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BOC Kenya chief Maria Msiska to leave after five years at helm

BOC Kenya chief Maria Msiska to leave after five years at helm Industrial gas producer BOC Kenya’s managing director Maria Msiska is set to leave after a five-and-a-half-year stint at the company. The Nairobi Securities Exchange-listed firm advertised her position Wednesday, signalling its intention to…
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KRA eyes taxpayers’ bank accounts

KRA eyes taxpayers’ bank accounts The Kenya Revenue Authority is set to link its automated taxpayers’ database to bank accounts of ordinary citizens in a move expected to smoke out thousands of tax evaders. The Sh765 million database known as Data Warehouse and Business Intelligence offers a single view…
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Investor losses hit Sh120bn as NSE falls to two-year low

Investor losses hit Sh120bn as NSE falls to two-year low Local investors have been cautious when buying shares of the risk of getting locked into higher buying prices at a time the market is on a downward trend. This means the market has been denied an…
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Levy increase set to push up petroleum prices next month

Levy increase set to push up petroleum prices next month The cost of petroleum is expected to rise sharply beginning mid-August when the energy sector regulator, the ERC, is expected to add Sh6 roads maintenance levy on every litre of petrol sold at the pump. At…
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StanChart asks parent firm to split stock

StanChart asks parent firm to split stock Standard Chartered Kenya has forwarded a share split proposal to its parent company in response to shareholder complaints about the poor liquidity on the counter. StanChart’s stock is currently trading at Sh302 a share, making it the most priced…
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