Category: Business

TAX INVOICES FAIL TO MEET CLAIMS

TAX INVOICES FAIL TO MEET CLAIMS By Donald Kogai The Tax Appeals Tribunal ruled that it is not enough for a taxpayers to provide tax invoice in order to claim input VAT. Tax invoice is among documents listed in Section…

27 KENYAN CEO’S PLEDGE SUPPORT FOR MULTILATERALISM AS UNITED NATIONS TURNED 75

27 KENYAN CEO’S PLEDGE SUPPORT FOR MULTILATERALISM AS UNITED NATIONS TURNED 75 By Allan Chesang (African Times Guest Writer) In global affairs, multilateralism means an agreement of many countries with the same goal. Also, multilateralism is a diplomatic word that means cooperation between…

CREATOR OF FINGERSPELLING WINS 1M

CREATOR OF FINGERSPELLING WINS 1M By Ednah Kiarie InABLE Awards Kshs 1 Million prize money at the inaugural Digital Accessibility Innovations Award. Hudson Asiema from Kenya developed the Fingerspelling Pro for Kids mobile application, an alphabet game in sign language…

KENYA ASSOCIATION OF MANUFACTURERS LAUNCHES BUSINESS PLAN

KENYA ASSOCIATION OF MANUFACTURERS LAUNCHES BUSINESS PLAN By Donald Kogai Kenya Association of Manufacturers (KAM), launched the Strategic Business Plan for the establishment of a Plastic Producer Responsibility Organization (PRO) in Kenya. The PRO will drive collective Extended Producer Responsibility…

KENYA PRIVATE SECTOR ALLIANCE HOST SUMMIT ON INCLUSIVE SUPPLY CHAINS

KENYA PRIVATE SECTOR ALLIANCE HOST SUMMIT ON INCLUSIVE SUPPLY CHAINS By Wahome Wangechi The Kenya Private Sector Alliance (KEPSA) held the Annual Supplier Diversity Summit that brought together key stakeholders from across Kenya to discuss how inclusive supply chains can…

KCB RECEIVED US$150M FROM IFC FOR SME LENDING

KCB RECEIVED US$150M FROM IFC FOR SME LENDING By Donald Kogai Kenya Commercial Bank received an approval for US$150 million, from the International Finance Corporation (IFC) as lead syndicator, to support the growth of the Bank’s sustainable climate finance portfolio…

GLOVO WITH OVER 2M USERS ON STRATEGIC EXPANSIONS

GLOVO WITH OVER 2M USERS ON STRATEGIC EXPANSIONS By Mary Kibe Glovo, the on-demand delivery start-up has announced a new wave of strategic partnerships and launched operations in Ngong and Rongai Towns as part of its expansion strategy to provide…

INFLATION ADJUSTMENT ON SPECIFIC RATES OF EXERCISE DUTY

INFLATION ADJUSTMENT ON SPECIFIC RATES OF EXERCISE DUTY By Donald Kogai Kenya Revenue Authority (KRA) published a list of new excise duty rates following the recent adjustments. Through a public notice, KRA informed manufacturers and importers of excisable goods that,…

UNSUNG HERO’S KENYA DEFENCE FORCE IN INFRASTRUCTURE DEVELOPMENT

UNSUNG HERO’S KENYA DEFENCE FORCE IN INFRASTRUCTURE DEVELOPMENT By Allan Chesang (African Times Guest Writer) Kenya Defence force White Paper shapes the National Economic Development Activities which the military can take part. These include construction of buildings, roads, bridges, dams,…

KENYA REVENUE AUTHORITY SEIZE COUNTERFEIT ALCOHOLIC PRODUCTS WORTH 12M

KENYA REVENUE AUTHORITY SEIZE COUNTERFEIT ALCOHOLIC PRODUCTS WORTH 12M By Donald Kogai Kenya Revenue Authority (KRA) in conjunction with the multi-agency team charged with combating illicit trade has impounded more than 1,600 cartons of alcoholic products bearing fake excise stamps….

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