Economy
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Treasury releases over Ksh.7 billion to Kenya Power for a further 15% power cut
Kenya Power has received Ksh.7.05 billion subsidy from the National Treasury which will see a second phase of lowering power…
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High food prices push Kenya’s inflation to 7.1% in May
Inflation in Kenya for the month of May jumped to 7.1 percent from 6.4 percent in April pointing out the…
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Kenya seeks to raise debt ceiling to Ksh.10 trillion
The National Treasury Cabinet Secretary Ukur Yatani has proposed to raise Kenya’s debt ceiling from the current Ksh.9 trillion to…
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Kenya defaulted on loan repayment over Kimwarer, Arror and Itare dams
A report by the Auditor General Nancy Gathungu shows Kenya defaulted on three loans totaling Ksh.5.1 billion. The loan servicing…
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Kenya signs 7 key bilateral agreements with Sierra Leon
President Uhuru Kenyatta and his visiting Sierra Leonean counterpart Julius Maada Bio on Monday, May 30, 2022, signed seven key…
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Supreme Court grants taxpayers leave to appeal withholding taxes on card fees
The Supreme Court of Kenya delivered a ruling on 19 May 2022 in Motion No. 15 of 2021 Barclays Bank…
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Nice & Lovely launches limited edition body lotion to keep girls in school
Kenya’s Number one body lotion, Nice & Lovely, has today announced a limited-edition lotion that is aimed at promoting girl-child…
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New Ksh.2 billion steel factory in Kisumu to employ 600 youth starting June
A new Ksh.2 billion steel factory in Kisumu is set to start manufacturing work this June and will employ more…
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Gladys Wanga lead MPs to shoot down proposed tax hikes in Finance Bill, 2022
Homa Bay Woman Rep Gladys Wanga, who chairs the National Assembly Finance Committee has rejected the proposals to increase taxes…
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