Prime

Chase Bank, Imperial lock in tea farmers’ Sh4.8bn

The recent shutdown of Chase Bank has locked in Sh1.9 billion belonging to the Kenya Tea Development Agency (KTDA).

The collapse of Chase Bank is likely to have a serious negative impact on KTDA’s liquidity, coming hardly six months after the closure of Imperial Bank cut its access to another Sh2.9 billion.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.

Get it First!

Stay up to date on the editors' picks of the week.

Latest

  1. PRIME How repeat Dubai trips exposed high-end phones smuggling route at JKIA

  2. PRIME CBK seeks power to raid, oust top bosses at payment firms

  3. PRIME From Olympic gold to sobriety: Wilfred Bungei’s second race

  4. PRIME Diageo takes Sh5.5bn loss in sale of EABL, UDV stakes

In the headlines

View All