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Browsing: Kenya
Kenya’s inflation is expected to remain well anchored within the target range, against the backdrop of COVID-19 shock and its…
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, 80.7 percent of loans and…
British insurance company Prudential plc has submitted a letter of Intent to apply to join the newly established Nairobi International…
Lufthansa Group’s newest leisure airline Eurowings Discover has commenced direct flights to the Kenyan coast, at a time when the country’s…
Kenya’s economic indicators by sector for the first quarter of 2021 point to continued recovery from the adverse impact of…
The media and entertainment have seen a shift in favour of individual influencers who are now competing against established companies for advertising revenues.
This growth of micro-influencers has allowed advertisers to target influencers in their niche markets helping to lower advertising costs and maximize their returns.
The report expects the country to be a key driver of media industry revenues in Africa, on account of high internet and smartphone penetration.
A plan seeking to revive tourism in East Africa has been approved, following the negative impact of the coronavirus pandemic…
The Food and Agriculture Organization of the United Nations (FAO) and the Ministry of Devolution and the Arid and Semi-Arid…
A recent report showcasing how Covid-19 has affected travel with restrictions has shown that Kenya is the recent most banned…