April 18, 2025
Nairobi, Kenya

Business

Business

KRA overburdens Kenyans with more taxes while enabling foreign firms like Tecno evade over 400 billion in taxes

The Kenya Revenue Authority (KRA) has been under heavy scrutiny for its treatment of taxpayers. While Kenyan businesses struggle under the weight of aggressive tax collection, foreign companies, particularly Chinese ones like Tecno, appear to evade taxes with little consequence. This double standard raises serious concerns about the fairness and transparency of Kenya’s tax system.

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Business

Revealed: how KCB sells customer data to loan apps without consent

Kenya Commercial Bank (KCB) is one of the largest banks in Kenya, serving millions of customers with various financial services. Recently, a TikTok user named Dr. Pangolin posted a video expressing serious concerns about KCB’s handling of customer accounts. In the video, he claims that KCB allows third parties to access customers’ accounts without proper

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Business

Cost of living set to rise as KRA imposes steep taxes on imports and services

The Kenya Revenue Authority (KRA) has implemented new excise duties as per the Tax Laws (Amendment) Act, 2024, effective December 27, 2024. These changes introduce taxes on various goods and services, impacting both consumers and businesses. A 15% excise duty now applies to online advertisements and services related to alcoholic beverages, betting, gaming, lotteries, and

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Business News

Gov’t Releases Ksh.1.75 Billion To Kenya’s Medical Practitioners

The Ministry of Health (MoH) has acknowledged the transfer of Ksh.1.75 billion to cover doctors’ and medical interns’ wages and allowances earned since 2016. According to Public Health Principal Secretary Mary Muthoni, the government has begun paying doctors’ salary arrears, which have amassed to Ksh.3.5 billion since 2016. Speaking in Gichugu, Kirinyaga County, on Saturday,

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Business Politics

“You Will Receive Greater Loans” President William Ruto Tells Hustle Fund Defaulters

President William Ruto stated that four million Kenyans who have not repaid Hustler Funds loans have the opportunity to triple their limit if they clear outstanding balances. Speaking at a Town Hall meeting at Nairobi’s Kenyatta International Convention Centre, Ruto stated that the four million borrowers owe money or have not paid on time. “If

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Business Politics

Flashy Politics, Empty Results As Governor Johnson Sakaja’s Mismanagement Costs Nairobi Residents Dearly

The Controller of Budget (CoB), Margaret Nyakang’o, has exposed the dismal financial management in Nairobi County under Governor Johnson Sakaja, a revelation that paints a grim picture of leadership incompetence and misplaced priorities. In her latest report, covering July to October, Nyakang’o highlighted Nairobi as one of the ten counties that failed to allocate or

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Business Politics

Whistleblower Exposes Kisii Women Rep Dorice Donya’s Abuse Of Power To Silence Critics Over 19.7 Million NGAAF Graft

Kisii Woman Representative Dorice Donya has found herself at the center of a scandal after whistleblower Justin Siocha revealed his harrowing experience of abduction and intimidation following his exposure of alleged embezzlement of Ksh 19.7 million in National Government Affirmative Action Fund (NGAAF) projects. Siocha’s account paints a damning picture of the lengths to which

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Business Politics

Corruption Cover-Up? DCI Targets Journalist Cyprine Oenga Following Reports Of Kisii Women Rep Donya’s Misuse of Public Funds

Kisii journalist Cyprine Oenga, known for her “CyprineTV” brand, has reportedly been summoned by the Directorate of Criminal Investigations (DCI) over allegations of “cyberbullying.” This development follows her bold reporting on the embezzlement of Ksh 19.7 million from the National Government Affirmative Action Fund (NGAAF) by Kisii Woman Representative Dorice Donya. Her reports have shed

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Business Politics

From Opulence To Scandal: How Gachagua And Dorcas Mismanaged Public Funds For Personal Luxury

Former Deputy President Rigathi Gachagua and his spouse, Dorcas Gachagua, face mounting reports of financial impropriety, triggering calls for accountability. Recent parliamentary inquiries have exposed questionable expenditure on property renovations and funds allocated to the Office of the Spouse to the Deputy President. The refurbishment of key offices linked to Gachagua’s tenure has sparked controversy.

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