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Business

CBK Revokes Licence as Bonto Kenya Shuts Down After Just 8 Months

Donald Matiangi -
Bonto was founded in 2023 and got its CBK licence just eight months ago but shut down on August 15 citing unsustainable market conditions.
Business

KRA Unveils USSD and WhatsApp Platforms to Simplify Tax Filing for Kenyans

Donald Matiangi -
George Obell, Acting Commissioner for Micro and Small Taxpayers said the reforms were developed based on taxpayer feedback.
Business

IMF Team Lands in Nairobi to Negotiate New Loan Deal and Successor Programme Talks

Donald Matiangi -
The talks will be to set up a successor arrangement after the premature end of the US$3.6 billion (Ksh465.2 billion) programme in March.
Business

MPs Push NEMA to Implement Nationwide Ban on Asbestos Roofing

Donald Matiangi -
The committee directed NEMA to identify asbestos-roofed buildings in the remaining 28 counties and prepare a national disposal strategy within six months
Business

Petition in Parliament Seeks Ban on Interest and Penalties Beyond Original Loan Amount

Donald Matiangi -
According to the petitioner this lack of clarity erodes public trust in the financial sector and violates constitutional rights under Article 46 which guarantees consumer protection.
Business

Hawkers Set for Legal Protection as Parliament Debates Street Vendors Bill

James Simiti -
The Bill proposes a zoning system that categorizes vending areas into restriction-free zones, restricted zones and no-vending zones.
Business

KRA to Enforce Certificate of Origin Requirement for Imports from October 1

James Simiti -
The directive was issued on September 23 and aligns with Section 44A of the Tax Procedures Act, CAP. 469B which came into effect on July 1.
Business

Youth Fund Rolls Out Business Loans of Up to Ksh5 Million for Young Entrepreneurs – How to Access

James Simiti -
YEDF outlined the step by step process to access these funds to empower youth across the country in various business sectors.
Business

The Most Sought-After Jobs of the Next Decade Revealed

James Simiti -
The latest job projections show a big shift in the workforce, with healthcare and service industries being the top fields
Business

Major Disruption at JKIA as KAA Workers Issue 7-Day Strike Notice

James Simiti -
Workers also say 3 unresolved Collective Bargaining Agreements (CBAs) are a growing source of frustration.
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