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Kenya Revenue Authority (KRA) increased the Fringe Benefit Taxt (FBT) for the second quarter of 2024 up to 16% of the benefits and interest accrued to workers.

The employees are also entitled to allowances as per the SRC circular. The salary of job group J in Kenya ranges between Ksh. 55,242 and Ksh. 59,442, depending on the region. Like employees in other ...

Listed banks accounted for nearly half of all dividends paid out by Nairobi Securities Exchange (NSE) firms, an analysis of data from the bourse shows. The lenders’ latest dividend per share covering ...

The Kenyan government can more effectively foster revenue collection through proper governance and an improved business environment.

Kenya's president, William Ruto, has earned more legal space to borrow for his grandiose economic plan after parliament raised the country's public ...

One in two police and prison officers, and one out of every five civil servants were left with less than a third of their salaries to take home last year, as those seeking psycho-social support ...

Analysis - Shortly after Kenya's 2022 elections, the shilling depreciated rapidly against the US dollar - the country's main currency for international transactions - fuelling a wave of political ...

Kenya operates a floating exchange rate regime. This means that the value of the shilling is determined by market demand and supply.

An article by Ahmed Wahdan, the Marketing Lead at Ezra, a leading micro-lending fintech company. Providing the power to pay at the ...

In an effort to curb pilferage of revenues, Governor Gladys Wanga has told boda boda operators to pay revenues through their registered groups or Saccos.

Equity Bank was the second tier-one bank to record a profit decline in an industry that continues to defy the economic challenges to pay record dividends ... the shilling. Kenya is highly ...

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