BUSINESS & FINANCE
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Trade Wars Loading as Kenya Imposes Tax on Eggs From Uganda
There is a boiling trade war following reports that Kenya has reintroduced a levy on eggs from Uganda. The reports…
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Kenya Power Launches Technology to Reduce Power Shutdowns
Kenya Power has launched a Ksh.340 million live line laboratory technology that will reduce planned electricity shutdowns without switching off…
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National Assembly Raises Debt Ceiling to Sh10tn as Budget Deficit Nears Sh1tn
Members of Parliament have approved Treasury’s proposal to raise the debt ceiling to Sh10 trillion. House Majority Leader Amos Kimunya…
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UDA MPs Propose Rise in Beer, Spirit Prices
Treasury Cabinet Secretary Ukur Yatani has proposed to heavily beer products by raising the excise duty
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Safaricom and Visa launch M-pesa Virtual Card for global transactions
Safaricom and Visa launched the M-pesa visa virtual card on Thursday to facilitate payments for Kenyan global shoppers. In a…
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Cost of Electricity to Shrink by 15pc
The subsidy will see the completion of the 33 per cent price reduction of the cost of a unit of…
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MPs reject proposal to increase alcohol and bottled water prices
MPs have rejected the proposal to increase taxation on alcohol and bottled water, dealing a blow to the Treasury’s plan…
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How ex-AG Githu Muigai bought 16 apartments through proxy in botched auction
Prof Githu Muigai used a proxy to buy 16 apartments in Nairobi’s Ngong Road through a botched auction deal. Prof…
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Paul Russo replaces Joshua Oigara as new KCB Group CEO
Kenya Commercial Bank (KCB) Group has named Paul Russo as its new Group Chief Executive Officer. Russo, takes over from…
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