By Sundeep Sharma Albert Schweitzer, the well regarded German-French humanitarian polymath who distinguished himself as an accomplished musician, theologian and physician once famously said that, “a man is ethical only …
Editor
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By Cindy Kirui In recent years, Kenya’s gaming industry has become a lightning rod for heated debate. Critics argue that betting platforms exploit vulnerable citizens, fuel addiction, and erode societal …
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BusinessOpinion
Reimagining Kenya as Africa’s capital of regulated betting and gaming
by Editorby EditorBy Jackie Adhyambo Kenya’s potential to become Africa’s replica of Macau or Las Vegas is not far-fetched. With its vibrant culture, strategic location, and huge tourism potential, Kenya is uniquely …
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The National Treasury has approved the University of Nairobi’s plan to construct new student hostels with a total capacity of 4,000 beds under a public-private partnership (PPP) arrangement. According to …
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Business
SBM Bank Kenya’s sh819 million Capital from Parent Firm Amid Rising Losses
by Editorby EditorMauritius-based SBM Holdings has pumped an additional Sh819 million into its Kenyan subsidiary, SBM Bank Kenya, as part of continued efforts to stabilise operations amid mounting financial losses. The fresh …
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Business
Diaspora Remittances Rise Slightly to Sh159.5 Billion in Q1 Amid Slower Growth
by Editorby EditorKenyans living and working abroad sent home $1.23 billion (Sh159.5 billion) during the first three months of this year, reflecting a slower growth rate of 2.2 percent compared to the …
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The Kenya Revenue Authority (KRA) will publish a new valuation template for taxing imported second-hand cars by July 2025. The move follows mounting concerns from dealers over inflated duties and …
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News
Isiolo Airport incomplete after 14 years, requires additional Sh4.8 billion for full operation
by Editorby EditorMore than ten years after construction began, Isiolo International Airport remains unfinished, with Transport Cabinet Secretary Davis Chirchir telling the Senate that an additional Sh4.8 billion is required to bring …
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BusinessNewsWorld
Kenya Unveils eRITS to Boost Rental Tax Compliance and Expand Revenue Base
by Editorby EditorThe National Treasury’s Principal Secretary, Dr. Chris Kiptoo, today launched the Electronic Rental Tax Information System (eRITS), a digital platform designed to enhance rental income tax compliance and expand Kenya’s …