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Zanzibar legislators project 7.5% economic growth. President Mwinyi advocates private sector participation. Zanzibar recent talks with Brazil, US expected to bare fruits. Zanzibar has…
KRA reports record KES2.84 trillion (up 10.6%) in tax collections,…
UAE has cemented its spot as the main refining, and…
Kenya has received a coronavirus vaccine donation from the United kingdom, following the meeting between…
Kenya’s inflation is expected to remain well anchored within the target range, against the backdrop…
The tourism industry is unlikely to return to pre-COVID arrival levels until 2023 or later,…
According to the brewer, profit after tax for the period declined 1 per cent to Sh7 billion mainly impacted by cost inflation, tax and foreign exchange impact.
Further, the COVID-19 related tax reliefs in Kenya on corporation tax and VAT ended in December 2020, resulting in higher tax charges for the year as the rates reverted back to pre-COVID levels.
The company said the slower profit growth rate was driven by the impact of cost inflation, adverse foreign exchange and tax charges.
The top 10 banks in 2020 in Kenya accounted for 77.7 percent of industry assets,…
British insurance company Prudential plc has submitted a letter of Intent to apply to join…
