Property sector hit with 12.5pc tax
Kenya has more than doubled the tax rate on gains made from the sale of properties and securities trading off the Nairobi Securities Exchange in a bid to generate more…
Kenya has more than doubled the tax rate on gains made from the sale of properties and securities trading off the Nairobi Securities Exchange in a bid to generate more…
Kenyans living in Uganda and Tanzania will only be allowed to change their currency in the country after Bank of Uganda joined Tanzania central bank in banning Kenyan currency conversion.…
Business mogul Wilfred Murungi (pictured) was yesterday buried in a strictly private ceremony attended by only a handful of close relatives.Attendance of the burial of the founder and chairman of Mastermind…
The Uganda-Rwanda border at Gatuna has been re-opened to allow movement of heavy trucks, in what Rwanda says will be a trial its one-stop-border infrastructure. In a statement issued last…
The main suspect in the arson incident at the Malik Heights in which property including 69 vehicles was burnt is expected to surrender to police today. The suspect was captured on…
Frankfurt-based online networking and employment platform with a focus in Africa, afringa has launched its operations in Rwanda. Dubbed to be a ‘LinkedIn for Africa’ the platform has connected more…
It was billed as the saviour of the choking Mombasa port traffic. Eighteen months down the line, with a string of lost business and livelihoods, the standard gauge railway (SGR)…
The Southern African Development Community (SADC)has rejected Burundi’s application to join the bloc, saying Bujumbura did not meet all the requirements. A statement issued last week on Tuesday quoted the…
Kenya’s inflation rate in May dropped to 5.49% from 6.6% in April as the food, and non-alcoholic beverages index fell 0.37%, the Kenya National Bureau of Statistics has reported. The…
The new generation bank notes are now in circulation. During Madaraka Day celebrations on Saturday, CBK governor Patrick Njoroge announced the notes were issued on Friday, May 31 via a…