mobile-money

Court orders Sh62m seized from Ukur Yatani kin preserved May 6, 2024
The High Court has ordered the preservation of more than Sh62 million seized in cash from a...
Business deals steady after slowdown, CEOs jittery about floods May 6, 2024
Heavy rainfall and floods are expected to slow down private sector activity.
Kuscco board fired after audit reveals Sh6bn illegal withdrawals May 6, 2024
Audit reveals Kuscco officials oversaw “out of character” cash withdrawals totalling Sh5.5...
UN Avenue in Runda closed due to high water levels May 6, 2024
The sections affected are between off Ruaka Road roundabout and Magnolia close (The Lord Erroll...
Banks face fresh hit from parastatals’ idle cash ban May 6, 2024
Kenya’s parastatals have been banned from holding idle cash in bank accounts.
Borrowing cut to help central bank lower interest rates May 6, 2024
The National Treasury is cutting its expected net borrowing for the current fiscal year by...
President Ruto makes U-turn on ending Uhuru Kenyatta's Sh376bn rural roads programme May 6, 2024
The government has made a U-turn on plans to abandon the Sh376 billion road programme started...
Government seeks MPs' nod on Sh10.6bn to combat floods May 6, 2024
The government wants the National Assembly to approve Sh10.6 billion to cater for emergency...
Common Reporting Standard regulations’ impact on taxpayers May 6, 2024
Governments worldwide have been implementing regulations to combat tax evasion and promote tax...
Half of businesses snub transactions on KRA’s eTIMS platform May 6, 2024
More than half of businesses on KRA’s eTIMS are not transacting on the platform.