From left: Nairobi Securities Exchange (NSE) CEO Frank Mwiti, NSE EmpowerHER Lead Demi Murila, Chief of Staff in the Office of the First Lady Mary Muinde and NSE Chairman Kiprono Kittony ring the bell to launch the NSE EmpowerHER Patron’s Circle in May 2025. [Jenipher Wachie, Standard] Retail investors at the Nairobi Securities Exchange (NSE) will, from August 1, be able to buy and sell shares in multiples of one as the market does away with the old rule that required investors to buy shares in lots of 100. This is after the bourse received approval from the Capital Markets Authority…
Author: By Clare Ochieng and Macharia Kamau
Kiharu MP Ndindi Nyoro speaking during the launch of the institute’s annual national shadow budget for 2025-26 financial year. [Wilberforce Okwiri, Standard] The Road Maintenance Levy (RML) has handed Sh119.7 billion to the Kenya Revenue Authority (KRA) in the 2024/2025 financial year, a 50.9 per cent increase in its contribution to the taxpayer. The significant increase follows the levy’s hike by Sh7 per litre of super petrol and diesel in July 2024. This saw motorists pay Sh25 at the pump, up from Sh18. KRA collects the levy on behalf of the Kenya Roads Board, which is then disbursed to different…