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Banks build Sh60 billion war chest for bad loans amid economic uncertainty

Banks build Sh60 billion war chest for bad loans amid economic uncertainty
standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.

Nairobi areaKamau thuggeNjuguna ndunguJames mwangiStandard chartered bank kenyaFederation of kenya employersAbsa bank kenyaCentral bankNational treasuryMonetary policy committeeEquity groupIm groupKenya employersExecutive jacqueline mugoHabil olakaFinance act

More listed firms foresee profit drop as FKE warns of job losses

More listed firms foresee profit drop as FKE warns of job losses
standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.

Nairobi areaWilliam rutoJames boyd mcfieFederation of kenya employersNation media groupParliamentary budget officeNairobi securities exchangeNational treasuryKenya revenue authorityCentral bankKenya employersExecutive jacqueline mugoHabil olakaFinance actKenya kwanzaCrown paints

Employers now want PAYE lowered to 25%, VAT on fuel reverted to 8%

Employers have urged the government to lower the PAYE tax to 25 per cent to cushion Kenyans and businesses grappling with the high cost of living.

William rutoFederation of kenya employersKenya employersPresident william rutoPay as you earnHabil olakaExecutive director jacqueline mugoValue added taxFinance actAffordable housing levyCitizen digitalCost of livingHabil olakaJacqueline mugo

70,000 jobs lost in one year on tough business environment – FKEs

Taxes, high power bills and weak shilling among drivers of high cost of operation.

Nairobi areaFederation of kenya employersCentral bankMonetary policy committeeKenya employersHabil olakaFinance actAffordable housing levyCentral bank of kenyaFinance act 2023Jacqueline mugoWaajiri houseCovid 19The star newspaperThe star businessHe star

70,000 Kenyans have lost jobs in last one year

The federation says number set to go up as employers consider more job cuts.

Federation of kenya employersKenya employersFinance actJobs trendsHabil olakaKenya kwanzaJob cutsThe starStar newspaperThe star kenyaKenya newsStar newspaper kenyaStar newsThe star newspaperHe starTar newspaper

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