Kenya’s Inflation Rises to 3.0% in December, Driven by Food and Transport Costs
Kenya’s year-on-year headline inflation rose to 3.0% in December, up from 2.8% in November, according to the latest statistics from…
Category: Business
Government Rolls Out Subsidized Fertilizers Distribution Ahead Of Long Rains Planting Season
In preparation for the long rains planting season, the government has begun distributing subsidized fertilizer to farmers across the country.…
KRA Implements New Excise Duty Rates Following Tax Amendments
The Kenya Revenue Authority (KRA) has unveiled a new excise duty framework targeting various goods and services, a move prompted…
Treasury Bill Rates Fall Below 10% Amid CBK’s Monetary Easing, Eurobond Yields Surge
In contrast, yields on Kenya’s six outstanding Eurobonds rose sharply last week. The KENINT 2034 recorded the highest increase, 52.80…
Amsons Group Seals Ksh 22.5B Deal to Acquire Bamburi Cement from Holcim
Holcim, the majority shareholder in Bamburi Cement, has finalized the sale of its 58.6 per cent stake in the Kenyan…
KRA’s 2023 Tax Amnesty Policy Helps Recover Ksh 54.5 Billion In Principal Taxes, Report Reveals
President William Ruto signed the Tax Procedures (Amendment) Bill 2024 into law, enabling taxpayers previously excluded from the program after…
SGR’s Financial Accountability and Economic Sustainability Under Scrutiny as MPs Highlight Massive Operational Costs
Members of Parliament have called on the Kenya Railways Corporation (KRC) to publish detailed reports on revenue collections, operational costs,…
Etihad Airways Launches New Abu Dhabi-Nairobi Route Amid Expanding Global Network
Etihad Airways marked a major milestone on Sunday with the launch of its new direct service between Abu Dhabi and…
Aga Khan Hospital Mombasa Faces Criticism Over Unresolved Collective Bargaining Agreement
The Aga Khan Hospital Mombasa has come under fire from stakeholders for delays in finalizing provisions of a Collective Bargaining…
Christmas Cheer as Coca-Cola Caravan Spreads Joy in Kakamega Town
By Hilda Atika Kakamega town was abuzz with excitement on Monday as the Coca-Cola Christmas caravan rolled through, spreading festive…