Economy
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Central, Uhuru Park park to be upgraded to international standard in Ksh.1 billion funding
Members of Parliament passed the bill and mini-budget which will see the upgrade of both Central and Uhuru parks upgraded…
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Naivas, Quickmart expansion shaped real estate growth in Q1 of 2022; see highlights
In quarter one (Q1) of 2022, the Real Estate sector recorded notable activities compared to a similar period in 2021…
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KQ, South Africa Airways to merge under conglomerate in expansion strategy
Kenya Airways (KQ) and South African Airways (SAA) are chatting a path for a joint operation under a conglomerate from…
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Kenya’s top company fears, strengths and strategy to stay relevant in market
Majority of Kenya’s top Chief Executive Officers are uncertain about the country’s and global economy at large due to continued…
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CA to switch off unregistered SIM Cards by April 15
Unregistered SIM cards in Kenya will be deactivated by April 15, 2022. Communications Authority (CA) has already ordered a clean-up…
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Govt sets aside Ksh.5.7 billion fertilizer subsidy fund to cushion farmers
The Kenyan Government has set aside Ksh.5.734 billion to subsidize 114,000MT (2,280,000 x 50kg bags) for farmers growing food crops…
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Tax Tribunal rules withholding tax not applicable on management fee under Kenya, France Double Tax Treaty
The Tax Appeals Tribunal (TAT) rendered its judgment on March 25, 2022, in the case Total Kenya Limited v Commissioner…
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Subaru lovers to get new cars on credit in new deal with Autochek Africa
Subaru Kenya and Autochek Africa have signed a deal that will see customers buy new and second-hand cars through loan…
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CBK retains benchmarking rate at 7%, cites global uncertainties
The Central Bank of Kenya (CBK) has for the umpteenth time retained the Central Bank Rate (CBR) at 7 percent…
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Higher shipping cost to push up inflation through 2022, warns IMF
Higher shipping cost is fueling inflation which is on track to rise through the end of 2022 while the Russia-Ukraine…
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