Author: Khusoko

The Kenya Revenue Authority (KRA) has put on notice persons engaged trading online. The tax collector has said online businesses are required to file returns on all their transactions unless income from such trade is explicitly exempt in the law. “KRA would, therefore, like to remind the taxpayers that the self-assessment regime requires them to file and pay their taxes which may include VAT, Excise Duty, Withholding Tax, PAYE, Corporate taxes and any other tax obligation required under the business,’ reads a KRA statement. https://twitter.com/bankelele/status/1126404443698814976 RELATED: Why it is important to be tax compliant Types of Direct and Indirect Taxes…

Kenya Airways has increased capacity on the Nairobi to Bujumbura, Burundi starting 8 May 2019. The new flight to be operated by Jambojet on a Bombardier Q400 will be a direct flight and is set to reduce waiting times and offer better connections to Kenya Airways growing European and new America service. Kenya Airways Group Managing Director & CEO Sebastian Mikosz said, “This  increase to our local and regional Network is part of our strategic intent to expand our footprint across Africa.”   The new daily afternoon service will operate between Nairobi and Bujumbura in addition to the current daily…

Technology company Andela has appointed Janet Maingi as its new Country Director for Kenya. She is tasked with driving the next phase of Andela Kenya’s growth as a business and as the best place to work for technologists. Seni Sulyman, Andela’s Vice President of Global Operations said, “Janet’s reputation for building and leading cross-functional teams, her values as a leader, and her aspirations for Kenya make her our ideal Country Director. We are truly excited to have her on our team.” “Andela is advancing human potential by powering today’s teams and investing in tomorrow’s leaders. Kenya represents our 2nd largest…

Coca-Cola has appointed Phillipine Mtikitiki, a South African, as the general manager for its East and Central Africa operations effective June 1. She takes over from Ahmed Rady who has been appointed as general manager, Egypt, effective June 1. In her new role, Phillipine will be responsible for developing and managing the business strategy across East & Central Africa. Bruno Pietracci, President of Coca-Cola’s Southern & East Africa Business Unit (SEABU) said, “I am very pleased to announce Phillipine’s new role. With Phillipine’s expertise and track record, I am confident that her leadership will take the business to new heights…

Glovo, a Spanish delivery firm has raised Ksh 17 billion to execute its growth strategy from its fourth round of fundraising. “We will use this opportunity to grow our team of tech experts to create a smarter and more efficient experience for customers, “said Priscilla Muhiu, Glovo’s Head of Marketing for Sub-Saharan Africa. “We also intend to expand our footprint across sub-Saharan Africa, with new operations in Tanzania, Ghana and Nigeria.” The fundraising was led by European Venture capital firm Lakestar, Drake, Idnvest Partners and VC firm Korelya Capital. Glovo launched its Kenya operations in January after carrying out a…

Kenya Airways has announced the resumption of flights to the coastal town of Malindi with four weekly flights starting 10th June 2019. The flight, to be operated by Jambojet using a Bombardier Q400 will increase the frequency of flights by four, in addition to the nine weekly flights to this destination. The airline’s re-entry to this route is a great boost to the town, well-known for its strong Italian connections when the airline launches the Rome-Geneva flights on 12th June 2019. This is expected to create seamless connections and boost between Italy and Malindi, two areas that already share historic…