KRA releases guidelines on withholding tax The Kenya Revenue Authority has released guidelines for the collection of withholding VAT on payments made to government suppliers, which will be charged at 6% of the cost of supplied goods or services. Withholding VAT was reintroduced in the Finance Act 2014 […

Sasini Tea And Coffee Limited Limited (SASN) was the top gainer at the Nairobi Securities Exchange (NSE). It ended the day at KES 12.70, up 9.96% from yesterday’s close of KES 11.55. Sasini’s 3 month share…

Governance and the economy are as intertwined as the double helix of the human DNA. Recently, on 4th November 2014,  the USA  held its mid term elections. A midterm election is a poll where the people elect their representatives in the middle of the term of the executive or of another set of members.

Senator Otieno Kajwang’ passes on Homabay Senator Otieno Kajwang’ died Tuesday night after suffering a cardiac arrest. Orange Democratic Movement (ODM) spokesperson Philip Etale confirmed the death shortly after midnight. […] RVR sues insurance company, seeks KES 68 million compensation Rift Valley Railways (RVR) has sued Cannon…

I&M Holdings Limited (I&M) was among the top gainers at the Nairobi Securities Exchange (NSE). It ended the day at KES 130.00, up 5.69% from Monday’s close of KES 123.00. The group which has banking operations in Kenya…

Kenya is already exporting titanium. Moreover, in the last two years the country has struck commercially viable deposits of oil and coal among other minerals. The need to share the ‘mining cake’ without causing conflict is necessary if Kenya is to enjoy the fruits of its natural resources.

Uganda sugar barons want full access to Kenya market In what could compound local sugar millers’ problems, Uganda barons are demanding full access to the Kenya market — based on the East African Community’s free market rule. “… Sugar from other countries in SADC and Comesa — which are not…

Mumias Sugar Company Limited (MSC) was the top gainer at the Nairobi Securities Exchange (NSE). It ended the day at KES 1.70, up 9.68% from Friday’s close of KES 1.55. Home Afrika also saw its closing price appreciate by 6.02%…

Governance, politics and the economy are intertwined. Onyango Ochieng Jr writes on the political scenario in Kenya. Intolerance is the most lethal weapon in the hands of political demagogues, who incidentally ride on the backs of paranoid Kenyans with insatiable appetite, unfortunately to blame, others for everything wrong with their lives.

President Uhuru Kenyatta to open investment forum Kenya is set to host its first two-day investment conference in Nairobi this week as the State intensifies its efforts to woo foreign investors. About 2,000 potential investors from over 100 countries are expected to attend the event at the Kenyatta International Convention…