Finaltus is a licensed Investment and Transaction advisory firm that has handled assignments in multiple countries. We adopt a versatile approach to investment and corporate Finance which enables us to provide specialized, effective and stable solutions to our clients.
We are delighted to announce that our Executive Director, Paul Kamau will be a speaker at the annual @AFSICafrica Investing in Africa event that will be held on 10th-11th October 2022 in London.
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KRA missed the corporate tax target in the first half of the current financial year by Sh10.9 billion, pointing to slower recovery of companies from the Covid-19 pandemic than the Treasury projections.
https://t.co/WLpM0N3NY4
Ethiopia on Tuesday announced plans to ease restrictions on foreign banks making investments in the country, opening the door for Kenyan lenders to set up operations in the populous nation.
https://t.co/PeqJmxjdQ1
Kenya spent 60 percent of its export earnings on China-made goods. Imports from China hit a new high of Sh441 billion in 2021, a 22 percent jump from the previous year, while Kenya’s total export earnings stood at Sh739 billion.
https://t.co/J3Q3a6V5FY
The share of bank customers operating multiple bank accounts dropped last year. A survey by KBA found that 62 percent of customers had more than one bank account last year, down from 77 percent in 2020.
https://t.co/aBgCVbpJrO
Kenyan households are braced for higher energy and food costs as a result of the ongoing threat of war between Russia and Ukraine.
https://t.co/KVJuJbAOTn
A parliamentary committee has struck out sections of a Bill that sought to usurp the powers of the Central Bank of Kenya (CBK) as a fiscal agent and banker to the government.
https://t.co/ciathJPr3v
The Treasury has once again diverted Sh2.074 billion from the Petroleum Development Fund (PDF) to other State agencies in breach of the law, draining cash meant for cushioning consumers against high fuel prices.
https://t.co/DH5XaeP9Wn
Kenyans living abroad sent home $338.7 million (Sh38.3 billion) in January, 3.4 per cent lower compared to a monthly record high of $350.6 million (Sh39.6 billion) in December attributed to seasonal trends.
https://t.co/NRFYjcaIPi
Kenya will continue spending massively on infrastructure projects in the five years to 2027. In its new medium-term plan, the Treasury says it will prioritize spending to upgrade the nation’s rail system, road network and building of new power plants.
https://t.co/x1eMQn5zhO
World Bank and the International Monetary Fund (IMF) have stepped up lending to Kenya over the past three years, which has seen Chinese loan deals reduce, firming the grip of Bretton Woods institutions on East Africa's biggest economy.
https://t.co/Y8EWB2FZPx
The African Development Bank’s (AfDB) says it is part of a syndicate of financial institutions set to conclude talks to fund the construction of the Sh180 billion upgrade of the Nairobi-Nakuru highway.
https://t.co/nEzP5ILceM
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The Central Bank of Kenya has retained the base lending rate at seven per cent for a record 12th time, citing a stable macroeconomic environment despite the pandemic.
https://t.co/45DxoQ6ahe
The Central Bank of Kenya (CBK) has flagged the reported economic performance of the agriculture sector for 2021. Overall, the CBK estimates that the economy grew by eight percent last year.
https://t.co/wBcWgG2JX4