Ola Kenya Spared from Sh943m Tax Liability by KRA
The High Court has dismissed a Sh943.14 million tax claim by the Kenya Revenue Authority (KRA) against oil marketer Libya Oil Kenya (now Ola Kenya), ruling that it lacks legal basis.
KCB Secures Sh.4.3bn for Funding Women-owned Businesses
Exciting news from KCB Bank Kenya! They’ve secured €30 million (Sh4.2 billion) from the Bill & Melinda Gates Foundation and the European Investment Bank (EIB) to empower women entrepreneurs and startups in Kenya.
Bluechip Technologies Launches in Uganda’s Tech Market
Exciting news from Bluechip Technologies as they officially launch operations in Uganda, bringing their expertise in Data Management and Analytics to the country’s tech landscape.
Dr. Cynthia Omina Named Head of Clinical Services at AAR Hospital
AAR Hospital proudly welcomes Dr. Cynthia Omina Kanda as its new Head of Clinical Services! With over a decade of experience in the medical field, Dr. Omina brings a wealth of knowledge and expertise to her new role.
Kenya Power to Invest Sh258M in Electric Vehicles and Charging Stations
Kenya Power announces plans to invest Sh258 million in electric vehicles and charging infrastructure, aiming to bolster the country’s e-mobility sector.
US Company Acquires Kwale Miner’s Parent Firm in Sh31bn Deal
Base Titanium’s parent company, based in Australia, is set to be acquired by American mineral resources firm Energy Fuels in a significant deal worth Sh31.8 billion (375 million Australian dollars).
Sidian Bank Founders Earn Sh842m 16% Stake
Sidian Bank founders and individual shareholders have collectively earned Sh841.66 million from the sale of their entire stake, marking a significant transaction in Kenya’s banking sector.
Bolt and M-KOPA Partner to Launch Electric Motorcycles in Kenya
Bolt and M-KOPA have teamed up to introduce electric motorcycles in Kenya, offering new and existing drivers the opportunity to lease ROAM and Ampersand electric bikes at discounted rates.