03/04/2024
As a result, the sector regulatory NPL ratio increased by 170 basis points in the first nine months of 2023 to reach 15 percent at the end third quarter of 2023,” said Fitch in its analysis.
03/04/2024
The Expatriate Employment Levy is a financial contribution imposed on employers who hire foreign workers.
03/04/2024
Artificial intelligence, a fast-evolving technology that taps the intelligence of machines or software is transforming all social spheres globally.
03/01/2024
The parametric approach to reinsurance championed by ASR facilitates the flow of capital to support vulnerable populations.
03/01/2024
The two countries will have to meet some final pre-membership requirements before the process is concluded.
03/01/2024
Government officials have consistently maintained that the naira is currently undervalued.
03/01/2024
As far back as 2018, the Commonwealth said that it’s not fit for purpose.
02/29/2024
Easing of default fears coupled with a surprise rise of base interest rates payment has served to raise confidence in Kenya’s asset classes such as bonds
02/29/2024
The KRA Commissioner-General had in a February 12,2024 letter sought guidance from the AG on the government’s position on the controversial levy.
02/28/2024
Accounts has seen an uplift.
02/28/2024
Cardoso told a news conference that all members of the 12-member Monetary Policy Committee (MPC) participated in the first rate decision
02/27/2024
Failure to recover within this period would eventually lead to delisting of such companies from the exchange.
02/27/2024
The FATF also noted the overall ineffectiveness of Kenya’s response to money laundering and economic crimes, primarily the failure to prosecute cases effectively.
02/26/2024
The utility recorded a 31 percent jump in revenues to Sh113.55 billion, up from Sh86.66 billion.
02/26/2024
Of the Sh170 billion, Kenya Airways owes Sh88 billion, KPA (Sh79 billion) while KenGen owes Sh2.5 billion.
02/26/2024
Non-provisional taxpayers closed out their tax affairs in October last year, with the new tax season expected to open later in 2024.
02/23/2024
Recent legal cases and interpretations shed light on the complexities within this legal framework
02/23/2024
The ongoing reforms within the banking sector aim to create stable and profitable institutions capable of supporting the real sector and increasing lending.
02/22/2024
Banks sale of approximately $172m on Wednesday represents about 47 per cent increase from the $117m sold on Tuesday.
02/22/2024
To operationalise this requirement, the Attorney General published the Companies (Beneficial Ownership Information) Regulations on 18 February 2020