KRA loses dispute over tax deduction on bad bank loans
The Kenya Revenue Authority (KRA) has lost a tax dispute over the deductibility of bad loans after the Tax Appeals ...
Thursday, September 10, 2026
Tag: Banking Sector
KRA loses Sh264.9 million bad debt tax dispute against consolidated bank
The Kenya Revenue Authority (KRA) has suffered a setback in a tax dispute with Consolidated Bank of Kenya after the ...
Banking sector strains amid money laundering concerns
Kenya has been designated as a hub for money laundering in a recent development, a status likely to impact the ...
Banking sector faces crisis amid rise of non-performing loans
The Kenyan economy faces a looming crisis originating from its banking industry, notably evidenced by the surge in Non-Performing Loan ...
Kenya’s banking sector grapples with non-performing loans
Kenyan Banking Sector Faces Escalating Non-Performing Loans Crisis The Parliamentary Budget Office (PBO) highlighted a troubling development within Kenya's banking ...
Standard Chartered Bank Kenya reports 11.3% rise in Q3 2023 profit
Standard Chartered Bank Kenya exhibited commendable resilience in Q3’2023, navigating a challenging economic landscape with the bank's pre tax profit ...
The Banking Sector Continues to Show Sustained Performance
The Q1’2023 Banking Sector Report, just released by Cytonn Investment, highlighted that the banking sector continues to demonstrate sustained performance ...
