Economy
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Kenya partners with marketing agency to promote tourism destination
The Kenya Tourism Board (KTB) partnered with an international marketing agency, Action Marketing Plus, to showcase Nairobi’s attractions through running…
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Shell to pay Nigerian community over Ksh.12 billion due to oil spillage
Shell has agreed to pay a community in Nigeria more than Ksh.12 billion (US$.110 million) to resolve a long-running dispute…
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Senators back proposed Coconut Industry Development Bill 2021
Three Senators from the Coastal region have backed the proposed Coconut Industry Development Bill 2021 that seeks to improve the…
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Google employees who chose to work from home to receive pay cut
The giant tech, Google has developed a pay calculator which will let employees who chose to work from home get…
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Kenya’s debt not a problem, says CS Yatani
The National Treasury Cabinet Secretary Ukuru Yatani has compared Kenya’s Gross Domestic Product (GDP) to that of advanced economies like…
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Manufacturers want KRA to shelve inflation adjustment on specific rates of excise duty
The Kenya Association of Manufacturers (KAM) now wants the Kenya Revenue Authority (KRA) to halt the implementation of inflation adjustment…
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Tourism revenue in Baringo down Ksh.95M on COVID, flooding
Baringo County has lost revenue worth Ksh.95 million from the tourism sector as a result of adverse effects of the…
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Kenya’s imports from Tanzania surpasses its exports first time in decades
Data by the Central Bank of Kenya (CBK) show that Kenya’s imports from Tanzania have surpassed its exports for the…
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KRA announces Inflation adjustment on specific rates of excise duty
The prices of several commodities are set to go up from October 1, 2021 when the Kenya Revenue Authority (KRA)…
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Hackers steal Ksh.65.4 billion in major cryptocurrency heist
Hackers have stolen some Ksh.65.4 billion (US$.600 million) in what appears to be one the largest cryptocurrency heists ever. Blockchain…
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