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Business

Family Bank Posts 38pc Jump in Profits, Eyes Digital Growth in New Strategy

NAIROBI, Kenya - Family Bank Group has reported a strong financial performance for 2024, with profit after tax surging by 38pc to Ksh.3.4 billion,...

Bolt Passes VAT Costs to Drivers, Sparking Concerns Over Earnings

NAIROBI, Kenya - Bolt drivers in Kenya are bracing for reduced earnings after the ride-hailing platform announced it would pass the 16% value-added tax...

Kenya To Host Connected Africa Summit 2025 in May

NAIROBI, Kenya – Kenya will host the Connected Africa Summit 2025 in May.The high-profile event is expected to shape the continent’s tech-driven future according...

Tax Experts Warn of Negative Economic Impact from VAT Proposal on Financial Services

NAIROBI, Kenya - Tax experts have raised concerns about the potential economic repercussions of introducing Value Added Tax (VAT) on excisable financial services in...

Report: Kenyans Borrowing Sh500M Daily from Digital Lenders

NAIROBI, Kenya – Imagine swiping your phone and within minutes, cash lands in your mobile wallet.That’s the reality for millions of Kenyans who...

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