Economy
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Treasury; Counties failed to spend Sh85.6 billion in FY 2018/19
The huge unspent balance of Ksh.85 billion by all Counties has been revealed even as Governors’ demand for an extra…
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Naivas supermarket chairman Simon Mukuha dies at Aga Khan Hospital
Naivas Supermarket has been plunged into mourning following the death of the retail firm’s chairman, Simon Mukuha. The supermarket’s Chief…
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Trade CS Munya on the spot over Ksh.10 bn edible oil
The controversial edible oil that was impounded by the government has not been released as earlier claimed by CS Trade…
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Four companies shut down by the government amidst mass job layoffs
National Environment Management Authority (NEMA) shut down four companies in Nairobi’s Industrial Area for discharging life-threatening waste into Nairobi River.…
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KRA To Vet Capital Gains Tax Exemptions
The Kenya Revenue Authority (KRA) has enhanced the itax system to Closely monitor exemption declarations on transactions that attract capital…
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South Africa Seizes Air Tanzania Plane Over Unpaid Farm Claim.
South Africa has impounded a plane belonging to Tanzania’s national carrier over a farmer’s $33-million compensation claim for land, which…
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Kenya Set To Begin Exporting Specialty Tea To China
This is following the signing of an agreement that will see the Chinese traders buy 5 million kilos of specialty…
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Turkana oil to create more than 50,000 Maritime jobs for Kenyans
Kenya has beat odds to become first East African nation to export oil and stands to benefit more from the…
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President Kenyatta flags-off Kenya’s first oil export from Mombasa
President Uhuru Kenyatta flagged-off the maiden shipment of Kenyan crude oil at the Kipevu, port of Mombasa on Monday This…
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Ksh.18 M worth of drugs confiscated at the coast by police
Drugs worth Sh18 million have been seized at the Coastal region in the continued fight against illegal trade continues. For…
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