Money

 The Kenya Revenue Authority (KRA) is set to integrate its systems with banks should the…
The post How KRA will access data of bank accounts through Finance Bill 2025 proposal appeared first on AfrinewsKE. Read More

 US President Donald Trump’s government has proposed a bill that will see Kenyans living in…
The post Trump to impose tax on diaspora remittances from the US appeared first on AfrinewsKE. Read More

 Kenya is home to over 125 billionaires, according to a report by Knight Frank. The country’s wealthiest individuals have invested in various sectors, including manufacturing, the financial sector, hospitality, and real estate, among others. Below is the list of some of the wealthiest men in Kenya. Bhimji Depar Shah The founder of Bidco Industries is
The multi-billion businesses controlled by top 10 richest men in Kenya first appeared on Bizna Kenya Read More

 President William Ruto’s growing ties with China have ruffled feathers in Washington, with US senators openly questioning whether Kenya remains a trusted ally of the United States. The concerns were raised  during a U.S. Senate Foreign Relations Committee hearing held on Tuesday, May 13, titled “East Africa & The Horn: At A Turning Point Or
Video: US Senators angered by Ruto’s dalliance with China first appeared on Bizna Kenya Read More

 The Finance Bill 2025 is here, and unlike its predecessor that sparked nationwide Gen Z-led protests in 2024, this year’s version takes a softer approach. The 2024 bill was widely rejected for targeting individuals with tax hikes on basic goods and proposing a controversial motor vehicle tax, triggering mass demonstrations that led to its withdrawal.
Finance Bill 2025: The bitter and sweet spots of proposed bill first appeared on Bizna Kenya Read More

 Rights issues are an invitation to a company’s existing shareholders to buy additional new shares in the company. This is done in a fixed proportion to their existing shares. The shares issued in a rights issue are priced below the current market price to make them attractive to shareholders. For example, if XYZ Company held a rights issue with a one for
Understanding rights issue before you invest your money first appeared on Bizna Kenya Read More

 The International Finance Corporation (IFC) has awarded Workable, a premium, Kenyan co-working space, the EDGE global certification, which recognizes environmentally … ContinuedThe post Workable Bags IFC’s Global Eco-Friendly Certification appeared first on Soko Directory. Read More

 There’s a storm that doesn’t announce its arrival. It doesn’t come with thunder or flash floods. It creeps in quietly, … ContinuedThe post The Middle Hurts, But the Middle Holds: A Letter Of Encouragement To The Kenyan Aged 35–45 appeared first on Soko Directory. Read More

 The Capital Markets Authority has given financially-troubled media house, Standard Media Group, the green light to hold a rights issue. In the upcoming rights issue, the Standard Media will be looking to raise Sh1.5 billion from shareholders. “The [Capital Markets Authority] has reviewed the documentation and information memorandum submitted in support of the application for
Standard Media to ask for Sh1.5bn from shareholders in rights issue first appeared on Bizna Kenya Read More

 When Harrison Mwaura won a jaw-dropping Sh 224,000 from a single bet, he thought he’d hit the jackpot, literally. But by sunrise, all the money was gone. All he had left was regret, confusion, and a chicken he had bought for Sh1,000. Today, Harrison is an addiction counselor and he shared his gripping story on
“I won Sh 224k bet but in the morning I had nothing,” says Harrison Mwaura first appeared on Bizna Kenya Read More