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Kenya will now borrow at least Sh1 trillion more in the current financial year 2020/2021 to plug the gap left...

The Search for Women led businesses is back! @iBizAfrica-Strathmore University in Partnership with Standard Chartered Bank Kenya is excited to...

By Angela Koki The biggest thing about Fuliza is the interest that it earns on the borrowed amount. What they...

Salon and wellness services online booking platform, Saspacity, has rolled out its services in Kenya as it targets to tap...

Nairobi Metropolitan Service (NMS) Director Major General Mohammed Badi Kenyans on Twitter have reacted to news that the Nairobi Metropolitan...

NCBA has partnered with Tatu City to enable aspiring homeowners’ access mortgages at the 5,000-acre Special Economic Zone on Nairobi’s...

RUBiS Energy Kenya has officially launched into the market following the successful acquisitions of KenolKobil Plc and Gulf Energy Holdings...

Cytonn Real Estate, the development affiliate of Cytonn Investments, has released their Q3 ’2020 Markets Review. The report highlights the...

To aid rapid school re-opening, KCB Bank Kenya has announced a wide variety of financial support solutions including loans of...

The Rift Valley Railways Kenya Limited has been ordered to pay Kshs. 1.6 billion tax to  Kenya  Revenue  Authority  (KRA).   This  follows  an  order  by  the  Tax  Appeals Tribunal in a Judgement delivered on 25th  September, 2020. The  railway  company  had  appealed  against  KRA’s  tax  assessment  contained  in  an objection  decision  dated  11th  December  2017  following  an  audit  conducted  for  the years 2011 to 2016. In the audit KRA examined the records and the operations of the railway company and raised an assessment of Kshs. 1,696,233,674 comprising Custom Duty, Value Added Tax, Withholding Tax Income Tax and Withholding VAT. Aggrieved  by  the  decision  of  KRA,  the  railway  company  filed  an  Appeal  on  24th January  2018,  where  it  sought  for  orders  that  the  additional  taxes  be  struck  out, confirmation of assessment be declared unfair and enforcement of  the demand for the tax to be set aside. KRA opposed the appeal on the...