Kenya And Angola Strengthen Ties With Direct Flights And Visa Waiver Agreement
Kenya and Angola have agreed to enhance their bilateral relations by resuming direct flights between Nairobi and Luanda, with Kenya…
Category: Business
Kenya’s PMI Shows Marginal Improvement In December, But Business Confidence Remains Low
Kenya’s Purchasing Managers’ Index (PMI) stood at 50.6 in December, indicating a slight improvement in the health of the private…
APSTAR SACCO Sets Sights on Expansion in 2025 as It Wraps Up 2024 Achievements
In the past five years, Apstar Sacco has demonstrated remarkable resilience, strategic focus, and steady growth, as highlighted by key…
Kenya Airways Faces $1 Million Lawsuit Over Alleged Mishandling of Nigerian Family’s Christmas Travel Plans
Kenya Airways is facing a substantial claim for damages and compensation from a Nigerian family over the alleged mishandling of…
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…
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…