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linkhttp://moecapital.com calendar_today27-03-2014 08:20:34

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President Ruto expected to meet Somalia's President today for diplomatic efforts to settle tensions between Ethiopia and Somalia over Somaliland access

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Former IEBC CEO Ezra Chiloba who has been nominated as Kenya's Consul General to Los Angeles, USA is set to be vetted today by the parliamentary vetting committee.

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Strengthening of the shilling against US Dollar to Sh131 means Kenya will have to pay Sh1.1 trillion less for foreign loans

They stood at Sh5 trillion last week down from Sh6.2 trillion in January when the shilling was at Sh161

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KRA has raised the fringe benefits tax to 16% for the months of April, May, and June 2024

The fringe benefits tax is a levy imposed on employees receiving extra welfare benefits from their employers such as cheap loans in addition to their wages.

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President Ruto says that starting May 1st, there will be no vetting for acquiring national IDs to avoid discrimination against people of certain religions and regions.

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A stronger exchange rate in the Kenyan Shilling against the US dollar helped reduce import costs with CBK projecting imports to rise by 11% this year.

Shilling is trading at Sh130 against US dollar.

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