Economy
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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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Kenya, Uganda railway line upgrade to cost Ksh.15 billion
Both Kenya and Uganda have entered into an agreement to upgrade the old Metre Gaige Railway (MGR) to ease the…
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High Court thwarts Humphrey Kariuki’s Ksh.17 billion tax evasion claim by KRA
Businessman, Humphrey Kariuki’s Ksh.17 billion tax evasion onslaught by the state has been thwarted by the High Court. In a…
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DTB Q1 profit up 15.8% to Ksh.2.2 billion
Diamond Trust Bank’s (DTB) quarter one profit surged by 15.8 percent to Ksh.2.2 billion from Ksh.1.9 billion in a similar…
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Survey; Tax rises will drive most Kenyans to illicit goods
The vast majority of Kenyans are likely to end up buying illicit goods if proposed new consumer taxes become law.…
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Over 56,000 motorists have used Nairobi Expressway in 8 days, says Transport CS Macharia
The number of motorists using the new Chinese-built Nairobi Expressway hit 23,600 to Friday last week since it was fully…
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List of Ksh.337.8 billion projects in Kenya under Public Private Partnership
Kenya has so far completed key projects under the Public-Private Partnership (PPP), scaling itself as one country with more mature…
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Kenya to benefit from World Bank’s Ksh.3.4 trillion funding to tackle food shortage
Kenya will benefit from World Bank’s Ksh.3.4 trillion financing kitty that has been set aside to address food insecurity globally.…
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U.K to finance construction of Ksh.30 billion Nairobi Central Railway Station starting July
The United Kingdom will finance the construction of the Nairobi Central Railway to a tune of Ksh.30 billion. The project,…
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