Hard truths.
The SEP tax, introduced in December 2024 through the Tax Laws (Amendment) Act, charges foreign firms three percent of their gross turnover from digital services in Kenya.
Data from the Communications Authority of Kenya (CA) shows the pay-TV provider had only 188,824 active users by June 30, 2025, a steep fall from 1.19 million in the same period last year.
Exemptions cover goods brought in by privileged persons and institutions, as outlined in the Fifth Schedule of the East African Community Customs Management Act (EACCMA) 2004.
The Auditor-General’s report covering the year to June 2024 shows that 76 water service providers produced 440.39 billion litres of water but billed customers for only 235.98 billion litres.
Figures from the Business Registration Service (BRS) reveal that 2,260 companies applied to cease operations, both voluntary and forced, marking a 24.3 percent increase from the 1,817 that closed in the previou...
The takeover gives Canal+ a dominant foothold in Africa's fast-growing pay-TV market, where MultiChoice operates across 50 countries.
The ‘A’ grade is part of Global Finance’s annual assessment of central bank governors worldwide.
The budget airline, which is fully owned by Kenya Airways, says the new aircraft will allow it to expand flight frequencies on key routes, especially Nairobi–Eldoret and Nairobi–Kisumu, where passenger traffic...
DTB Burundi was set up in 2008 as a greenfield operation with Unik Investment holding a 16.33 per cent stake, alongside Abu Dhabi’s Al Bateen Investment Company LLC and the World Bank’s International Finance Co...
Macharia, who insists he controls Directline through Royal Credit Limited, quickly unveiled a new leadership team, naming Wilson Wambugu Maina as acting chief executive, Stella Kinoti as chief finance officer,...
CBK pointed out that the BS-SOC will act as a central hub for managing cyber threats targeting Kenya’s financial institutions, which continue to face increasing cyber risk from sophisticated threat actors.
Beyond household finances, Muriithi linked borrowing patterns and trust to the wider political and governance environment. According to him, public trust has been weakened by politics dominated by insults and p...