Express Kenya Profits on Sale of Assets
On the back of losses, Express has this year been restructuring its business model from logistics to “hiring out its trucks and workshop.”
KES 700 Million Worth of Stench
When people speak of Nakuru, they visualize pink flamingos, fresh air and a beautiful sunrise on the horizon. A closer look would reveal that everything is not as it seems. If you walked past the Nakuru-Eldma highway, you would be greeted by an odour so putrid that the…
Tax Matters II
*People who complain about taxes can be classified into two, Men and Women (Anonymous) Following last week you may need to know the various types/categories of tax that are payable in Kenya. The Kenyan tax system features corporate and personal income tax, value…
Two Deductible Cents on the VAT Bill
I understand the Kenya Revenue Authority’s situation: they constantly need to collect more revenue. How that revenue is utilized is not within their mandate. The thorn in the new VAT Bill is the removal from exemption of items such as medicines, sanitary towels, baby formula, napkins,…
COMESA Discuss Cheaper Visas in Region
Kenyans travelling into Common Market for East and Southern Africa (COMESA) countries may soon pay less for tourist taxes incured in member states. According to COMESA Business Council Secretary General, Trust Chikohora, the oragnisation is working on regional policies that will allow tax levies for packages…
Bank of India Service Disruption
Bank of India in Kenya has given a notice to its clients that there will be disruption of services, mainly ATM services attributed to change of operating Software. The bank disclosed this in a public notice today. The notice read in part; “Our ATM services will remain…
Closing Bell – 17 August 2012
A summary of share trading activity at the NSE today
KES382 Million for More Fish
Fishermen operating within Lake Victoria’s basin are set to benefit from a KES 382 million deal between Kenya, Israel and Germany. According to a report by Panorama, Kenya will work with the two countries to increase fish production in the the region. Speaking during…
NationHela Tariffs
Below is NationHela, the latest international and local money transfer platform, tariff guide.
GOtv gives Birthday Discount
GOtv celebrates its first anniversary by reducing its monthly subscription and installation rates. A GOtv decorder now costs KES 4,899, down from KES 5,500, reflecting a KES 601 price reduction while the monthly subscription fee has also been reduced to KES 599 per month, down from KES 720 per month,…
No More Unregistered SMS Dating Schemes
The Communication Commission of Kenya (CCK) is coming to rescue mobile phone subscribers from being ripped off by unregistered SMS schemes. It has put unauthorized online gaming and unsolicited Short Message Service (SMS) on notice. This comes after the communication regulator’s attention was attracted by an increased number…
How NationHela Works
On Wednesday Nation Launched the NationaHela card, a new international money transfer card. But how does it work? After you buy the card, you will have to activate it by dialing *348# on your phone after which you should follow through the…
Sarova Unveils Real-time Feedback System
Tired of trying to call the manager whenever a waiter does you a disservice? Sarova unveils the new system for immediate feedback on service.
Why you shouldn't hire your watchman to fix your electric faults
We can moan and shout about the whole Kenya Power inefficiency issue. It still remains that the one thing you should never do is let your watchman fix your power meter.
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