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Shilling rallies to 15-month high on lower dollar demand

The shilling has climbed to a 15-month high against the dollar.

Rubis retains Sh4.6bn bonds in fuel subsidy payments from State

Oil marketer Rubis Energy Kenya retained 26.6 million euros (Sh4.6 billion) worth of pending...

MTN Uganda share sale oversubscribed on incentives

The sale of additional shares by South Africa’s MTN Group in its Ugandan subsidiary was...

State makes U-turn, removes Sh100,000 car tax cap

Owners of high-end vehicles will pay upwards of Sh400,000 for the annual motor car tax.

End turf wars over parastatal salaries

Turf wars, overlapping mandates, jurisdictional disputes, and mission creep is the order of the...

Father’s Day: CEOs’ take on fatherhood

For this year’s Father’s Day, BDLife spoke to a few executives about their fathers and their...

State earmarks Sh13.4bn to hire JSS intern teachers

Treasury Cabinet Secretary has proposed a Sh13.4 billion allocation to hire 46,000 JSS interns.

Mobile money users spared higher taxes

The Treasury has rescinded plans to raise excise duty on mobile money transfers.

M-Pesa relief as big car owners hit in Sh347bn new taxes

The Treasury has removed the cap of Sh100,000 on the proposed motor vehicle tax.

How diesel consumers are subsidising petrol

The energy regulator retained cross-subsidy on super petrol, cutting prices of the commodity by...

CEO who wakes up at 3am for cold shower and prayer

Churchill Winstones was once a shoeshiner, then hawker and a cleaner andnow is the Safaricom...

Treasury seeks MPs nod for fresh Sh1bn Kenya Airways bailout

Kenya Airways will get Sh1 billion in financial support from the Treasury for the financial...