Over 1m sign up for KRA iTax

At least one million taxpayers have signed up for the Kenya Revenue Authority (KRA) electronic tax payment system iTax, officials said on Wednesday. The portal, which was launched in July 2013 to enhance tax compliance levels, has a total of…
New NHIF rates take effect

The National Hospital Insurance Fund (NHIF) has gazetted new premium rates that will see formal sectors workers in Kenya paying higher contributions with effect from April 1. According to a legal notice dated February 6, and which was signed by…
Keroche eyes NSE listing

Keroche Breweries Ltd., a privately owned beer-maker, is planning to list on the Nairobi Securities Exchange (NSE) in next five years after increasing its production capacity by more than 10 times. The company on March 31 opened a new plant…
Chris Kirubi sets ambitious goal

Christopher J. Kirubi, 72, is without doubt one of the richest Kenyans – with a net worth of at least Sh25 billion. The flamboyant businessman with interests in FMCG, real estate, investments and media says he is working extremely hard…
Who should buy the latest Porsche Cayenne?

If you have been casting envious eyes on those Porsche Cayenne being driven along the Uhuru Highway in Nairobi, you may be wondering if you could fit such machines into your budget. Firstly, a carefully spec’d Cayenne starts at Sh7…
Nairobi plans to hike business permit fees by 300pc

Small traders in Nairobi will dig deeper into their pockets to remain in business after the county government announced plans to raise single business permit fee by up to 300 per cent. Informal traders such as newspaper vendors, shoe shiners…