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Banking: Why You Need A Bank Account

What is Banking? Banking can be defined as the business activity that involves accepting, safekeeping and management of money by individuals or registered institutions, and then lending (selling the money as credit) to earn a profit from it. The history of banking…
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The VAT Bill 2012 Broken Down

The VAT Bill 2012 has been a large topic of discussion. We take a look at taxes and exactly what the VAT bill 2012 entails.
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8 Things You Should Know This Morning

1. Solar Water Heating, What You Should Know It is a requirement that households or premises with Hot Water usage exceeding a capacity of 100 Litre’s per day MUST install solar water heating systems. What does this entail exactly? 2.
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Solar Water Heating;What You Should Know

It is a requirement that households or premises with Hot Water usage exceeding a capacity of 100 Litre’s per day MUST install solar water heating systems. What does this entail exactly?
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Largest Private Kenyan Bank Gets New CEO

Before joining CBA, New CEO Mr. Ngunze previously held several management positions at Standard Chartered Bank
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47 Temporary Job Posts on Offer From IEBC

The Independent Electoral Commission (IEBC) has put on offer 47 competitive positions for County Returning Officers (CROs). The CROs will be on short-term employment contract for the actual days worked but for a period not more than 60 days. For each day worked, they’ll take home KES 3,000 with no…
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Extra KES 3 For Brookside Milk Farmers

Brookside has announced that it will pay its farmers KES 3 more for each kilogramme of milk delivered with effect from last Saturday 1st September 2012. According to John Gethi, Brookside General Manager, the increase in raw milk price is meant to cushion the farmers from…
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8 Things You Should Know This Morning

1. Top Kenya Airways executives’ pay goes up by 24 per cent KQ’s top managers, its CEO and Chief Financial Officer, will see an increase in their salaries, to a combined KES 6.83M from KES 5.5M. The increase comes in a year when…
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Kakuzi Earnings Drop on Subsidiary Sale

Exemption of the income from Siret Tea Company Limited was evident in a 66 percent drop in profit from discontinuing operations to 32.1 million shillings from 95.3 million last year
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Tax Break for Disabled Persons

Back in 2010, the Minister for Finance (and DPM) published The Persons With Disabilities (Income Tax Deductions and Exemptions) Order, 2010 whose aim is to exempt a part of the income earned by persons with disabilities from taxation. The first 150,000/= of ones income per month is exempt from tax but…
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