The Central Bank of Kenya has maintained interest rates at 13% to reinforce recent economic gains. CBK governor Kamau Thugge says that prior hikes have stabilised inflation and the exchange rate.
“By introducing the 6% Significant Economic Presence Tax, the effective rate for a non-resident in the digital market space will be 22% on gross turnover without taking into consideration the operating costs,” George Abasy, Bolt’s public…
Kenya's 10 kilometres road race record holder Rhonex Kipruto has been banned for six years for doping and his world mark cancelled, the Athletics Integrity Unit (AIU) announced on Wednesday.
Kenya's 10 kilometres road race record holder Rhonex Kipruto has been banned for six years for doping and his world mark cancelled, the Athletics Integrity Unit (AIU) announced on Wednesday.Kipruto was banned until May 10, 2029 after the…
In a nation where land is not only a precious resource but also a cultural heritage, sustainable land management and conservation are pivotal for preserving Kenya’s natural wealth for generations to come. At the forefront of these efforts…
Kenya joined the Seoul-based International Vaccine Institute (IVI) as an official member. Kenyan President William Ruto, who, along with several other African leaders, is attending the inaugural South Korea-Africa Summit, highlighted the…
This comes as the corporation readies a turnaround plan that will see it lay off over 500 workers as it rejigs its workforce to invest in new areas like e-commerce and cargo clearance.
Stanbic Bank and Mobikey Kenya, a leading player in the zero-mileage vehicle distribution industry and a member of Grupo Jap have signed a Memorandum of Understanding (MOU) set to transform vehicle financing in Kenya. This landmark…