By Tiberius Onsongo

Government should stop the aggressive taxation drive

The latest Finance Bill has generated considerable debate and concern among ordinary Kenyans. The bill proposes several measures to correct the budget deficit, but one of the most controversial aspects is the dependence on high taxation. Despite its apparent simplicity, this method frequently results in damaging outcomes for both our financial standing and daily activities….

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Group Managing Director Nasim Devji.

DTB first quarter profit rises by 8.6 per cent to hit KSh2.6

Diamond Trust Bank (DTB) net profit for the first quarter of this year grew by 8.6 per cent , reaching KSh2.62 billion, driven by growth in both interest and non-interest income. The company’s net earnings grew from KSh2.42 billion that had been posted during the correspondent quarter of last year. Net increased income, mainly derived…

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A man walks in flood waters in Garissa County. Photo:courtesy

Britam asks SMEs to embrace flood insurance

Financial service firm, Britam is requesting a small and medium-sized enterprises (SMEs) to embrace risk mitigation schemes in the wake of floods that have hit the country’s social economy. During an SME networking forum hosted in partnership with Kenya National Chamber of Commerce and Industries (KNCCI), the Managing Director of the firm Tom Gitogo said that…

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