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How banks handed KRA Sh50bn

As nearly every sector shrunk under the weight of the Covid-19 scourge, commercial banks in Kenya were reporting double-digit growths.

Pricewaterhousecoopers pwKenya bankers associationKenya revenue authorityValue added taxRevenue authorityCorporate taxHabil olakaPricewaterhousecoopers reportCovid 19

Banks warn of rising bad loans on illegal land deals

Climate change also cited as a big concern.

Environmental managementCoordination actHabil olakaBad loansLand deals

Banks blame losses from demolitions on gaps in land zoning

Demolitions of buildings on riparian land and along wildlife migratory routes have exposed banks to losses and defaults.

Nairobi areaNational environment management authority nemaVivo energyKenya bankers associationNational environment management authoritySouth end mallJava houseTaj mallPhysical planningEnvironment regulationsEnvironmental social impact assessmentsHabil olaka

Igathe vows to ensure strict compliance of minimum wage requirement

NAIROBI, Kenya, Jun 23 – Nairobi gubernatorial candidate Polycarp Igathe has vowed to ensure that all firms comply with the minimum wage requirement, a Kenya breaking news | Kenya news today |

Nairobi areaPolycarp igatheUhuru kenyattaFederation of kenya employersKenya private sector allianceUmojaone kenyaKenya employersHabil olaka

Climate action is at the heart of financial institutions business

In Kenya, climate change has led to perennial droughts on one end and floods on the other – both with devastating effects on lives and livelihoods.

Sustainable finance initiativeKenya bankers associationClimate changeClimate actionHabil olaka

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