Economy
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Kakamega receives lion’s share of Ksh.31.4 bn equitable share from state
The May Equitable share allocation of Ksh.31.45B was released, with Kakamega, Nakuru, Turkana and Nairobi getting their lion’s share of…
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List of counties that have benefited from Ksh.1.4 bn conditional grant from Water Ministry
On June 6, 2023, counties received their share of the Ksh.1.4 billion conditional grant from the national government under the…
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President Ruto’s Ksh.3.6 trillion budget reading by CS Ndungu [LIVE]
The National Treasury has proposed a Ksh.3.6 trillion for the Financial Year 2023/2024 with a Ksh.700 billion deficit to be…
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Finance Bill 2023 proposes to tax per diem for civil servants [Video]
All employees in the public sector will be subjected to per diem tax, should the Finance Bill, 2023 be enacted…
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CBK tables report on adoption of digital currency in Kenya
A revolution in technology has been pushing for countries, globally to relook into their currency advancement, over the adoption of…
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Kenya to receive Ksh.138 billion World Bank loan
The World Bank has approved a Ksh.138 billion loan for Kenya as a budget support facility, just a week after…
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Kenya to tax car owners Ksh.5,000 per passenger seat in Finance Bill 2023
Kenyan government is proposing to tax private car owners based on passenger capacity, on top of a lined up tax…
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Angola pays Ksh.3.4 bn to become ATI’s 21st Member State
The Republic of Angola has become the 21st African Member State and the 1st Lusophone Member State of pan-African insurer,…
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CBK retains benchmark lending rate at 9.5%
The Central Bank of Kenya (CBK) has retained the benchmark lending rate at 9.5 percent following its Monetary Policy Committee…
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Low-carbon startups in Africa hit first close at Ksh.6.6 billion
Africa’s climate tech startups could see a significant increase in funding in the coming years as more funds target the…
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