Business Archives - Page 8 of 114

KRA Recovers KSh549 Million in Illicit Wealth Following Lifestyle Audits

The Kenya Revenue Authority (KRA) has recovered Kes.549 million in illicit wealth during the 2023-24 financial year following lifestyle audits on its employees. A

December 17, 2024

Business·News

KRA LATEST TAXES ON NEW FUEL PRICES 2022

EPRA Announces Second Consecutive Fuel Price Reduction

The Energy Petroleum Regulatory Authority (EPRA) has announced a reduction in fuel prices for December, marking the second consecutive drop in petroleum costs. In

December 16, 2024

Business·News

Petition Seeks to Overturn 8-Year Age Limit for Imported Cars

A recent directive by the Kenya Bureau of Standards (KEBS), which limits the age of imported vehicles, has been challenged in court. The regulation,

December 13, 2024

Business·News

Nairobi Lands Ksh43 Billion Funding for BRT Transport System

A landmark financing deal has secured Nairobi’s future in sustainable urban transportation. The city has clinched a €320 million (approximately Sh43.4 billion) package to

December 12, 2024

Business·News

How to choose a rental company in Dubai

Traveling is difficult to manage, especially in a place like Dubai. You have to control your travel plan ahead of time to prevent excessive

December 12, 2024

Business

Economic Hurdles Push World Bank to Revise Kenya’s 2024 Growth Projection

The World Bank has lowered Kenya’s 2024 economic growth forecast to 4.7%, down from the earlier projection of 5.0%, citing the impact of floods,

December 11, 2024

Business·News·TL

Geopoll Survey Shows 71% of Youth in Kenya Have Side Hustles Amid Job Struggles

A new Geopoll survey on Kenya’s youth perceptions of employment and entrepreneurship has revealed that 71% of respondents are actively involved in entrepreneurial activities

December 11, 2024

Business·News

International payments: top 3 solutions for dollar transactions from Kenya

Virtual cards are a gateway to global markets, simplifying cross-border transactions. Operating entirely online without a physical card, they enable seamless purchases and payments

December 11, 2024

Business·Money

Performance Advertising Explained

In the ever-evolving landscape of digital business promotion, there is a strategic approach that focuses on delivering targeted messages to specific audiences in order

December 11, 2024

Business

KRA Hits Ksh1 Trillion Revenue Collection Milestone Over 5 Months

The Kenya Revenue Authority (KRA) has achieved a significant milestone by surpassing the Ksh1 trillion mark in revenue collection for the first five months

December 10, 2024

Business·News·TL

Hustler Fund Expansion: Ruto Triples Loan Limit, Introduces Credit Scoring

President William Ruto has announced a major increase in the Hustler Fund loan limit, significantly expanding opportunities for Kenyan borrowers. Speaking during the fund’s

December 10, 2024

Business·News·TL

Kenya’s Economic Growth: President Ruto Praises IMF Partnership After Meeting with Nigel Clarke

President William Ruto met with the newly appointed IMF Deputy Managing Director, Nigel Clarke, on Monday, December 9, 2024, at the State House in

December 10, 2024

Business·TL

Ruto Explores IMF and World Bank Programs for Cheaper Loans

President William Ruto has announced that the United States is helping Kenya identify affordable loan sources to support its economic development. Ruto spoke on

December 10, 2024

Business·News·TL

NTSA Cracks Down on KD Plate Misuse and Unregistered Vehicles in Dealerships

The National Transport and Safety Authority (NTSA) has raised concerns about unregistered vehicles in car dealerships and the improper use of Kenya Dealer (KD)

December 10, 2024

Business·News·TL

KBA Urges Banks to Respond Swiftly to CBK’s Rate Cuts and Lower Loan Costs for Consumers

The Kenya Bankers Association (KBA) has confirmed that several banks have started reducing loan interest rates, effective this December. This announcement follows a series

December 9, 2024

Business·News·TL

Kenyans Encouraged to Repay Hustler Fund Loans Amid Rising Defaults

The Cabinet Secretary for Co-operatives and Micro, Small, and Medium Enterprises (MSME) Development, Wycliffe Oparanya, has urged Kenyans to repay their Hustler Fund loans.

December 9, 2024

Business·TL

Kenya’s Salary Breakdown for 2023: Most Workers Earned Kes.50,000 to Kes.99,999

The Kenya National Bureau of Statistics (KNBS) has published a report revealing the monthly income distribution for employed Kenyans. The 2023 Statistical Abstract Report

December 6, 2024

Business·News·TL

Mbadi Confirms Plan to Lower PAYE Tax and Bank Lending Rates

Treasury Cabinet Secretary John Mbadi has revealed plans to review the Pay-As-You-Earn (PAYE) tax, aiming to ease the financial strain on Kenyan workers. Speaking

December 6, 2024

Business·News·TL

Supercharge Your Business Growth with Advanced B2B Marketing Techniques

In the fast-paced world of B2B, where competition is fierce and client expectations are higher than ever, traditional marketing strategies often fall short. To

December 6, 2024

Business

Route Optimization guide: Maximizing delivery efficiency

Efficient delivery logistics can make or break a business. For logistics managers, fleet operators, and delivery business owners, finding ways to streamline routing processes

December 5, 2024

Business

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