Ukclgroup-Unytas Kenya Co Ltd- (2026)

17/08/2023

As employers prepare August payrolls, they will be required by the taxman to base the 1.5% housing levy deductions on employees' gross salary as opposed to basic salaries as is the norm on statutory deductions. The employers are also required to contribute a similar amount of 1.5%....

As employers prepare August payrolls, they will be required by the taxman to base the 1.5% housing levy deductions on employees’ gross salary as opposed to basic salaries as is the norm on st…

17/08/2023

According to lands principal secretary Nixon Korir, the ministry had received sh 150 Million to review land rates and rent in Kenya's four major cities including Eldoret and Kiambu towns. Currently, Kenya uses the Rating Act of 1963 and the Valuation Act of 1956....

According to lands principal secretary Nixon Korir, the ministry had received sh 150 Million to review land rates and rent in Kenya’s four major cities including Eldoret and Kiambu towns. Cur…

15/08/2023

The review is being pushed by the international monetary fund on the grounds that the existing pricing regime has failed to reflect the prevailing market conditions....

The review is being pushed by the international monetary fund on the grounds that the existing pricing regime has failed to reflect the prevailing market conditions.

15/08/2023

Kenya has in the past decade been shedding the scales of the economic giant it once was in East and Central Africa, with new contenders such as Tanzania and Ethiopia threatening to occupy the top seat in the region. This is partly due to the fact that Kenya is losing its once vibrant sectors that contributed to its exports...

Kenya has in the past decade been shedding the scales of the economic giant it once was in East and Central Africa, with new contenders such as Tanzania and Ethiopia threatening to occupy the top s…

11/08/2023

In 2023 the Kenyan shilling has undergone one of the most worrying freefall in its history. As of the 10th of August, the shilling is retailing at its highest against the dollar.1 US dollar trades at about 150 Kenya in local banks' exchange rates, the central bank's official figures are still at Ksh 142.98...

In 2023 the Kenyan shilling has undergone one of the most worrying freefall in its history. As of the 10th of August, the shilling is retailing at its highest against the dollar.1 US dollar trades …

08/08/2023

In a bid to tame runaway matatu fare prices in the transport sector, Kimilili Mp Didmus Barasa tabled the NTSA amendment bill 2023 that seeks to give the Transport ministry powers to set minimum and maximum fare prices charged by public service vehicles(PSV’s)....

In a bid to tame runaway matatu fare prices in the transport sector, Kimilili Mp Didmus Barasa tabled the NTSA amendment bill 2023 that seeks to give the Transport ministry powers to set minimum an…

07/08/2023

It won't be business as usual as Kenyans will now have to bear the brunt of the finance act 2023 for another month, will the ruling in September solve this impasse? Well, that’s an introspection on every Kenyan's mind....

It won’t be business as usual as Kenyans will now have to bear the brunt of the finance act 2023 for another month, will the ruling in September solve this impasse? Well, that’s an introspect…

07/08/2023

On Thursday, July 3rd, the National Assembly labor committee announced its plan to introduce an amendment capping the retirement age at 55. if approved by the house, it could see many Kenyans above the proposed age retiring, hence ballooning the pension bill to Ksh 173 billion....

On Thursday, July 3rd, the National Assembly labor committee announced its plan to introduce an amendment capping the retirement age at 55. if approved by the house, it could see many Kenyans above…

03/08/2023

In a radical move, the Ministry in charge of housing has published a public notice backdating the controversial housing levy deductions to July 1st. This means that both employers and employees are set to part with double the required 1.5% levy....

In a radical move, the Ministry in charge of housing has published a public notice backdating the controversial housing levy deductions to July 1st. This means that both employers and employees are…

02/08/2023

President Ruto on Tuesday morning presided over the signing of performance contracts of Cabinet secretaries state house Nairobi. at the event, he promised Kenyans that his government would change the culture of fake promises. the signing of the appraisals was done as a commitment by the executive on delivery of the bottom-up economic plan to Kenyans....

President Ruto on Tuesday morning presided over the signing of performance contracts of Cabinet secretaries state house Nairobi. at the event, he promised Kenyans that his government would change t…

02/08/2023

Kenya was attacked using a Distributed Denial of Service (DDOS), a method used by hackers to flood online services with traffic and in the process overwhelm the systems. While giving an interview to the BBC, Bright Gameli, A Kenyan-based cyber security expert believed that insiders could have been involved as DDOS are never random....

Kenya was attacked using a Distributed Denial of Service (DDOS), a method used by hackers to flood online services with traffic and in the process overwhelm the systems. While giving an interview t…

29/07/2023

Kenyans may soon face the possibility of double taxation, as the court of appeal has temporarily lifted conservatory orders that were blocking the implementation of the Finance Act 2023. The Kenya Revenue Authority had instructed its officials to prepare their systems for changes once the orders were suspended earlier this week....

Kenyans may soon face the possibility of double taxation, as the court of appeal has temporarily lifted conservatory orders that were blocking the implementation of the Finance Act 2023. The Kenya …

28/07/2023

The three Judge bench comprising of Justice Mohammed Wasame, Hellen Omondo and Kathurima Minoti on Friday temporarily lifted the suspension of the Finance Act 2023, citing merit in the petition filed by the first and second applicants who are the treasury and the office of the Attorney General....

The three Judge bench comprising of Justice Mohammed Wasame, Hellen Omondo and Kathurima Minoti on Friday temporarily lifted the suspension of the Finance Act 2023, citing merit in the petition fil…

27/07/2023

This development will further strain Kenya’s public debt management, as Kenya will have to incur expensive loans to quench its revenue shortfall in the coming years. While government can opt to source for more credit internally, it would have a negative impact to the economy....

This development will further strain Kenya’s public debt management, as Kenya will have to incur expensive loans to quench its revenue shortfall in the coming years. While government can opt to sou…

26/07/2023

The Auditor general’s report unmasked shocking revelations on the last financial year of former Governor Evans Kidero, and the beginning of his successor Mike Sonko’s tenure in which city hall under declared collected revenue....

The Auditor general’s report unmasked shocking revelations on the last financial year of former Governor Evans Kidero, and the beginning of his successor Mike Sonko’s tenure in which city hall unde…

25/07/2023

Kenya shilling has further weakened its dominant position among east African currencies by losing 20 percent of its value. this new development has mainly affected importers of goods from Uganda, Tanzania and Rwanda as they have to pay more. ...

Kenya shilling has further weakened its dominant position among east African currencies by losing 20 percent of its value. this new development has mainly affected importers of goods from Uganda, T…

25/07/2023

Kenya shilling has further weakened its dominant position among east African currencies y losing 20 percent of its value. this new development has mainly affected importers of goods from Uganda, Tanzania and Rwanda as they have to pay more. ...

Kenya shilling has further weakened its dominant position among east African currencies y losing 20 percent of its value. this new development has mainly affected importers of goods from Uganda, Ta…

21/07/2023

Government suddenly resurrects some unorthodox police squad that they had previously condemned. This squad has been accused of shooting at protestors indiscriminately....

Government suddenly resurrects some unorthodox police squad that they had previously condemned. This squad has been accused of shooting at protestors indiscriminately.

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Ukclgroup-Unytas Kenya Co Ltd-

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