KRA Exempts Landlords Earning Below KSh24,000 Monthly From Rental Tax
The Kenya Revenue Authority (KRA) has clarified that landlords collecting less than KSh24,000 per month from residential properties are exempt from Monthly Rental Income (MRI) tax under its 2026/2027 rental…
NCBA Suspends Share Trading for Two Weeks After KSh110 Billion Nedbank Deal
NCBA Group has announced a temporary suspension of its shares on the Nairobi Securities Exchange (NSE) following the completion of South African lender Nedbank Group’s acquisition of a controlling stake…
6 Oil Tankers Set to Arrive in Mombasa as Kenya Boosts Fuel Supply
Kenya is expecting six oil tankers at the Port of Mombasa over the coming two weeks as the country monitors fuel shipments amid rising prices and concerns over international supply…
Why the UK Government Is Investing KSh1.94 Billion in Quickmart
The United Kingdom government has committed KSh1.94 billion to Quickmart’s planned initial public offering (IPO), making it a major investor as the Kenyan supermarket chain prepares to join the Nairobi…
Kenyan CEOs Warn of Job Cuts as Businesses Struggle With Rising Costs
A growing number of Kenyan businesses are considering reducing their workforce as high operating costs and weak consumer demand continue to put pressure on companies across several sectors. A September…
More Young People Seek Rehab as Ketamine Use Sparks Health Concerns
The number of young people seeking treatment for ketamine-related problems has risen sharply in Wales, prompting renewed concern among health experts about the effects of prolonged drug use on teenagers…
US Raises Kenya Travel Advisory to Level 3 as Ebola Cases Reach Eight
The United States has raised its travel advisory for Kenya from Level 2 to Level 3, urging American citizens to reconsider travelling to the country amid concerns over the Ebola…
KRA Issues Fresh Directive to Government Suppliers Over Invoice Validation
The Kenya Revenue Authority (KRA) has issued fresh guidance to businesses supplying goods and services to government entities, clarifying that both eTIMS and TIMS tax invoices are accepted under the…
World Bank Urges African Countries to Invest in Local AI Tools to Boost Economic Growth
The World Bank is urging developing countries to invest in affordable artificial intelligence (AI) tools designed to address local challenges, saying the technology could create jobs, improve public services and…
KRA Issues Fresh Directive to Government Suppliers Over Invoice Validation
The Kenya Revenue Authority (KRA) has issued fresh guidance to businesses supplying goods and services to government entities, clarifying that both eTIMS and TIMS tax invoices are accepted under the…