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Wealthy Kenyans lose Sh119 billion as tax benefits lapse


Wealthy Kenyans and firms lost Sh118.79 billion benefits as a result of progressive removal of tax incentives offered to companies and traders in four years through 2020. ....

Githii Mburu , National Assembly Committee On , Kenya Revenue Authority , Wealthy Kenyans , National Assembly ,

Wealthy Kenyans snub small banks' safes - Business Daily


Wealthy Kenyans snub small banks’ safes
Tuesday June 01 2021
By PATRICK ALUSHULA
Small lenders accounted for 4.6 per cent of the new bank accounts with more than Sh100,000 as wealthy savers preferred well-known brands in the wake of three mid-sized financiers being placed under receivership after failing to meet their obligations.
The 21 small banks classified by the Central Bank of Kenya (CBK) as low-tier had 6,155 new accounts with more than Sh100,000 of the 134,425 high-quality deposits that lenders gained last year.
The CBK data shows that small banks controlled six per cent of the high-quality accounts, down from 13.2 per cent in 2017 as depositors sought safety in larger institutions. ....

United Arab Emirates , Kenya Deposit Insurance Corporation , Central Bank , First Community Bank , Imperial Bank , Chase Bank , Equity Bank , Wealthy Kenyans , State Bank , Co Operative Bank , Community Bank , Central Bank Of Kenya , Small Banks , Sh100000 Accounts , Collapsed Banks , Deposit Insurance , ஒன்றுபட்டது அரபு அமீரகங்கள் , கேந்ய வைப்பு காப்பீடு நிறுவனம் , மைய வங்கி , முதல் சமூக வங்கி , ஏகாதிபத்தியம் வங்கி , துரத்து வங்கி , பங்கு வங்கி , நிலை வங்கி , இணை செயல்பாட்டு வங்கி , சமூக வங்கி ,

Wealthy Kenyans cut aircraft orders by half


Wealthy Kenyans cut aircraft orders by half
Thursday March 04 2021
Summary
The drop in registration of new aircraft came in a year when the coronavirus pandemic that caused a slump in air travel, reducing the need for purchase of commercial flights.
The virus, which disrupted businesses and hammered most assets classes, reduced the net worth of wealthy Kenyans and saw the rich drop aircraft purchase plans from the priority list.
Kenya’s business magnates, politicians and new millionaires have in recent years taken to flying as the preferred mode of transport – expanding the market for leasing and private ownership of planes ....

Nairobi Area , Rift Valley , Masai Mara Game Reserve , Gilbert Kibe , Kenya Civil Aviation Authority , Aero Club Of East Africa , National Police Service , Kenya Airports Authority , Amboseli National Park , Kenya Defence , Wealthy Kenyans , General Gilbert Kibe , Business Daily , East Africa , Knight Frank Wealth Report , Wilson Airport , நைரோபி பரப்பளவு , பிளவு பள்ளத்தாக்கு , மசாய் மாரா விளையாட்டு இருப்பு , கில்பர்ட் கிபே , கேந்ய சிவில் விமான போக்குவரத்து அதிகாரம் , தேசிய போலீஸ் சேவை , கேந்ய விமான நிலையங்கள் அதிகாரம் , அம்பொசெழி தேசிய பூங்கா , கேந்ய பாதுகாப்பு , ஜநரல் கில்பர்ட் கிபே ,