Kenya Kwanza Coalition’s government has lined up a raft of new taxes including road tax, motor vehicle circulation tax, exercise and value added-tax [VAT] measures, as a back up plan for the suspended finance act, 2023 According to details seen by safinews.co.ke on Monday 24th July, President William Ruto is plotting to…
A banker left office job to meant millions in showroom
Meet Mr Daniel Kimuyu, a banker by profession with all requisite papers, he has been in credit management in one of the renown financial institution, but decided to give a trial in second hand vehicle business Today, Kimuyu is regretting why did he leave the job long time ago but…
Petroleum Dealers Avoids Kenya Over Oil Scandals
Kenyans will have to brace for tougher times ahead if the reports emanating over the suspicious bilateral trade agreement between Kenyan Government and Emirates National Oil Cooperation is anything to go by. It has emerged that, Kenyan banks have now grown cold feet over the leaked deal after demand for…
Google handpicks five Kenyan CEOs for funding of Sh560M
In a statement, Google for Startups announced that five Kenyan founders were among the 25 African-based firms picked to benefit from the fund. The Kenyan CEOs are expected to use the funds in expanding their ventures and creating employment opportunities for citizens. The money is also expected to help the…
Battle against counterfeit
The Business players in the joint manufacturing industry have called the countries to fight the trade against the counterfeit goods. The proliferation of counterfeit goods in the market, continues to pose a major challenge for manufactures in the country Its against this backdrop that business are now calling for a…
Bata refutes claims of shutting down it’s limuru store
Bata shoe company PLC has refuted reports that they’re closing down their Limuru branch. In a statement to public on Saturday 10th June, the company stated that they are under a “normal annual maintenance shut down” that happens during the off peak season. “We are a heritage business, strategic in…
Eric in London for lunch to show off CS Moses Kuria
The self-declared President of Comedy in Africa cum content creator Eric Omondi has cheered Trade Cabinet Secretary Moses Kuria for revealing that he regretted sponsoring his tour to the USA, seven years back Kuria regrets were prompted by Eric’s defiance to tune to the government and advocating against the Finance…
Stakeholders Call for Immediate Action in Addressing Food Safety Concerns
The Kenya government has been urged to take Immediate action in addressing Food Safety concerns. The World Food safety day held in Nairobi on 7th June brought together 220 participants from 30 African Union member states, 2 RECs (EAC, ECOWAS), AUC, and Development Partners (EU, USAID, DANIDA) to raise awareness…
State House Auctions Used Vehicles & Other Items
President William Ruto’s office is selling used vehicles and other items The office of the president announced the sale of used vehicles, tyres and batteries, among other items, through a public auction. State House Comptroller, in collaboration with Astorion Auctioneers, invited bidders ahead of the auction on Friday, June 16.…
Bungoma county allocates Sh115 Million for trade loans
Bungoma county Government has allocated 115 Million for Trade loans in the 2023-2024 financial year, Governor Kenneth Lusaka has announced. Speaking at Amutala Stadium in Kimilili, Lusaka said the County Assembly was in the last phase of passing county trade loan development fund regulations before money is released. The disbursement…