LEAD participation demonstrates a company’s ongoing commitment to the United Nations Global Compact and its Ten Principles Safaricom is a Compact LEAD participant for its ongoing commitment to the United Nations Global Compact and its Ten Principles for responsible business. Sanda Ojiambo, CEO and Executive Director of the UN Global Compact, comments: “LEAD companies represent the highest level of engagement with the UN Global Compact. More than ever before, the world needs businesses of all sizes — like the ones announced as LEAD today — that continuously work to improve their sustainability performance and take action to build a better…
Author: David Indeje
Netflix Inc, says it is offering a free plan that allows people to enjoy shows and movies ad-free on Android mobile phones, as it looks to woo new users in Kenya. “Now we’re giving audiences in Kenya the chance to experience these stories for themselves — completely free of charge,” the US-based video streaming platform said. “At Netflix, we want everyone to be able to enjoy the suspense of Blood & Water, the romance of Bridgerton, and the adventure of Army of the Dead. Now we’re giving audiences in Kenya the chance to experience these stories for themselves — completely…
The Kenya Revenue Authority (KRA) said on Monday it was appealing against the High Court’s Ruling that annulled the implementation of the minimum tax. The tax collector through its Commissioner for Legal Services and Board Coordination said the authority ‘respectfully disagrees with the findings of the court” that said it was unconstitutional for subjecting taxpayers to double taxation and was punitive in nature. The minimum tax – calculated at 1 per cent of gross turnover – went into effect in January. As a result, KRA will prefer an appeal to the Court of Appeal to challenge the finding the commissioner…
Kenya’s High Court on Monday struck down the implementation of minimum tax at a rate of 1 per cent of firms’ turnover and said it was unconstitutional as the law would lead to double taxation and unfair targeting. “The minimum tax has not only the potential to subject the people to double taxation but also, to unfairly target people whose businesses, for whatever reason, are in loss-making position, Justice George Odunga said. “Those who are able to pay taxes from their profits will not have their capital affected while those generally in loss-making position will be sacrificed at the altar.”…
Kenya Breweries Limited has announced the launch of a new brand called Gilbey’s Mixed Berries, a delicious blend of gin and mixed berries to cater to grow its market share. Victoria Mbugua, Innovations Manager, KBL says the brand also aims to address demand from consumers given the success that they have seen with Gilbeys’ mother brand. “This is the reason why innovations are very critical for us as a company. It’s because they enable us to grow our market share and it enables us to incorporate more consumers into our portfolio,” says Victoria. Other brands that the brewer has launched…
Kenya Airways has announced special ticket discounts of up to 30 per cent off to destinations across its network. This applies to tickets purchased by the 24 th September 2021 for travel up to 31 st March 2022. The airline says this is aimed at “exciting customers to travel and reconnect to new experiences with a delightful touch”, in line with this year’s upcoming Customer Service Week, The Power of Service. “This cements our purpose as the pride of Africa by offering them travel options and discounts that will help them enjoy their holidays even better. This will be further…

