Prime

KCB to be City Hall’s main banker over 8-year loan term

City Hall, Nairobi. KCB will be City Hall’s primary banker for eight years. PHOTO | FILE

Kenya Commercial Bank will be City Hall’s primary banker for the eight years repayment period of a Sh5 billion loan that the lender bought out from Equity Bank, fresh details of the terms attached to the debt have showed.

All City Hall revenues (rates, charges, fees and any other receivables) will be deposited with the bank during this period.

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 Early winners as Lamu refinery project kicks off

  2. PRIME Sacco accounts holding millions rise to 154,000

  3. DN Kimani Ichungwah 0301 b

    PRIME Teachers face tighter misconduct rules in proposed changes

  4. PRIME How worker assaults sparked exit of security boss of giant tea firm

In the headlines

View All