Category: Business

CHANGE OF GUARD AT BRITAM

BRITAM ANNOUNCES GROUP MANAGING DIRECTOR CHANGES By Douglas Muriithi Dr. Benson Irungu Wairegi is set to retire as Britam Holdings Plc Group Managing Director effective 31st January 2021. In an internal circular to directors and staff at Britam, company chairman…

KENYA REVENUE AUTHORITY WINS OVER 105M

KRA wins Kshs 105.6 million case against Mars Logistics Limited By Samuel Migele The High Court in Nairobi dismissed an appeal by Mars Logistics Limited contesting a charge of Value Added Tax (VAT) on transportation services among other claims. Mars…

IT’S FULL TAX RELIEF FOR KENYAN TAXPAYERS

Tax relief for Kenyan taxpayer By Samuel Migele Kenyan Taxpayers will now get full or partial relief of penalties and interest on undisclosed taxes for the last five years. This will be effected through the newly introduced Voluntary Tax Disclosure…

ENEMIES SHARPEN SPEARS TO BRING DOWN PROGRESSING SAFE GATE CARGO SERVICES LTD

ENEMIES SHARPEN SPEARS TO BRING DOWN PROGRESSING SAFE GATE CARGO SERVICES LTD By Chris Ojow Business rivalry is not a new phenomenon in the East African Super Power State, Kenya. The recent beef, Court battles between the upcoming giants Keroche…

BAMBURI CEMENT EMBRACING GENDER EQUALITY

Bamburi signs up to implement the Women’s Empowerment Principles, signalling the company’s commitment to gender equality By Douglas Muriithi Bamburi Cement Group Managing Director Seddiq Hassani signed the CEO statement of support for the Women’s Empowerment Principles (WEPs) to symbolize…

KENYA MACROECONOMIC OUTLOOK IS NEGATIVE

“KENYA MACROECONOMIC OUTLOOK IS NEGATIVE, CONSIDERING THE ECONOMIC IMPACT CORONAVIRUS HAS HAD IN THE COUNTRY.” By Vera Shawiza During the first half of the year the economy contracted by 0.4% due to the 5.7% contraction in Q2’2020 down from a…

KENYAN DIGITAL LENDERS CONDUCT ELECTIONS

DLAK elects new chairperson, sets sights on more consumer education New leadership team to champion initiatives to promote economic recovery. By Donald Kogai Members of the Digital Lenders Association of Kenya (DLAK) have elected Alternative Circle Chief Executive Officer Mr….

OCTAGON’S MICRO – PENSION SOLUTION FETED

OCTAGON’S MICRO-PENSION SOLUTION FETED By Vera Shawiza Octagon’s micro-pension solution MOBIKEZA has been recognised by the World Pension Summit Innovation awards for their communication and innovation engagement targeted at the informal sector. Launched last year, MOBIKEZA is an innovative digital…

KENYAN APPOINTED TO WORLD BANK ADVISORY PANEL

KENYAN APPOINTED TO WORLD BANK ADVISORY PANEL By Mugambi Mutegi Mr. Wang’ombe Kariuki, the Competition Authority of Kenya’s Director-General, has been appointed to the World Bank’s Advisory Panel. The key deliverable is advising on the World Development Report (WDR) 2021….

BUSINESS OWNERS GET COVID-19 LOANS

BUSINESS OWNERS GET COVID-19 LOANS By Samuel Migele Over 200 local businesses in Kenya applied for COVID-19 relief loans under a programme run by Kenya Private Sector Alliance (KEPSA) and Mastercard Foundation. The first set of beneficiaries have received the…

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