Times News Network
Economy Taxes MPs approved in changes to Finance Bill Monday June 13 2022 Lawmakers at Parliament Buildings. PHOTO | JEFF ANGOTE | NMG President Uhuru Kenyatta is expected to sign the Finance Bill 2022 after lawmakers approved tax measures aimed at raising the Sh3.3 trillion budget. The Treasury, through the Finance Bill, seeks to generate … Read More “Taxes MPs approved in changes to Finance Bill” »
Economy Azimio eyes relief to ease Kenya’s debt headaches Wednesday, June 8, 2022 United One Kenya Coalition Party presidential candidate Raila Odinga along with her deputy Martha Karua. PHOTO PHOTO | NMG Azimio la Umoja One Kenyan coalition party presidential candidate Raila Odinga will face an uneven turn by renegotiating new debt terms with rich … Read More “Azimio eyes relief to ease Kenya’s debt headaches” »
Economy Raila will cut powers to the Treasury with the budget unit in the State House Wednesday, June 8, 2022 Azimio presidential candidate Raila Odinga. PHOTO | EVANS HABIL | NMG Azimio la Umoja presidential candidate Raila Odinga will set up a budget office in the State House if he wins the presidential election on … Read More “Raila will cut powers to the Treasury with the budget unit in the State House” »
Economy Uhuru defends Jubilee’s Sh6.7 trillion debt Thursday, June 2, 2022 President Uhuru Kenyatta. NMG PHOTO During the celebration of Madaraka Day on Wednesday, President Uhuru Kenyatta defended his government loan, which is expected to hit at least $ 6.7 trillion when he leaves office, and said it was necessary to fund infrastructure and accelerate … Read More “Uhuru defends Jubilee’s Sh6.7 trillion debt” »
Economy China’s broadcast nominees are richest at Sh400 million Friday, May 27, 2022 Mary Muthoni Gichohi during her inquiry on 16 May. PHOTO | DIANA NGILA | NMG Kenya’s appointed ambassador to China Mary Muthoni is worth 400 million, making her the richest of the 21 envoys that Parliament approved for appointments last night. Ms … Read More “China’s broadcast nominees are richest at Sh400 million” »
Economy Parastatals fails to pay Sh122bn vendor bills Tuesday, May 24, 2022 Ministry of National Finance and Planning Cabinet, Ukur Yatani. PHOTO | FRANCIS NDERITU | NMG By CONSTANT MUNDAMore by this author Summary The accumulation of unpaid bills increased despite the fact that the Ministry of Finance repeatedly issued circulars to government entities from … Read More “Parastatals fails to pay Sh122bn vendor bills” »
Economy The Uhuru family fails to exclude the company from the 443-hectare Thika farm Friday, May 20, 2022 Mr. Ngengi Muigai. PHOTO | FILE By BRIAN WASUNAMore by this author Summary Court of Appeal judges Roselyn Nambuye, Fatuma Sichale and Sankale Ole Kantai rejected an application by Mr Muigai to prevent Bidii Kenya from occupying … Read More “The Uhuru family fails to exclude the company from the 443-hectare Thika farm” »
Economy Fighting down illegal foreign cars worth DKK 64 million Friday, May 20, 2022 Used cars are unloaded from a cargo ship in the port of Mombasa. PHOTO PHOTO | NMG By OTIATO GUGUYUMore by this author Summary The IRS results show that the value of seized motor vehicles jumped from Sh400,000 the previous quarter … Read More “Fighting down illegal foreign cars worth DKK 64 million” »
Companies Equity invests Sh383m more in DRC unit Tuesday, May 17, 2022 Equity Bank CEO James Mwangi. PHOTO | CYRIL NDEGEYA | NMG By GERALD ANDAEMore by this author Summary Equity Group invested an additional 383 million sh. 383 million in its subsidiary in the Democratic Republic of Congo (DRC) last year, underlining its confidence … Read More “Equity invests Sh383m more in DRC unit” »
Economy Ndii must pay KRA Sh2.8m in the tax bill Monday, May 16, 2022 Dr. David Ndii. PHOTO PHOTO | NMG By SAM KIPLAGATMore by this author Summary The dispute was about whether KRA was wrong not to inform Dr. Ndii in writing that his business has crossed the annual sales mark of 5 million. … Read More “Ndii must pay KRA Sh2.8m in the tax bill” »