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Treasury Cabinet Secretary John Mbadi reviewing PAYE tax relief documents in a government office
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Mbadi: PAYE tax relief proposal still under active consideration

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Treasury Cabinet Secretary John Mbadi has confirmed that the government’s earlier proposal to raise the PAYE tax-free threshold from KSh 24,000 to KSh 30,000 remains under consideration, despite its absence from the draft Finance Bill 2026.

Nequi announced a campaign offering prizes of up to $5 million to those who receive remittances in May. The initiative, called “Dale un Giro a tu Día,” aims to encourage use of the “Giros a un Link” service through May 24.

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Celsia reported revenues of 1.27 trillion pesos in the first quarter of 2026, a 12.4% drop from the prior year. Net income fell 46% to 58.393 billion pesos.

CleanSpark, Inc. conducted its second quarter 2026 financial results conference call on May 11. Executives presented details on the company's performance during the period. A press release with the results was also filed the same day.

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REIT and InvIT issuances are drawing strong investor interest as they outperform traditional IPOs in volatile equity markets. These trusts deliver stable income from operational assets.

India's benchmark Nifty index continues to trade in a narrow range amid mixed analyst signals. A bullish market structure remains in place even as resistance levels cap gains.

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Morningstar, Inc. released a slide deck in connection with its recent shareholder and analyst call.

 

 

 

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