Banking

The Kenya Revenue Authority (KRA) has won a Kshs. 234 million tax claim suit against Equity Bank Kenya Ltd after the High Court in Nairobi upheld the Tax Appeal Tribunal’s earlier decision allowing KRA to charge the Bank PAYE on Employee Stock Ownership Plan (ESOP).  Equity Bank had filed an Appeal against the judgement of the Tribunal delivered on 19th December 2019 upholding the KRA’s move. KRA had carried out a tax compliance audit of the Bank’s records with regard to...

Standard Chartered Bank has today launched the Women in Tech Access to Capital initiative aimed at increasing women’s participation in...

Family Group Foundation will spend KES 30 million on scholarships for students from needy backgrounds joining form 1 this year....

Family Bank has redeemed its five and half years (5 and ½ year) Medium Term Notes (MTN) worth KES 2.0188...