Jimmy Mbogoh
58 Articles
‘No tax relief yet,’ David Ndii hints at tougher times ahead for Kenyans
Ndii noted that as long as Kenya is still in the International Monetary Fund (IMF) programme, cutting taxes will remain a pipe dream.He however pointed out that the government is working on implementing key reforms aimed at spreading the tax burden, which he says curr...
Gov’t seeks to raise Ksh.170B with revival of Finance Bill 2024 provisions
Albert Mwenda, Director General of Budget, Fiscal, and Economic Affairs at the Treasury, noted that the government aims to raise Khs.170 billion these reintroduced measures.Mwenda noted that while this amount won’t fully cover the revenue lost when the Bill was shelved, it will help reduce the fisca...
Safaricom mulls issuance of green bond
As the sustainability conversation takes center stage for business operations in the country, corporations are being forced to diversify their sources of capital to fund impact-related projects.According to Safaricom’s Director of Sustainable Business and Social Impact, Karen Basiye, the market is r...
Gov't pledges reforms to boost business climate in Kenya
Private sector players want the government to streamline the taxation policy for a predictable environment. They also called for the streamlining of business levies to reduce duplication.
KICC CEO vows to hit Ksh.1 billion in profits in the next three years
In the recent past, the once glorious landmark KICC seemingly lost its glory, turning into a loss-making enterprise.This necessitated a Ksh.1.9 billion capital injection to renovate the facility. This investment was done over the last two years.
KQ suffers Ksh.80M loss in strike-related disruptions at JKIA
According to the airline’s CEO, Allan Kilavuka, the one-day strike resulted in an estimated KES 80 million in revenue loss and additional operational costs.