Browse Through all the Games with Zero Bundles Using Triple5bet

Betting firm triple5bet and Safaricom have entered into a partnership that will see Safaricom subscribers place bets online even without bundles.

Cytonn COO appointed Superior Homes CEO

Before his appointment, he was the Chief Operations Officer at Cytonn Investments He holds a Bachelor of Science Graduate...

FAMILY BANK RECORDS KSH852.1 PROFIT BEFORE TAX IN THE FIRST HALF OF 2020

Family Bank has posted a 63.6 per cent increase in its profit before tax for the Group through the first six months...

Safaricom names its former CEO Michael Joseph as Board Chair

By Mourice Seretta Safaricom has appointed its former Chief Executive Officer Michael Joseph as its new Board Chairman...

How Uganda is embracing mobile transactions during the pandemic

By Kelvin Majanga Reports from Uganda shows that mobile money transactions totalled nearly five billion dollars in the last...

PRIVATE PUBLIC PARTNERSHIP TO CUSHION BUSINESSES

The year ended May 2020 has been eventful, albeit the global pandemic, a clear indication of changing times and new realities for...

FAMILY BANK CLIENTELES TO BEFIT FROM 100% VEHICLE CASH DEAL

Family Bank has entered into a partnership with Simba Corporation Limited in a deal that will see customers receive up to 100% financing to...

Tala Launches Ksh 605 Million Rebuild Fund to help Kenyans cope with COVID-19 crisis

Tala today announced the launch of the Ksh 605Million COVID-19 Rebuild Fund to bolster Kenyan businesses and communities. The Fund, which Tala plans to grow...

WOMEN ENTREPRENEURS IN KENYA TO BENEFIT FROM KES10 BILLION KITTY

Absa Bank Kenya PLC has today announced a KES10 billion fund to advance credit to women-owned small and medium enterprises over the next five...

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Meet Africa’s Rising Esports Stars dominating the world of competitive Video gaming

Credits CNN CNN International showcases the fast-growing world of esports, meeting rising stars from Kenya and South Africa who...

Samsung Opens Pre orders for Galaxy S21

Samsung Electronics has launched the Galaxy S Series range of smart phones globally. The range includes the Galaxy S21...

KRA wins Kshs 105.6 million case against Mars Logistics Limited

The High Court sitting in Nairobi has dismissed an appeal by Mars Logistics Limited contesting a charge  of Value Added  Tax (VAT) on transportation services among other claims. Mars Logistics Limited had contested Tax Appeal Tribunal’s (TAT) decision that transportation of goods in transit attracts VAT at the rate of 16%. The TAT had also held that transportation services that end outside Kenya are not exported services and thus taxable. The First Schedule to the VAT Act, 2013 exempts VAT from services offered in relation to goods in transit. In its decision of 27th February 2018, TAT had ruled in favour of KRA, that Mars Logistics Limited’s sole business offered transport services for transit goods that were taxable under the VAT Act. 2013.