Citibank Kenya has mounted a major legal battle at the High Court in Nairobi in a determined bid to shield its staff from aggressive criminal investigations surrounding a $2.02 million (approximately KSh 261 million) credit facility extended to Murang’a-based Kiru Tea Factory Company Limited. The international financial institution has filed a constitutional petition seeking urgent … Read more
Commercial livestock production faces a brutal reality: feed accounts for 60% to 70% of total operational costs. With the prices of traditional protein sources like fishmeal and soybean meal fluctuating wildly, small- and mid-scale poultry and pig farmers are watching their profit margins vanish. The most effective escape hatch from this financial squeeze is Black … Read more
The Kenya Revenue Authority (KRA) has introduced draft amendments aimed at refining the taxation of rental income and personal income, particularly focusing on graduates and professionals entering the workforce. These changes, set against the backdrop of the 2026 fiscal cycle, seek to enhance compliance through digital integration and policy adjustments. 1. Rental Tax Amendments: Transitioning … Read more