KRA staffers assist clients in filing returns at its Nyeri office. [File, Standard] The Kenyan Revenue Authority (KRA) has fallen short of its ambitious tax collection targets for the 2023/2024 fiscal year. Despite an 11.1 per cent increase in overall revenue to Sh2.407 trillion, KRA failed to reach its target, leaving policymakers and industry stakeholders concerned…
Round 1 Olympic football schedule The eagerly awaited men’s football tournament at the 2024 Summer Olympics is set to commence tomorrow, July 24th, promising a spectacular display of skill and passion across stadiums in France. Sixteen national teams from around the globe have converged in Paris for a chance at Olympic glory, following the footsteps…
The Ethics and Anti-Corruption Commission (EACC) has launched an investigation into a fraudulent letter circulated as official EACC communication. The letter falsely summons blogger Hanifa Farsafi and claims to be issued by an EACC Investigator (Commission Secretary/CEO). The EACC has confirmed the letter is a forgery. They assert that those responsible for creating and disseminating…
These are the biggest football stars at the Olympics 2024 The Olympic Games Paris 2024 are set to showcase some of football’s finest talents on both the men’s and women’s fronts. The Olympics football games are restricted to only players who are 23 years and under. Although an exception is given to three above the…
In 2022, Kenyan citizens and firms increased their assets in Switzerland by Kes.3 billion, despite transferring a substantial portion of their portfolios to other tax havens. According to the Kenya National Bureau of Statistics (KNBS), assets in Switzerland rose to Kes. 9.82 billion from Kes. 6.82 billion in 2021. This increase likely stems from both…
The National Treasury is mulling borrowing Ksh 141 billion from the domestic market to plug the 4.2pc budget deficit that has arisen following the rejection of the Finance Bill 2024. Treasury Principal Secretary Chris Kiptoo while appearing before the National Assembly’s Public Debt and Privatisation Committee said despite the implementation of austerity measures the budget…
Paris 2024 Olympics organizer have omitted something Usain Bolt heavily relied upon and potentially impacting current Jamaican sprinters’ comfort and performance. Usain Bolt might have hung up his spikes but his legendary reliance on a particular Olympic Village treat continues to resonate especially as the Paris 2024 Olympics approaches. In a surprising move by the…
The High Court has extended orders barring the task force appointed by President William Ruto to audit public debt. Justice Lawrence Mugambi has also allowed the petitioners to serve the respondents, including the four task force members, through a national newspaper. Surgeons Benjamin Magare Gikenyi and Eliud Matindi challenged the task force’s appointment, arguing that…
President William Ruto has reaffirmed the government’s commitment to fulfilling its promise of salary increase for prison and police officers effective this month. Speaking Wednesday morning at State House during the swearing-in ceremony for the newly appointed Prisons Service Commissioner General, Patrick Mwiti Arandu, President Ruto said starting this month, the servicemen will receive the…
A Kenyan is among 12 African referees chosen to officiate at the 2024 Olympics in France, representing FIFA’s officiating team. Kenya’s Stephen Yiembe is among the 12 referees selected by FIFA to officiate in the 2024 Olympics which are set to begin on Thursday in France. Yiembe will serve as an assistant referee joining a…
Prime Cabinet Secretary Musalia Mudavadi has dismissed reports claiming that the government intends to sell Jomo Kenyatta International Airport (JKIA) to foreign investors. These reports have recently dominated Kenyan media platforms, leading to planned protests at the Jomo Kenyatta International Airport(JKIA) on Tuesday. Mudavadi informed the National Assembly Budget and Appropriations Committee that selling such…
A report on the effects of floods on schools conducted by Elimu Bora working group reveals that more than 15,000 learners did not resume learning. According to the survey, data from 60 surveyed schools shows that the student population dropped from 23,530 to 21,453 after the floods, a decrease of nine per cent. The return…
Kenyan MMA fighter Felista Mugo embodies resilience and national pride, rising from early defeats to become a symbol of hope. Kenya’s female mixed martial arts (MMA) prodigy Felista Mugo has rapidly become a symbol of perseverance and tenacity in the sport. At just 24 years old she has captured the attention of MMA enthusiasts both…
The Orange Democratic Movement (ODM) has denied reports that it is negotiating with President William Ruto to form a government of National Unity. On Tuesday, Secretary General Edwin Sifuna emphasized that the party has no political arrangements with the Kenya Kwanza regime. Sifuna stated that any ODM member who joins President Ruto’s cabinet will do…
Kenya is among four countries that have reduced the numbers of annual new HIV infections by 77pc and are well on track to reach the target of reducing new HIV infections by 99pc by 2030. The other three are, Malawi, Nepal and Zimbabwe. According to a new report by UNAIDS, another 18 countries have reduced…