business
Insurance firms swamped by Sh3.1bn floods damage claims
The widespread flooding that hit Kenya in March and April has seen insurance firms struggle to...
Finance Bill: MPs drop ‘punitive’ taxes as Kenyans protest
The Kimani Kuria-led committee announced the proposed changes, noting that they were informed...
Rich parastatals face cash squeeze in Treasury raid
Cash-rich parastatals are set for leaner times after the State moved to raid their coffers.
Kenyans relocate to the US at the fastest rate in 10 years
The drift comes as a result of a shrinking job market in the local economy, which has compelled...
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The Treasury has rescinded plans to raise excise duty on mobile money transfers.
