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5 days ago | 
tuko.co.ke | Bonface Kanyamwaya |Asher Omondi
Kenya Airways has been given seven days by the Nigerian Civil Aviation Authority (NCCA) to compensate a passenger who was denied boarding rights in February The passenger was travelling from Lagos, Nigeria, to Europe, with a connection through Nairobi Upon landing in Nairobi, she was told that she could not carry on with her journey because she did not have a Schengen visa, a key requirement to enter any European nation Boniface Kanyamwaya, a journalist at TUKO.co.ke, has more than 10 years...
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5 days ago | 
tuko.co.ke | Bonface Kanyamwaya |Asher Omondi
The International Finance Corporation (IFC) has given Equity Group KSh 64 billion to help increase its lending to MSMEs in Kenya The funding is among the largest single credit facilities ever given to the lender, which also operates in Rwanda, Uganda, and Tanzania, among other countries AGF and Equity’s previous partnership has already unlocked over USD 160 million in loans for nearly 2,000 MSMEs, including 500 women-led businesses and 900 youth-led businesses Boniface Kanyamwaya, a...
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6 days ago | 
tuko.co.ke | Bonface Kanyamwaya |Asher Omondi
The tax man missed its tax collection target in the 10 months to April 2024 by KSh 77 billion Tax collection by the Kenya Revenue Authority hit KSh 2.112 trillion as o April 30, 2024, against a target of KSh 2.189 trillion The tax revenue collected on behalf of the national government was equivalent to 95% of the target of KSh 2.006 trillion for 10 months period Boniface Kanyamwaya, a journalist at TUKO.co.ke, has more than 10 years of financial, economic, business, market, and aviation...
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6 days ago | 
tuko.co.ke | Bonface Kanyamwaya |Asher Omondi
Editor's Note: In this thrilling article, Watu Credit Country Manager Erick Massawe gives a detailed account of how non-bank lenders are enabling thousands of Kenyans to move from perpetual leasing to asset ownership through low-deposit, flexible repayment models, typically spread over 12 to 24 months. He says that non-bank lenders have stepped in to fill this gap, rewriting the rules of ownership. They provide motorcycles to boda boda operators at flexible repayment rates.
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1 week ago | 
tuko.co.ke | Bonface Kanyamwaya |Asher Omondi
The Kenyan government is in talks with its counterparts in Ghana to allow Kenya Airways to set up a secondary base in Accra The secondary hub will allow KQ, as the airline is known by its international code, to serve its West African market better The airline has been expanding its wings into news markets as part of a wider plan to rake in more revenue Boniface Kanyamwaya, a journalist at TUKO.co.ke, has more than 10 years of financial, economic, business, market, and aviation expertise,...
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1 week ago | 
tuko.co.ke | Bonface Kanyamwaya |Asher Omondi
About 7,000 vehicles are stuck at the port of Mombasa and at different container freight stations due to a shortage of number plates The vehicles are stuck in Mombasa as the National Transport and Safety Authority (NTSA) has not provided the plates to vehicle users The shortage of number plates has existed for the last three months, forcing vehicle dealers to incur losses even as NTSA director-general George Njao said the problem has been fixed Kenya Car Importers Association chairman, Peter...
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1 week ago | 
tuko.co.ke | Bonface Kanyamwaya |Asher Omondi
The Betting Control and Licensing Board (BCLB) allowed eight betting sites to continue operating in the coutry without any restrictions The eight betting firms which have since been allowed to work were shut down by mistake, according to BCLB The betting regulator early this week shut down over 50 betting sites that were operating in the country illegally Bonface Kanyamwaya, a journalist at TUKO.co.ke, has more than 10 years of financial, economy, business, markets and aviation expertise,...
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2 weeks ago | 
tuko.co.ke | Bonface Kanyamwaya |Jackson Otukho
The SACCO regulator has given an ultimatum to all SACCOs in Kenya to hold their annual general meetings The meetings, the SACCO regulator said, must be held by Wednesday, April 30, without fail All SACCO members have been urged to attend the meetings and ask tough questions on how their money was spent during the period under review Search option is now available at TUKO! Feel free to search the content on topics/people you enjoy reading about in the top right corner ;) Bonface Kanyamwaya, a...
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2 weeks ago | 
tuko.co.ke | Bonface Kanyamwaya |Asher Omondi
Airtel Kenya is set to conduct a system upgrade on Airtel Money system in a plan that will leave customers without its services during the period under maintenance The system upgrade by Airtel Kenya will start on Saturday, May 3, at 11pm and end on Sunday, May 4 at 11am The firm has been conducting a continuous system upgrade of its Airtel Money services to offer customers better services Don't miss out! Join Tuko.co.ke Sports News channel on WhatsApp now! Bonface Kanyamwaya, a journalist at...
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2 weeks ago | 
tuko.co.ke | Bonface Kanyamwaya |Asher Omondi
The Kenya Revenue Authority put on notice betting firms that have operating licences issued by the Betting Control & Licensing Board (BCLB) for the financial year 2024/2025 The taxman said the their licences for the financial year under review will expire on Monday, June 30, and must be renewed to enhance tax compliance KRA set conditions for renewal of the operating licences by the betting firms which includes a settling tax liabilities for both the company and its directors among other...
