Category: Finance

DRIVE TO RAISE 30B FOR CUSTOMER SUPPORT IN COVID-19

DRIVE TO RAISE 30B FOR CUSTOMER SUPPORT IN COVID-19 By Donald Kogai Kenya Commercial Bank and Safaricom committed to support customers in financial distress, making available more affordable lending and cutting transaction costs on mobile as part of the measures…

KENYA COMMERCIAL BANK GROUP PROFITS SHOOTS UP

KENYA COMMERCIAL BANK GROUP PROFITS SHOOTS UP By Wambui Odhiambo Kenya Commercial Bank Group profit has shot up in the year 2019 after Tax return up 5% to 25.2 billion Kenya shillings. Improved Profitability and shareholder returns driven by loan…

DIAMOND TRUST BANK TO SUPPORT SCHOOL GIRLS

DIAMOND TRUST BANK TO SUPPORT SCHOOL GIRLS By Patience Chemjor Diamond Trust Bank Kenya Limited (DTB) announced a commitment to spend Ksh50 Million over the next five years on an initiative to support over 30,000 school girls access quality menstrual…

NCBA SIGNS PROPERTY FINANCING DEALS WITH OPTIVEN

NCBA SIGNS PROPERTY FINANCING DEALS WITH OPTIVEN By Douglas Muriithi As Bank projects property sector to grow by 15% following removal of interest rate caps NCBA Bank has signed a strategic partnership with property firm, Optiven Limited as it aims…

DIGITAL LENDERS ASSOCIATION LAUNCHES MONEYMARCH

DIGITAL LENDERS ASSOCIATION LAUNCHES MONEYMARCH By Donald Kogai Digital Lenders Association of Kenya (DLAK) announced the first-ever MoneyMarch: a month- long event dedicated to bringing providers and consumers together in a conversation around financial health and wellness. MoneyMarch is proudly…

A DAY TO DUE DATE FOR TURNOVER TAX

A DAY TO DUE DATE FOR TURNOVER TAX By Mercyline Omware Payment of Turnover Tax (TOT) is due this Thursday 20th February 2020 and all Micro and Small Enterprises (MSEs) should register, file and pay the January 2020 tax returns…

EXPORTERS AND IMPORTERS WANT THE GOVERNMENT TO GO SLOW ON TAX AND OFFER FINANCIAL SUPPORT

EXPORTERS AND IMPORTERS WANT THE GOVERNMENT TO GO SLOW ON TAX AND OFFER FINANCIAL SUPPORT By Chris Ojow When the exporter or an importer is eligible and in the good records of Export Credit Agency (EAC), through export finance, the…

KIAMBU COUNTY MAN CON’S THOUSANDS OF ONLINE FOREX TRADERS MILLIONS OF KENYA SHILLINGS

KIAMBU COUNTY MAN CON’S THOUSANDS OF ONLINE FOREX TRADERS MILLIONS OF KENYA SHILLINGS By Chris Ojow Through an application filed before Nairobi’s Chief Magistrate Francis Andayi at Milimani Law Court, seeking for a refund of their hard earned sweat. The…

MORE THAN 500 TAX EXPERTS GRADUATE

MORE THAN 500 TAX EXPERTS GRADUATE By Donald Kogai More than 500 tax professional graduated during the Kenya School of Revenue Administration graduation ceremony held at Bomas of Kenya, Nairobi County. The graduands were awarded certificates and diplomas in various…

A FRANCISCAN BROTHER PETER TABICHI GIVES OUT 80% OF HIS HARD EARNED INCOME

A FRANCISCAN BROTHER PETER TABICHI GIVES OUT 80% OF HIS HARD EARNED INCOME By Kelvine Majangah At Keriko Secondary School in Central Kenya, host Arit Okpo meets Peter Tabichi, a science teacher who received the Varkey Foundation Global Teacher Prize…

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