Finance

Finance Bill 2023- The Benefits 2 min read

• Finance
• Search

Finance Bill 2023- The Benefits

SK 2 years ago

In this blog, we will delve into the Finance Bill 2023 and explore its numerous benefits for individuals and businesses alike. The Finance Bill 2023... Read More

Uhuru Administration Leaves Behind Billions In Pending Bills 1 min read

• Finance
• News
• Search

Uhuru Administration Leaves Behind Billions In Pending Bills

SK 3 years ago

According to current National Treasury figures, the outgoing Jubilee government administration is expected to leave behind Ksh. 504.7 billion in outstanding national government obligations. The... Read More

Government Suspends The Ksh.100 Maize Flour Subsidy 1 min read

• Business
• Finance
• News
• Search

Government Suspends The Ksh.100 Maize Flour Subsidy

SK 3 years ago

After the government discontinued the subsidy program, which saw a 2kg packet of maize flour sell for Ksh. 100, Kenyans would now have to pay... Read More

CBK Confirms Daraja Microfinance Bank, A Kenyan Bank, Sold To A US Firm 2 min read

• Finance
• Government
• Search

CBK Confirms Daraja Microfinance Bank, A Kenyan Bank, Sold To A US Firm

SK 3 years ago

The purchase of 66.06 percent of Daraja Microfinance Bank Limited (Daraja MFB) by UMBA Inc. (UMBA) with effect from July 1, 2022, has been announced... Read More

John Ngumi Appointed Safaricom Board Chairman 2 min read

• Finance
• News
• Search

John Ngumi Appointed Safaricom Board Chairman

SK 3 years ago

John Ngumi, a pioneer in Kenya’s banking industry, will take over as chairman of the board of Safaricom on August 1 in place of outgoing... Read More

Collective Investment Funds Increases To Ksh.140.7 Billion 2 min read

• Finance
• News
• Search

Collective Investment Funds Increases To Ksh.140.7 Billion

SK 3 years ago

The value of assets owned by Kenyans in mutual funds or collective investment schemes (CISs) has increased to Ksh 140.7 billion. According to fresh information... Read More

SRC; Here Is How Much The President, The Deputy, Cabinet Secretaries And Police Bosses Earn 1 min read

• Finance
• Government
• News
• Search

SRC; Here Is How Much The President, The Deputy, Cabinet Secretaries And Police Bosses Earn

SK 3 years ago

The President, Deputy President, Cabinet Secretaries, Attorney General, and Principal Secretaries, among others, are among the State Officers under the Executive branch of government who... Read More

KCB Bank Raises Interest Rates On Savings 1 min read

• Finance
• News
• Search

KCB Bank Raises Interest Rates On Savings

SK 3 years ago

To encourage clients to hold long-term deposits, KCB Group has increased the interest rates on its savings accounts. The bank claims to have increased the... Read More

Multi-million Vehicles And Motorbikes Goes Missing And Four Ministries Are To Blame 2 min read

• Finance
• Government
• News
• Search

Multi-million Vehicles And Motorbikes Goes Missing And Four Ministries Are To Blame

SK 3 years ago

Concerns have been raised about the loss of luxury vehicles and other transportation equipment under dubious circumstances by four ministries. In light of recent audit... Read More

Shilling Falls To Ksh.118, A Historically Low Mark 2 min read

• Finance
• News
• Search

Shilling Falls To Ksh.118, A Historically Low Mark

SK 3 years ago

As the local currency continues to lose ground against the US dollar during the second half of the year, the Kenya Shilling has fallen to... Read More