IMF Urges Kenya to Balance Revenue Generation with Debt Management Amidst Socioeconomic Pressures
The International Monetary Fund (IMF) has urged Kenya to carefully balance the introduction of new tax measures aimed at boosting…
Category: Business
Tonix Pharmaceuticals Partners with KEMRI for Mpox and Smallpox Vaccine Trial in Kenya
Tonix Pharmaceuticals Holding Corp., a biopharmaceutical company based in the United States, has partnered with the Kenya Medical Research Institute…
SHA Transition Worsens Financial Crisis in Private Healthcare Centres with Delayed Payments and Operational Challenges
The shift from the National Health Insurance Fund (NHIF) to the new Social Health Authority (SHA) is placing mounting financial…
Taxi-Hailing Companies Face The Impact From Proposed Tax Reforms By Kenya’s National Treasury
Taxi-hailing companies are among the foreign businesses that could be significantly affected if a new proposal from the National Treasury…
Biosafety Authority Steps Up Oversight of Genetically Modified Organisms (GMOs)
The National Biosafety Authority (NBA) has issued a directive requiring individuals or institutions involved in activities related to genetically modified…
Opposition Calls For Accountability Over Police Phone Spying Scandal
The Kenyan Opposition is demanding that President William Ruto be held personally accountable for alarming allegations of police phone surveillance…
KenGen Reports Profit Surge Amid Strategic Shift Toward Renewable Energy
Kenya Electricity Generating Company (KenGen) has announced a remarkable 35% increase in profit after tax for the fiscal year ending…
Foreign Investor Confidence Dips As NSE Rebounds In Local Gains – Q3 2024 Market Report
In the third quarter of 2024, foreign investor participation at the Nairobi Securities Exchange (NSE) took a notable downturn, averaging…
Safaricom’s Impact: Ksh 722 Billion Contribution To Kenya’s Economy And Job Creation
Safaricom has made a remarkable contribution of Ksh 722 billion to the Kenyan economy while supporting over 1.28 million jobs…
BURN And European Investment Bank Team Up To Invest Ksh 1.9 Billion In Clean Cooking Solutions
Nairobi-based BURN, a leading manufacturer of clean cooking appliances, has partnered with the European Investment Bank (EIB) to invest Ksh…