird strikes: KQ spends Sh8bn on plane repairs in 4 years KQ Chief Executive Alan Kilavuka says bird strikes are on the rise, straining the company's finances as it struggles to stay afloat
New M-Pesa feature lets you set up a standing pay order M-Pesa Ratiba will allow customers worry-free digital payments of bills and transactions.
NGO wades into Starlink entry, wants Safaricom claims probed Kituo Cha Sheria says Safaricom's claims are unsubstantiated.
PREMIUM Why top firms are ditching bottled water for tap water Turning on the taps reduces the cost of buying bottled water and distribution, the use of plastic, and the carbon emissions.
PREMIUM KQ risks refund pressure over flight delays, cancellations Delays and cancellations were caused by an unscheduled engine overhaul and unforeseen supply chain constraints.
Regional watchdog to Uber: adjust customer contracts to local laws Uber compels the parties to its service to resolve disputes under Dutch laws.
Kenya Airways Sh120b debt for planes From 2017, KQ serviced a restructured debt until early 2020 when it faced financial constraints due to the Covid-19 pandemic.
NCBA’s autosweep feature to recover unpaid loans from linked accounts NCBA's autosweep feature signals a drive by the bank to curb defaults and late payments.
KLB eyes regional markets for Kiswahili books In July 2022, Uganda’s Parliament adopted Kiswahili as an official language.
How Starlink plans to bring internet, mobile services to your phone Direct to Cell satellites will initially be launched on SpaceX’s Falcon 9 rocket and then on Starship.
Bolt takes after Uber, raises ride charges after pressure from drivers Bolt announced it had increased base fares across all categories by 10 percent.
PREMIUM Mombasa Cement vs Ramji brothers: Story behind epic land feud Since 2010, the firm has been locked in a bitter legal row with the Ramji brothers.
PREMIUM Why Safaricom wants tight controls for Musk’s Starlink in Kenya The telco asked the CA to re-evaluate its decision to grant independent licences to Satellite service providers.
Higher revenues, strong shilling lift Serena hotels operator back into profitability The rebound was supported by higher revenues in the period.
Uber raises ride charges after pressure from drivers Drivers had resorted to setting their own rates in recent weeks.
Gerald Warui steps down as Equity Bank MD His departure follows the departure of another long-serving executive, Ms Mary Wamae.
New Sony Sugar MD plots to crush lawyers eyeing to con miller Auditor General says ongoing litigations risk costing the company a possible settlement amount of over Sh2 billion.
End of an era as Mobius shuts down after 13-year drive Move comes amid piling debts and a multi-million shilling tax dispute with KRA.
Video game developers woo investors with pitches at Microsoft camp Africa's video games industry is expected to reach $1 billion (Sh129.93 billion) in revenue for the first time this year.
PREMIUM JKIA mischief: Uhuru’s troubles haunt Ruto JKIA takeover by KQ had been initiated by President Uhuru Kenyatta’s Cabinet and communicated to KAA on May 29, 2018.
