Stories By Lawrence Njoroge
-1729145378.jpg)
Binance, VAC urge Kenya to ease crypto taxes as digital asset bill gains ground
Jun 12, 2025 at 01:05 PM
Kenya’s progress toward regulating digital assets has received a nod from global cryptocurrency exchange Binance and the Virtual Assets Chamber (VAC), which urged the government ...
10 key lessons for investors from the spectacular downfall of Twiga Foods
Jun 11, 2025 at 12:21 AM
Once hailed as the future of African agritech, Twiga Foods was once upon a time one of Kenya’s most celebrated startups....
HELB seeks to freeze accounts of 316,000 defaulters over Sh35 billion student loans
Jun 10, 2025 at 07:54 PM
The Higher Education Loans Board (HELB) is asking Parliament to grant it powers to freeze bank accounts of over 316,000 former university students who have defaulted on their stude...
US signals readiness for a new trade deal with Kenya as expiriy of AGOA looms
Jun 09, 2025 at 06:58 PM
With the September 30 deadline for the African Growth and Opportunity Act (AGOA) fast approaching, Washington has expressed its readiness to rekindle trade discussions with Kenya, ...
Govt leases Muhoroni, Chemelil sugar mills for 30 years as MPs seek clarity
Jun 09, 2025 at 06:14 AM
The government has leased Muhoroni and Chemelil sugar companies to private players for three decades, signalling a decisive move to revitalise the collapsing sugar industry....
Why X users in Tanzania can no longer access the social media platform
Jun 05, 2025 at 01:03 PM
Tanzania has officially restricted access to the social media platform X, formerly known as Twitter, following allegations that it has repeatedly allowed the circulation of pornogr...
Inchcape named New Holland’s official distributor in Kenya ahead of rollout
Jun 04, 2025 at 11:53 AM
Inchcape Kenya has secured the exclusive distribution rights for New Holland agricultural machinery in Kenya, positioning itself to begin sales and support for the globally recogni...
Dr James Mwangi: Extraordinary journey from village dreamer to global visionary
Jun 03, 2025 at 01:48 PM
Deep inside Kenya’s then Central Province, way before digital banking and financial inclusion became catchwords, a young boy was growing up in the sleepy village of Kangema in Mu...
Adani fights Iran LPG import claims
Jun 03, 2025 at 10:29 AM
Adani Group has rejected claims of wrongdoing following a report that the United States Department of Justice is investigating whether any of its entities played a role in the impo...
KRA new digital system seeks to push rental income tax payment by landlords
May 31, 2025 at 01:22 PM
The Kenya Revenue Authority (KRA) has introduced a new digital platform aimed at simplifying how landlords pay taxes on rental income, as part of efforts to boost compliance and re...
BCLB bans content creators, influencers and celebrities from promoting betting
May 30, 2025 at 04:19 PM
The Betting Control and Licensing Board (BCLB) has banned content creators, influencers and celebrities from endorsing or promoting gambling in latest steps to tackle betting ads.B...
DTB Q1 2025 profit up 9.9 per cent to Sh3.23 billion, proposes Sh7 dividend
May 29, 2025 at 07:55 PM
Diamond Trust Bank (DTB) Kenya recorded a 9.9 per cent increase in net profit to Sh3.23 billion for the quarter ended March 2025, up from Sh2.94 billion in the same period last yea...
Jumia loses strategic investor as Baillie Gifford pulls out amid deepening losses
May 28, 2025 at 07:10 PM
Global investor Baillie Gifford has cut all ties with Jumia Technologies AG, fully offloading its shares in the African e-commerce company and exiting with likely heavy losses....
Why the World Bank slashed Kenya’s 2025 growth forecast to 4.5 per cent
May 28, 2025 at 02:16 PM
Kenya’s economic prospects for 2025 have been dimmed, with the World Bank lowering its growth forecast to 4.5 per cent from an earlier estimate of approximately 5 per cent, marki...
HF Group profit before tax increases by 112 per cent to Sh337 million in Q1 2025
May 28, 2025 at 09:49 AM
HF Group recorded a 112 per cent increase in pre-tax profit to Sh337 million for the first quarter of 2025 compared to Sh159 million in the same period last year....
KRA rolls out AI scanners and developer tools in overhaul of digital tax systems
May 26, 2025 at 10:45 AM
The Kenya Revenue Authority has announced a renewed drive to shield personal taxpayer information as it modernises its operations through a raft of digital reforms, including the d...
-1747986921.jpeg)
Ethiopia launches FaydaPass digital ID wallet with Coopbank as first adopter
May 23, 2025 at 10:57 AM
Ethiopia has launched the FaydaPass digital ID wallet to expand access to financial and digital services across the country....
KCB Group shareholders to get Sh9.6 billion in total dividend payout for 2024
May 22, 2025 at 06:34 PM
KCB Group shareholders will receive a total dividend of Sh9.6 billion for the 2024 financial year, following approval at the company’s annual general meeting in Nairobi on Thursd...
Govt halts SACCO registrations for three months in crackdown on rogue operators
May 22, 2025 at 11:10 AM
The government has imposed a three-month freeze on the registration of new Savings and Credit Cooperatives (SACCOs), a move aimed at cleansing the sector of unregulated and dubious...
-1732625867.jpg)
NCBA receives CMA approval to operate as the third corporate trustee in Kenya
May 21, 2025 at 07:08 PM
NCBA Group Plc has received regulatory approval from the Capital Markets Authority (CMA) to operate as a corporate trustee, joining two other firms in a move aimed at enhancing inv...
-1749664963.jpeg)
