by Melissa Oduor | Feb 20, 2020 | BUSINESS NEWS
Insurance and Investment Company ICEA LION Group has launched an online platform that allows customers to purchase private motor insurance on the portal and get a digital motor certificate emailed to their inbox. According to ICEA LION General Insurance CEO Steven...
by Melissa Oduor | Feb 20, 2020 | BUSINESS NEWS
Matatu-hailing app SWVL is facing possible closure following allegations that it is yet to comply with transport regulations. According to the National Transport and Safety Authority (NTSA), the shuttle-hailing app has not obtained a licences from Nairobi...
by Melissa Oduor | Feb 20, 2020 | BUSINESS NEWS
What is turnover tax and how is it different from Presumptive Tax? Answer: Turnover Tax (ToT) is a monthly tax levied on business enterprises with an annual turnover of less than Ksh.5 million. ToT is charged at a rate of three per cent of the monthly gross sales....
by Melissa Oduor | Feb 19, 2020 | BUSINESS NEWS
Global Compact Network Kenya has launched Target Gender Equality, a new initiative to mobilize and support companies in setting and meeting ambitious corporate targets for women’s representation and leadership in business. Open to all participating companies of the...
by Melissa Oduor | Feb 19, 2020 | BUSINESS NEWS
Absa Bank Kenya PLC has today marked the official launch of the Absa ticker at the Nairobi Securities Exchange, marking the successful conclusion of the brand transition programme. The change of name follows a 2018 decision by the parent company, Absa Group Limited,...
by Melissa Oduor | Feb 18, 2020 | BUSINESS NEWS
Ahead of the release of its 2019 full year financial results in mid-March 2020, Cooperative Bank of Kenya has been given an Overweight Rating by Securities Africa Kenya Limited. In its 2020 research note on Kenya main banks valuation, Securities Africa Kenya limited...
