Kenyan banks contributed $1.51 billion to Treasury in 2024, according to tax contribution report
The report further examined how banks distribute value to their key stakeholders where in 2024, the government received the largest portion at 54.95 per cent via taxes, followed by employees at 25.62 per cent through salaries and benefits and shareholders at 19.44 per cent through dividends.
South African lender Absa to acquire StanChart wealth and retail banking business in Uganda
Absa, South Africa’s third-largest bank by assets, has also been working to restore stability and growing its retail business under new CEO Kenny Fihla, as it continues to address challenges stemming from its separation from Barclays in 2020
Kenya: Law in the offing to empower minority groups – some ‘naturalised tribes’ – uprooted by political cruelty in their countries
The meeting brought together representatives of the Tallai, Ogiek, Nubian and Nyarwanda communities, alongside government officials and civil society actors to deliberate on the proposed policy, which promotes unity through inclusion, equitable resource allocation and recognition of cultural diversity.
Football Kenya Federation Chief Hussein Mohammed says the agency is working on Marshall Plan for grassroots football
President of the Grenada Football Association (GFA) and Fifa Technical Development Committee member, Marlon Glean, who attended the summit, praised Kenya’s football leadership and called for stronger collaboration between Africa and the Caribbean in promoting football globally.
Throat cancer survivors in Kenya call for tough punitive tax on tobacco to reduce spread of the disease
Despite this looming cancer crisis, Kenya’s health financing remains low, at around 3 per cent of GDP, far below the recommended 15 per cent under the Abuja Declaration.
Kenyan world record holder Chepngetich slapping with four-year ban for doping, she’ll retain her record
Marathon running has been hit with a spate of high-profile doping cases in recent years, particularly from Kenya, which is world renowned for its middle and long-distance runners.
Study: East Africa’s event-driven coverage of sexual, gender-based violence and femicide creates room for the vice to fester
A stark three per cent focus on perpetrators means the individuals responsible for violence often remain out of sight in media narratives, especially in follow-up reporting whereas only 11 percent of stories amplified survivor voices, despite survivors being central to the narrative of violence.
Inquest into Hillside Endarasha Academy fire delayed by state unpreparedness
Last month, the parents of the deceased boys, together with the Kenya Human Rights Commission and the Elimu Bora Working Group, filed a constitutional petition. The petition seeks to hold the school proprietors, the National Education Board, the Nyeri County Director of Education, the Nyeri County Education Board and the Education Cabinet Secretary accountable for failing to protect and secure the learners’ lives, resulting in the tragic deaths.












