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1 week ago | 
tuko.co.ke | Japhet Ruto |journalism. He
The Kenya Revenue Authority (KRA) announced it had cut the Fringe Benefit Tax (FBT) from 13% to 9% for April, May and June At the same time, the government's principal revenue collector reduced the deemed interest rate from 13% to 9% for the same period FX Pesa lead market analyst Rufas Kamau expounded that fringe benefits are non-monetary benefits or perks that employees receive as part of their employment Japhet Ruto is a journalist at TUKO.co.ke with over eight years of experience...
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1 week ago | 
tuko.co.ke | Japhet Ruto |journalism. He
On Thursday, April 10, the Nairobi Securities Exchange (NSE) recorded gains across all major indices, with Sanlam being the biggest gainer The shilling also gained against the US dollar in the foreign exchange market following reduced demand for the greenback Geopolitical economist Aly-Khan Satchu told TUKO.co.ke that US president Donald Trump was forced to suspend tariffs following a decline in markets across the world Japhet Ruto is a journalist at TUKO.co.ke with over eight years of...
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1 week ago | 
tuko.co.ke | Japhet Ruto |journalism. He
On Friday, April 11, the Kenyan newspapers delved into President William Ruto's anticipated tour to China amid weakening ties with the United States (US). Don't miss out! Join Tuko.co.ke Sports News channel on WhatsApp now!The dailies also widely reported on the woes faced by Butere Girls over their failure to perform the 'Echoes of War' play. 1.
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3 weeks ago | 
tuko.co.ke | Japhet Ruto |journalism. He
US president Donald Trump unveiled a new trade policy reform on the so-called "Liberation Day" on Wednesday, April 2 The Republican leader argued that the trading relationship between the US and its trading partners had become highly unbalanced International political economist Leshan Loonena Naisho told TUKO.co.ke that Kenya could face pressure to renegotiate trade terms under Trump's presidency Japhet Ruto, a journalist at TUKO.co.ke, brings over eight years of expertise in finance,...
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3 weeks ago | 
tuko.co.ke | Japhet Ruto |journalism. He
Bipin Shah started his business empire with a KSh 6,500 loan which he borrowed from a friend over 45 years ago The Basco Paints operations director began by selling foam glue to carpenters before venturing into manufacturing paints The firm provides customers with a diverse selection of paints in over 7,000 shades, produced at a factory in Embakasi that manufactures over nine million cans annually Japhet Ruto, a journalist with TUKO.co.ke, has more than eight years of experience in finance,...
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3 weeks ago | 
tuko.co.ke | Japhet Ruto |journalism. He
The Kenyatta family is building the KSh 500 billion Northlands city in Ruiru as part of their empire expansion GulfCap Real Estate, owned by Kenyan billionaire Suleiman Shahbal formally unveiled the LV Marina in Kisumu in January Tatu City is a 5,000-acre mixed-use development and special economic zone (SEZ) in Kiambu managed by Rendeavour Japhet Ruto, a journalist at TUKO.co.ke, possesses over eight years of experience in finance, business, and technology, offering in-depth analysis of...
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3 weeks ago | 
tuko.co.ke | Japhet Ruto |journalism. He
Forbes released the list of the world's richest individuals on April 1 showing they have a combined wealth of KSh 2.06 quadrillion American billionaire Elon Musk tops the list with a net worth of $342 billion (KSh 43.8 trillion) after his wealth surged by 75% Musk who leads the US's Department of Government Efficiency (DOGE), was expected to quit his role at the end of May Japhet Ruto, an editor at TUKO.co.ke, offers more than eight years of experience in finance, business, and technology,...
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3 weeks ago | 
tuko.co.ke | Japhet Ruto |journalism. He
The University of Nairobi (UoN) is struggling to stay afloat as its debts continue to pile exceeding KSh 13 billion UoN acting vice chancellor Margaret Jesang Hutchinson revealed that student enrollment in the university's campuses had dropped The institution's debts include KSh 7.8 billion in pension arrears and KSh 4 billion owed to the Kenya Revenue Authority (KRA Japhet Ruto, an editor at TUKO.co.ke, brings over eight years of expertise in finance, business, and technology, providing...
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3 weeks ago | 
tuko.co.ke | Japhet Ruto |journalism. He
Higher Education Loans Board (HELB) and Universities Fund (UF) invited the public to submit comments on the appeals mechanisms for the new funding model The two state agencies will conduct public participation exercises to gather opinions on the effectiveness of the platform This came after the High Court ruled that the new model did not provide an avenue for appeals by dissatisfied students Japhet Ruto, a journalist at TUKO.co.ke, offers more than eight years of experience in finance,...
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3 weeks ago | 
tuko.co.ke | Japhet Ruto |journalism. He
Justice Chacha Mwita ruled that a circular issued by former Basic Education Principal Secretary (PS) Belio Kipsang in January 2024 was unconstitutional The High Court judge noted that there was no legal justification for the KSh 50 convenience fee that was applied to eCitizen transactions The court also raised concerns about the platform's transparency and integrity, saying there was a lack of clarity on who collected the funds Japhet Ruto, a journalist at TUKO.co.ke, has over eight years of...
