Kenya
Kenya: KRA wins Sh621 million tax fight with Coop Bank
Kenya Revenue Authority (KRA) has won an Sh621 million tax battle against the Co-operative Bank of Kenya arising from financial transactions between 2013 ...
Kenya
Kenya: KRA starts crackdown on hidden employee perks
The Kenya Revenue Authority (KRA) has started a crackdown on firms under-declaring their payrolls in what will see thousands of employees pay taxes ...
Kenya
Kenya: Zeraki, a Kenyan edtech providing digital solutions for school admin, raises $1.8M
Zeraki, a Kenyan edtech that has built digital learning and school data analytics platforms, has raised $1.8 million seed funding in a round ...
Kenya
Kenya: Ecobank on the spot over Sh4bn fraud suit
Ecobank is on the spot over a Sh4 billion fraud case involving an online payment company that had been linked to an international ...
Kenya
Kenyan Supply Chain and Logistics Startup Leta Secures $3M
Kenyan supply chain and logistics startup Leta has secured a $3M pre-seed equity round led by 4Di Capital, Chandaria Capital, Chui Ventures, PANI, ...
Kenya
Kenya: Tax refund claims hit Sh109bn
Kenya Revenue Authority (KRA) says outstanding tax refunds have hit Sh109 billion, hitting businesses’ cash flow. Tax refund claims rose by Sh3.2 billion ...
Kenya
Kenya: CBK Brings Back Charges On Transfers Between Banks And Mobile-Money Accounts
The charges are set to be restored from January 1, 2023 and follows discussions and lobbying between the CBK, banks and payment service ...
Kenya
Kenya: CBK reinstates bank M-Pesa fees in a big win for lenders
The Central Bank of Kenya (CBK) has announced the reinstatement of charges on transfers of money between bank accounts and mobile money wallets ...
Kenya
Kenya: Equity’s takeover of Spire the best way out, says CBK
Equity Bank plan to buy struggling Spire Bank is the best deal available in the market, the Central Bank of Kenya told Parliament. ...
Kenya
kenya: Collapsed US crypto firm FTX put billions in 3 Kenyan firms
Crypto exchange FTX and its sister company Alameda Research, which have filed for bankruptcy in a United States court, invested billions in at ...