Treasury Proposes New Taxation Rules Targeting Companies Evading Tax

Kenya's Treasury has unveiled draft tax regulations proposing a 15 per cent minimum corporate tax for multinational companies. This move aims to prevent profit shifting and ensure global firms contribute their fair share to Kenya's revenue, aligning with the OECD's global minimum tax framework.

KTDA puts private tea companies on notice over unfair practices

Using technology to cut fuel costs for company fleet

Businesses in Kenya are increasingly leveraging digital tools such as Drive by Pesapal to manage and reduce their substantial fuel costs, which can consume up to 60% of a fleet's budget. These technologies offer real-time tracking of fuel transactions, setting vehicle limits, and monitoring usage.

US & UK Companies Partner in New Bid to Construct Ksh464 Billion Nairobi-Mombasa Expressway

Everstrong Capital, a US infrastructure firm, has partnered with UK-based project management firm Turner & Townsend to construct the Ksh464 billion Nairobi-Mombasa expressway. This collaboration aims to enhance the delivery capabilities for the significant infrastructure project.