Save prime hotels from ‘vultures’
Two major global hospitality brands, the InterContinental Hotel Group and the Hilton Group, plan to exit their investments in two of the oldest hotels in...
Category : Business
Board accused of laxity in marketing Kenyan tea abroad
The Tea Board of Kenya has been accused of laxity in marketing tea at international markets. Kenya Tea Growers Association (KTGA) chairperson Daniel Kirui has since written to the board’s director Peris Mudida,...
Struggling Britania Foods Limited goes into administration
Britania Foods Limited has officially gone under administration effective August 6, 2021. In a statement on Tuesday, audit firm PKF Consulting Ltd announced that Peter...
Con Game: How Peter Munga Received Sh135M For Britam Shares He Didn’t Own
IN SUMMARY The tycoon inked a secret deal with top officials of Mauritius government giving up the rights to earn dividends on the shares before...
KENYA : Central bank plans closure of Naushad Merali’s former jewel Spire Bank
Spire Bank hasn’t published positive results since it was sold to the Mwalimu National cooperative by its former boss Naushad Merali, the late CEO of...
Salaries Of Kenya’s Top CEOs During COVID-19
The Covid-19 pandemic that crippled the markets and devastated economies for the better part of last year barely touched the perks of Kenya’s top executives. ...
How To File KRA Returns
Annually, the Kenyan government requires her citizens and expatriates to file tax returns before June 30. While the process appears technical and difficult, it’s actually...
CMA Faces Probe In Cytonn Fund’s Scandal
The Capital Markets Authority (CMA) faces a parliamentary probe in the wake of mounting complaints from investor reports of delayed payment of returns from Cytonn...
KRA To Auction 314 Cars Held In Mombasa Over Tax Dues
Kenya Revenue Authority is set to auction some 314 vehicles and 223 containers which are being detained at the port of Mombasa over tax-related disputes....
EABL Increases Alcohol Prices
Your next visit to the pub might leave a bigger hole in your pocket after East African Breweries Ltd (EABL) yesterday increased the recommended retail...